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 | Lunara Villas 3 bed | House for sale in Akumal

Lunara Villas 3 bed

Lunara Riviera Maya(Akumal, Quintana Roo, Mexico 77734)…

3Beds 3Baths $383,800USD

$383,800 USD
$7,841,034 MXP
Estimate only. Updated Daily.

Danielle Knod

Request more information

For Sale

Property Description

Property Type: House
Status: For Sale
Property Status
Location: Akumal
Property Size: 229.05 M2
Property ID: 594813735
Beds: 3
Baths: 3

New luxury villas with resort-style amenities

These gorgeous new villas are located in Lunara, an eco-friendly gated community in Akumal that offers exclusivity and privacy but also easy access to some of the best beaches in the area. This huge 284-acre residential development is surrounded by jungle and located just minutes from the natural beauty of the Caribbean coast. Lunara 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 Cancun International Airport.

These new sustainably designed 2- and 3-bedroom villas are perfect for people who want a Caribbean getaway for vacations, or even to retire to, or a profitable vacation rental. They feature a spacious open floor plan with a kitchen with an island and a sun-filled living room and dining area. All of the modern residences open out onto a covered terrace with a private pool and garden. The 3-bedroom villas also feature a large rooftop terrace with a sink and a bar area. This is a lovely spot to bask in the sun or dine al fresco under the stars. These villas have tile floors and top-quality finishes that are durable and easy to maintain. They are being offered for sale unfurnished but equipped with air conditioning.

Lunara offers 103 acres of green areas and resort amenities, including multiple pools, an adventure park with seven crystal-clear cenotes, a culinary club, indoor and outdoor gyms, a yoga studio, community gardens, and a commercial area with shops and restaurants. The complex is safe and quiet with controlled access and 24-hour security. The developer has taken great care in preserving over 60 percent of the existing jungle and ensuring the maximum amount of greenery is left untouched.

These new villas are perfect for vacation rentals or as your own home in paradise. Delivery is scheduled for 2025. Pre-construction prices are subject to availability and are time sensitive. For current pricing availability contact one of our friendly agents today.