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 | Ahjal | Condo for sale in Tulum

Ahjal

Aldea Zama(Tulum, Quintana Roo, Mexico, 77760)…

2Beds 2Baths $220,000USD

$220,000 USD
$4,488,000 MXP
Estimate only. Updated Daily.

Sarah Fouts

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For Sale

Property Description

Property Type: Condo
Status: For Sale
Property Status New-construction
Location: Tulum
Property Size: 78.5 M2
Property ID: 592987334
Beds: 2
Baths: 2

New luxury condos with lock-off units

Ahjal is an exciting new condominium project with luxury amenities in the exclusive master-planned Aldea Zama residential area of Tulum. The complex is surrounded by jungle and located just minutes from the bohemian chic town center of Tulum and the new beach road that leads straight to the hotel zone and the gorgeous white sandy beaches. Nature lovers will adore the proximity to the ruins of Tulum, Coba, and dozens of amazing cenotes that are scattered throughout the Mayan jungle.

These new 2-bedroom, 2-bath condos offer different layouts and options to suit your needs, including lock-off options for additional occupancy and earning potential. They can be easily converted into a large 1-bedroom unit or two independent studios, depending on the season. All of the modern residences feature a spacious open floor plan and get tons of Caribbean sunshine. They have a large private terrace with an indoor-outdoor kitchen and a hot tub. These condos have tile floors and top-quality finishes that are durable and easy to maintain. They are being offered for sale unfurnished but equipped with ceiling fans and air conditioning. Appliance packages are available to purchase from the developer.

This new development offers a rooftop full of amenities, including a pool, a sunbathing area, a yoga and meditation space, and an outdoor grill area, perfect for your al fresco cookouts. The complex is safe and secure with controlled access and parking. This area also offers reliable, high-speed Internet access.

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

Amenities

Interior features/finishes

Ceiling Fan
Hot Tub
Laundry Room

View

Downtown

Cooling

3+ Window / Wall Unit

Lot Features

Swimming Pool

Sewer & Water

Cistern
Public

Appliances

Stove

Extra Features

Balcony
Roof Terrace
Tile Floor

Year Built

2024

HOA Fees

$40,000 MXN annually (estimated)

Taxes

Map

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Playa Del Carmen and Tulum Mexico Real Estate | Ahjal | Condo for sale in Tulum

Ahjal