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 | Casa de Jaguar La Veleta | House for sale in Tulum

Casa de Jaguar La Veleta

La Veleta (Tulum, Quintana Roo, Mexico, 77760)…

2Beds 2.5Baths $460,000USD

$460,000 USD
$9,397,800 MXP
Estimate only. Updated Daily.

Marieke Brown

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For Sale

Property Description

Property Type: House
Status: For Sale
Property Status Re-sale
Location: Tulum
Property Size: 160 M2
Lot Size: 302 M2
Property ID: 603723056
Beds: 2
Baths: 2.5

Gorgeous Luxury Home in the Heart of Tulum

Experience the best of luxury living in Tulum’s fast-growing La Veleta neighborhood! This stunning 2-bedroom, 2.5-bath home offers the perfect blend of tranquility and convenience. It is located just minutes from Tulum's vibrant town center and the new beach road that leads to the hotel zone and the gorgeous white sandy beaches. Explore the nearby Tulum and Coba ruins, or discover dozens of amazing cenotes scattered throughout the Mayan jungle.

This home is perfect for people seeking a Caribbean getaway for vacations or a profitable rental investment. Located in a private, gated community, it features modern amenities, spacious open living areas, and serene outdoor spaces. Enjoy the laid-back, tropical lifestyle Tulum is known for, while also attracting vacationers in search of an unforgettable getaway.

-Kitchen Island

-Washer and Dryer

-Air Conditioning

-Ceiling Fans

-Satellite Antenna

-Solar Panels

-Alarm System

-Covered Patio

-Garden Area

-Swimming Pool

-1 Parking Space

Contact one of our friendly agents today for more information.

Amenities

Interior features/finishes

Alarm System
Ceiling Fan
Laundry Room

View

Downtown

Cooling

3+ Mini Splits

Lot Features

Patio
Private Pool

Sewer & Water

Well

Appliances

Microwave
Oven Range
Refrigerator
Stove
Washer/Dryer Hookup

Extra Features

Private Owned
Solar Power
Tile Floor

Parking Spaces

Year Built

2024

Taxes

$2700 MXN

Map

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Playa Del Carmen and Tulum Mexico Real Estate | Casa de Jaguar La Veleta | House for sale in Tulum

Casa de Jaguar La Veleta