
Get Notified when properties are added in Playa Del Carmen for all prices .
New ocean view condos with resort-style amenities This n…
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3Beds 3Baths PlayacarªªPLEASE NOTE THAT THE PRICE OF THIS PROPERTY IS AN ESTIMA…
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10Beds 10.5Baths Playa Del CarmenNew Playacar condos with resort-style amenities Casa de …
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2Beds 2.5Baths PlayacarIntroducing Ipana: Stylish, contemporary condominiums for sa…
3Beds 3.5Baths Playa Del CarmenSpacious 5th Avenue Condo with Private Rooftop Right on Pla…
3Beds 3Baths Playa Del CarmenSpacious Ocean View Condominium in Playacar Phase One Playa…
3Beds 3Baths Playacar Av Las Torres 523, Los Faroles, 523, 77533 Cancún, Q.R., MéxicoThese luxurious, oceanview condos in downtown Playa del Carm…
2Beds 2Baths Playa Del CarmenNew luxury condos with resort-style amenities This new l…
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240 M2 4Beds 4Baths Playa Del Carmen“Playa del Carmen (Spanish pronunciation: ['plaʝa ðel 'karmen]) is a city located along the Caribbean Sea in the state of Quintana Roo in Mexico. It is a popular tourist area in eastern Mexico. Playa del Carmen boasts a wide array of tourist activities due to its geographical location in the Riviera Maya. It has also been the destination of PGA Tour golf tournaments and the set location for various television shows.” – Wikipedia
Yes! 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 (Trust Law).
A Fideicomiso is established by the government and gives foreigners the same rights of ownership as Mexican citizens. The only difference is that they never receive the actual fee simple title. A bank holds it in trust for them. The Trust system of ownership is sanctioned by the Mexican government, provided for under the Mexican Constitution, and secured by the Central Bank of Mexico, all exclusively for the purpose and protection of enabling foreign ownership of coastal property in Mexico.
Alternatively, you may own property by establishing a Mexican corporation. The corporation is the direct owner of the property and enjoys the right to conduct business in Mexico. (Consult your agent and attorney to find out which form is best in your case).