Can foreigners really own property in Mexico?

es! Today, Mexican laws give foreigners the ability to own real estate in Mexico. There is, however, a Restricted Zone that extends 50 km inland from the coastline. Outside the Restricted Zone, a foreigner may acquire land and be direct owners of the property with all the rights of a Mexican national in compliance with Mexican Law. Inside the Restricted Zone, there are two alternatives for foreigners who wish to buy real estate. Since 1973, foreigners have been able to purchase coastal property through a Mexican bank trust, known as a Fideicomiso.

Can I get financing for my real estate purchase in Mexico?

Unfortunately, at this time, there are no financing or mortgage options for foreign buyers in Quintana Roo. This can change at any time and updates will be posted.

What about the availability of title insurance?

Beginning in 1996, Stewart Title Mexico began underwriting title insurance for Mexican properties at an approximate cost of 1% of the insured amount. Other types of insurance, including property, liability, damage, and earthquake, are all readily available in Mexico, at low cost, and policies can be written to pay claims in U.S. dollars.

What can I expect to pay in property taxes?

Property taxes have historically been low in Mexico because they have never been considered a source of governmental revenue. Known as Predial, the tax is calculated as a percentage (currently .25% of the assessed value), determined at the time of sale. Generally speaking, you can expect to pay $100usd per $100,000usd of assessed value yearly.

Who will manage my property when I am not using it?

Choosing the right Property Management company can mean the difference between an excellent appreciating investment and a huge liability. If you are a property owner in search of Property Management, we are happy to be able to refer you to the best, most professional Property Management companies and will gladly arrange a meeting with their teams. The right management company for you will take the time to a construct a cohesive plan that will best serve your particular needs and help you to realize your property's maximum potential and protect your investment.

Why should I consider buying property in Mexico?

The coastal real estate market in Mexico is booming. Mexico's economy, the 9th largest in the world, values and encourages foreign investment dollars and especially tourism; Mexico is a top world-destination for both vacation and retirement among US and Canadian

Playa Del Carmen and Tulum Mexico Real Estate | Anah Village 2 bed | Condo for sale in Akumal

Anah Village 2 bed

Tulum Country Club (Akumal, Quintana Roo, Mexico, 77760)…

2Beds 2Baths $325,000USD

$325,000 USD
$6,610,500 MXP
Estimate only. Updated Daily.

Sarah Fouts

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For Sale

Property Description

Property Type: Condo
Status: For Sale
Property Status Re-sale
Location: Akumal
Property Size: 110.42 M2
Property ID: 603676355
Beds: 2
Baths: 2

Gorgeous luxury condo with resort-style amenities

This garden level condo for sale at Anah Village in Akumal offers inviting indoor-outdoor spaces and the perks of living in a resort community. Nestled in a 717-acre residential resort, the complex is surrounded by world-class golf and located just minutes from the natural beauty of the Caribbean coast. Tulum Country Club (formerly Bahia Principe) is situated in the heart of the Riviera Maya, about halfway between Playa del Carmen and Tulum, and just 50 miles (80 km) south of the airport.

This updated 2-bedroom, 2-bath condo has everything you could want in a vacation home or a year-round residence. It features cathedral ceilings and a spacious open floor plan with a fully equipped kitchen with an island, a sun-filled living room and dining area, and a laundry room with a washer and dryer. The living room opens out onto a large covered terrace with a grill, perfect for your al fresco cookouts. The bedrooms have closets and floor-to-ceiling windows that let in tons of natural light. This condo has tile floors and top-quality finishes that are durable and easy to maintain. It is being offered for sale fully furnished and equipped with ceiling fans, air conditioning, and storm windows. There is also a huge resort-style community pool and lounge area nearby that you and your guests will love.

Owners and guests can also enjoy all the benefits of life in Tulum Country Club, including access to the resort’s world-class 27-hole golf course designed by Robert Trent Jones II, shuttle service to Kay Beach, preferential access to the Jungle Fish Beach Club, as well as special prices for day passes.

Perfect for people who want a Caribbean getaway for vacations, or even to retire to, this condo will bring many years of personal enjoyment while providing an excellent income if used for vacation rentals. Contact one of our friendly and knowledgeable agents today for more information.

Amenities

Interior features/finishes

Cathedral Ceiling
Ceiling Fan
Laundry Room

View

Jungle

Cooling

3+ Mini Splits

Lot Features

Common Pool
Garden Area
Gated Community
Landscaped

Sewer & Water

Public

Appliances

Microwave
Refrigerator
Stove
Washer

Extra Features

Accessible
Furnished
Golf Community
Pets Allowed
Security
Tile Floor
Updated
Walk-in Closets

Year Built

2020

HOA Fees

$5100 MXN

Taxes

$400 USD

Map

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Playa Del Carmen and Tulum Mexico Real Estate | Anah Village 2 bed | Condo for sale in Akumal

Anah Village 2 bed