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 | The Fives Downtown-Studio | Condo for sale in Playa Del Carmen

The Fives Downtown-Studio

Centro (Playa del Carmen, Quintana Roo, Mexico, 77710)…

1Beds 1Baths $149,000USD

$2,923,380 MXP
Estimate only. Updated Daily.

Rob Kinnon

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For Sale

Playa Del Carmen Real Estate Listing | The Fives Downtown-Studio

Property Description

Property Type: Condo
Status: For Sale
Property Status New-construction
Location: Playa Del Carmen
Property Size: 41M2
Property ID: 603723138
Beds: 1
Baths: 1

EMBRACE THE PLAYA LIFESTYLE - THE FIVES DOWNTOWN

Prime Location in the Heart of Playa

Experience the authentic rhythm of Caribbean living in this beautifully appointed studio at The Fives Downtown. Situated at the corner of 10th Avenue and 2nd Street, you're mere steps from pristine beaches, vibrant dining, and the energy of 5th Avenue that makes Playa del Carmen so special.

Your Turnkey Paradise

This charming apartment comes fully furnished with stylish living space, a convenient kitchenette, modern amenities, and everything needed to immediately begin your Playa dream. Air conditioning, flat-screen TV, and secure storage ensure comfort and convenience in your personal retreat.

Resort Living Every Day

Elevate daily life with The Fives Downtown's spectacular amenities: a breathtaking rooftop infinity pool with ocean views, stylish sky bar, rejuvenating spa, fitness center, coworking space, and onsite café. Enjoy complete peace of mind with 24-hour security and professional concierge services.

The Lifestyle You've Dreamed Of

Wake to gentle breezes, explore colorful streets by day, and enjoy starlit evenings in paradise. This perfectly situated condo puts the best of Playa del Carmen at your doorstep while offering rental potential when you're away.

Amenities

Interior features/finishes

Window Covers

View

Caribbean
Panoramic

Cooling

Central Air

Lot Features

Bar
Beach Club
Business Center
Co-working Area
Common Pool
Elevator
Gym
Jacuzzi
Restaurant
Swimming Pool
Trees / Shrubs
Underground Parking

Sewer & Water

Public

Appliances

Microwave
Refrigerator
Stove

Extra Features

Balcony
Cable Available
Common Pool
Concierge
Covered Patio
Fitness Center
Front Desk
Furnished
New Home
Parking
Pets Allowed
Public Transportation
Roof Terrace
Security
Tile Floor
Valet Parking

Parking Spaces

Year Built

2020

HOA Fees

Taxes

Map

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Add New
Title	The Fives Downtown
ID	603723138
Price	$149,000- $899,000 USD
Status	Published
No. Bedrooms	Studio - 2 bed
Address	10 Avenida Nte & Calle 2 Nte. Neighborhood: Ocean front Zip code: 7710 City: Playa del Carmen
No. Interior	See inventory in dropbox link
Owner Name	Contact the Fives sales manager Jacobo Tule
Owner Contact Email
Owner Contact Phone
Property Manager	Jacobo Tule
Property Manager Phone	+52 984 157 5750
Property Manager Email	director@residencesbythefives.com
Lock Box Code
Showing Instructions	Contact the Fives sales manager Jacobo Tule
Keys
Neighborhood	Centro (Downtown)
Type	Condo
Agent	Rob Kinnon
Location	https://maps.app.goo.gl/XkA1LyLWWL4rjLus5
Notes	8 Studios, 2 1 Bed apts and 2 2 Bed apts available. Only Unit #417 is a direct sale, the rest are resales 2 Infinity pools, Panoramic whirlpool, World-class Spa, 3 Gourmet restaurants, 2 Bars, The world’s first Marley Coffee, Full meetings and conferences facilities, State-of-the-art fitness center, Pet-friendly, Valet parking, underground parking, Elevator, Consierge, private beach club Thanks to its privileged location, The Fives Downtown allows guests to enjoy the vibrant nightlife, delicious restaurants, and endless stores and boutiques of Quinta Avenida in Playa del Carmen. world-class Spa with state-of-the-art treatments to indulge them; the hotel also features a fully equipped 24-hour fitness center and a health and wellness program with yoga and fitness classes incredible alternatives for conferences, seminars, and meetings first class meeting rooms are complemented by the talent of our creative and event planning team and our catering services the first Marley Coffee in Mexico, enjoying a coffee made with grains from the best parts of the world, with which Rohan Marley and music icon Bob Marley’s family, lead his legacy forward with the firm commitment to responsible, sustainable and organic farming. One Love, Lively Up!, and Simmer Down are some of the coffee varieties with which together we will make a tribute to this great legend.
Taxes	N/A
Furniture Included	Yes
HOA	N/A
Owner Will Accept
Dropbox	https://drive.google.com/drive/folders/1YdYXQMXewPMadzxYI9hy_8k3c4-GR5J5
Commission	7%
Year Built	2020
Pet Friendly	Yes
Parking Space	1
Lock Off Units
Buyplaya.co	https://drive.google.com/file/d/111P6GvfTf48JjLZQRLdy-Z9pIVV8wDr9/view?usp=sharing
Size	41- 228 M2
Financing
Video
Been on the market since	March 2025

Playa Del Carmen and Tulum Mexico Real Estate | The Fives Downtown-Studio | Condo for sale in Playa Del Carmen

The Fives Downtown-Studio