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 Texona | House for sale in Akumal

Casa Texona

Akumal Sur (Akumal, Quintana Roo, Mexico)…

5Beds 3.5Baths $1,950,000USD

$1,950,000 USD
$39,663,000 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: Akumal
Property Size: 521.45
Lot Size: 600
Property ID: 603723054
Beds: 5
Baths: 3.5

Superb Beachfront Villa in South Akumal

Experience the ultimate in coastal living in this breathtaking beachfront villa set on the pristine white sands of Akumal in the Riviera Maya. Spanning over 5,500 square feet, this 5-bedroom, 3.5-bathroom villa seamlessly blends luxury and comfort. Its spacious open-concept layout features floor-to-ceiling windows that frame panoramic ocean views, flooding the interiors with natural light. The villa has a fully equipped gourmet kitchen, spacious living and dining areas, and expansive oceanfront terraces.

This villa is perfect for a discerning buyer seeking a peaceful retreat with all the high-end amenities and conveniences of a world-class destination. The palm-fringed beach boasts soft, white sand, with a protected bay sheltered by an offshore reef, and the calm, clear Caribbean waters offer incredible visibility. Whether you’re paddling along the shoreline or snorkeling among colorful fish and coral, this beachfront paradise provides endless opportunities for relaxation and adventure.

-Beachfront

-Ocean View

-Covered Patio

-Balconies

-Furnished

-Pets Allowed

-Private Road

-Roof Terrace

-Storm Shutters

-Swimming Pool

-3 Parking Spaces

-Security

Contact one of our friendly and knowledgeable agents today for more information.

Amenities

Interior features/finishes

Ceiling Fan
Laundry Room

View

Beachfront
Ocean Front

Cooling

3+ Mini Splits

Lot Features

Garden Area
Landscaped
Patio
Swimming Pool
Trees / Shrubs

Sewer & Water

Public

Appliances

Dishwasher
Gas Range
Hood Fan
Refrigerator
Stove
Washer/Dryer Hookup

Extra Features

Balcony
Covered Patio
Formal Dining
Furnished
Pets Allowed
Private Road
Roof Terrace
Security
Storm Shutters (Manual)
Tile Floor

Parking Spaces

HOA Fees

$24,405 MXN monthly

Taxes

$60,306 MXN annually

Map

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Playa Del Carmen and Tulum Mexico Real Estate | Casa Texona | House for sale in Akumal

Casa Texona