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 Ahau | House for sale in Playa Del Carmen

Casa Ahau

Quintas del Carmen (Playa del Carmen, Quintana Roo, MX - 77710)…

5Beds 6.5Baths $350,000USD

$350,000 USD
$7,108,500 MXP
Estimate only. Updated Daily.

Danielle Knod

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For Sale

Property Description

Property Type: House
Status: For Sale
Property Status Re-sale
Location: Playa Del Carmen
Property Size: 232 sq. mt
Lot Size: 126 sq. mt.
Property ID: 432222913
Beds: 5
Baths: 6.5

Fantastic investment opportunity in Playa del Carmen

Casa Ahau is a beautiful 3-story apartment building with three separate units, perfect for vacation rentals or long-term rentals. The property sits on a quiet street just north of the downtown area in Playa del Carmen’s vibrant Little Italy neighborhood. It’s just two blocks from world-famous Fifth Avenue and another minute to the beach. This is one of the best locations in the city and attracts a steady stream of vacation renters, ensuring a healthy return on your investment for many years to come.

The ground-floor unit is a 2-bedroom, 2-bath apartment with a private garden area. It has a full kitchen, a bright living area, and colorful Mexican-inspired décor. The second unit is a spacious studio apartment that’s perfect for singles or couples. The top floor unit is a 2-bedroom, 2.5-bath penthouse that gets plenty of air flow and natural light. A spiral staircase leads up to a large rooftop terrace with covered seating, a Jacuzzi, a full bath, and an outdoor kitchen/laundry space with a sink and a stackable washer and dryer. The property is fully fenced-in offering a wonderful sense of security and privacy for you and your guests. There is also a small storage bodega on the property.

Casa Ahau is ideal for an owner who wants to live in the building and rent the other two units, or for a remote investor seeking immediate cash flow. It is being offered for sale unfurnished but equipped with ceiling fans, air conditioning, and storm shutters.

This property is a fantastic opportunity for a savvy investor and will easily generate enough rental income to provide a comfortable income for many years to come. Contact one of our friendly and knowledgeable agents today for more information.