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 | Villa Etincelle | House for sale in Tulum

Villa Etincelle

Region 12(Tulum, Quintana Roo, Mexico, 77760)…

3Beds 2.5Baths $531,250USD

$531,250 USD
$10,651,563 MXP
Estimate only. Updated Daily.

Marieke Brown

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For Sale

Property Description

Property Type: House
Status: For Sale
Property Status Re-sale
Location: Tulum
Property Size: 211 M2
Lot Size: 294 M2
Property ID: 603723004
Beds: 3
Baths: 2.5

Gorgeous villa for sale in a Tulum eco community

This bright and spacious single-story villa features an unbeatable location in the master-planned Holistika eco community in Tulum. This unique sustainable living community is 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.

This gorgeous 3-bedroom, 2.5-bath villa has everything you could want in a vacation home or a year-round residence. It features a fully equipped kitchen, a sun-filled living room and dining area, and a laundry room with a washer and dryer. You and your guests will love the huge patio with a private pool, a sundeck with loungers, a shady sitting area, landscaped tropical gardens, and an outdoor grill, perfect for your al fresco cookouts. The property is fully walled-in, offering a wonderful sense of security and privacy for you and your guests. This home shines with tile floors and top-quality finishes. It is being offered for sale fully furnished and equipped with ceiling fans and air conditioning.

Set in the jungles of Tulum, Holistika is a carefully-planned residential community surrounded by nature and built on the principles of sustainability. This eco-friendly, 18-acre complex has a holistic center, a community pool, daily yoga classes, weekly meditation sessions, shopping, dining, and more.

Perfect for people who want a Caribbean getaway for vacations, or even to retire to, this home will bring many years of personal enjoyment while providing an excellent income if used for vacation rentals. Contact one of our friendly and knowledgeable agents today for more information.

Amenities

Interior features/finishes

Ceiling Fan
Laundry Room

View

Jungle

Cooling

3+ Mini Splits

Lot Features

Cul-de-sac
Fenced
Front Porch
Garden Area
Swimming Pool

Sewer & Water

Septic
Well

Appliances

Dryer
Freezer
Oven
Refrigerator
Stove
Washer/Dryer Hookup

Extra Features

Accessible
Furnished
New Home
Pets Allowed
Private Owned
Security
Tile Floor

Parking Spaces

Year Built

2023

Taxes

$2800

Map

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Playa Del Carmen and Tulum Mexico Real Estate | Villa Etincelle | House for sale in Tulum

Villa Etincelle