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Playa del Carmen Luxury Real Estate
Playa
V I S I T O U R S P O N S O R S
Residencial Bay View Grand Cancun - Presale
contact us by phone 01-998-8840434 in Mexico 011-52-555-351-1581
y en los USA call us toll free :1-866-587-2481 or email
Las Olas Cancun Beachfront residences - Presale
contact us by phone 01-998-8840434 in Mexico 011-52-555-351-1581
y en los USA call us toll free :1-866-587-2481 or email
Punta Cancún Luxury
Beachfront Condos - Presale
contact us by phone 01-998-8840434 in Mexico 011-52-555-351-1581
y en los USA call us toll free :1-866-587-2481 or email
Cancun Real Estate, Playa del Carmen Real Estate,Riviera Maya Real Estate, Costa Maya Real Estate
The Cancun Real Estate market is one of the most dynamic in the Mexico.
When searching for Cancun homes or Cancun pre-construction condos, it
is best to work with real estate agents specializing in Cancun and
Cancun Beach Real Estate. Our agents have expertise in waterfront
houses, apartments, lofts and condos throughout Cancun-Mexico,
including Cancun, Puerto Morelos, Playa del Carmen, Playacar, Puerto
Aventuras and Akumal. If your interests go beyond Cancun
Pre-Construction Condos or Cancun homes, we work with you to buy and
sell Cancun commercial properties in the most efficient way
Porto Fino- Cancun
Luxury Beachfront Condos From $
Pre Construction Sale
A Stunning Cancun Home $ 650,000
MEXICO FINANCING AVAILABLE
Cancun Real Estate
Cancun real estate, situated along the beautiful eastern coast of
Mexico, is some of the most sought-after and desirable property in the
world. A paradise of sun and surf, Cancun has long been a favorite
tourist destination for world travelers. Many have for years been under
the false impression that purchasing Cancun real estate was either
legally forbidden for foreigners, or impossibly difficult.
Neither of these assertions is true. Cancun real estate was off-limits
to foreigners for many years, but those days have passed. While it is
still necessary to for Cancun real estate purchases to be transacted
through a Mexican fideicomiso (Mexican bank trust) that acts as a
trustee, full rights of ownership are given to the beneficiary, namely
you, the buyer. It may sound a little more complicated, but it's
largely the same process as purchasing real estate in the United States
where banks are routinely involved in real estate transactions.
At CANCUN REAL ESTATE COMPANY we have an intimate understanding of not
only the Cancun real estate market, but all the necessary steps
required for a buyer to purchase their piece of paradise without any
difficulty. Plus, there are no outrageous fees involved. The expenses
involved are in line with American real estate closing costs.
We are a full service real estate firm, able to provide all the latest listings as well as financing options.
Cancun real estate doesn't have to be a dream. With CANCUN REAL ESTATE
COMPANY at your side, it can be a reality ! Call us at today to find
out more.
WHY INVEST IN THE RIVIERA MAYA?
Playa del Carmen is the fastest growing city in Latin America. And the
Riviera Maya is the fastest growing tourist destination anywhere in the
world! With those two factors, it is easy to understand why investment
opportunities in real estate in this area are booming. Imagine owning
real estate in one of the few places on earth that offers beautiful
emerald blue ocean water, some of the best diving in the world and any
sport you desire….
Between the exciting nightlife in Playa del Carmen, warm tropical
weather, friendly people, famous Mayan ruins, and vast activities, this
is the ultimate vacation destination for both the active sports
enthusiast as well as the professional sunbather.
Mexico is now rated one of the best countries for investment
opportunities in real estate growth as well as one of the safest for
real estate investments (secured under recent changes in Mexican law).
Foreigners can own coastline land with Trusts held by Mexican banks.
Just like in the United States the owner is the beneficiary of the
Trust, administers the Trust and therefore controls the property. He or
she may transfer ownership, lease or improve the property at will.
Foreign owners may also enjoy capital gains on sold property and can
also instruct the Trust to pass on the property to future generations
without the cost of inheritance tax.
Foreigners may also own rental properties or other businesses which own
property by forming a Mexican Corporation owned by foreigners. In this
case the Mexican Company, which would hold the title, owns the property
and a Trust with a Mexican bank are not needed.
BUYING REAL ESTATE IN RIVIERA MAYA IS NOW EASIER THAN EVER.
PRECONSTRUCTION CANCUN & CANCUN BEACH FRONT
CANCUN REAL ESTATE COMPANY
Is the recognized real estate leader in Cancun & Playa del Carmen
areas. We use U.S. Title Policies and U.S. bonded, third party escrows
in Mexico for all our transactions. We understand the local laws
regarding ownership of real estate in Mexico by foreign investors, and
we will put this knowledge to work for you... making sure your
investment is secure.
If you are considering a real estate purchase in Cancun area, make sure
everything is done right by allowing CANCUN REAL ESTATE COMPANY to work
for you. We are an independent owned brokerage firm, assuring our only
interest is representing you in a real estate transaction that is safe,
solid and secure.
Our strength is in our commitment to safeguard the interests of our
clients. We offer no properties that cannot secure a U.S. Title policy.
No other real estate firm in Cancun is more dedicated to ensuring a
safe, secure transaction for both buyers and sellers.
We never forget it's your money and your investment... it's our job to protect it.
We know the rules, we know the laws and we know the Cancun and Playa del Carmen areas.
CANCUN REAL ESTATE COMPANY . . .the safe, secure way to buy real estate in Mexico.
CANCUN REAL ESTATE COMPANY . . . The Most Trusted Name in Real Estate
CONTACT US and we will help you find the right property - and the mortgage financing plan that works for you.
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Beachfront Condos For Sale
Beachfront condos for sale are always in high demand. We love living by
the beach, and little is more beautiful than seeing the ocean
from your own home. But as we know, beachfront condos for sale can be
expensive in the United States. Fortunately, the same is
not as true in Cancun, Puerto Morelos, Playa del Carmen and other areas of Mexico. And unbeknownst to many, these communities
are very much a mix of Americans and Mexicans.
At CANCUN REAL ESTATE COMPANY we are one of the leading real estate firms for beachfront condos for sale in the Mexican
Caribbean. As American prices become prohibitively expensive for many,
the Mexican coastline has quickly turned into one of the
hottest markets in the world for beachfront condos for sale. The
setting is second to none in raw beauty, every conceivable amenity
is available, and prices are reasonable.
Purchasing beachfront condos for sale in Mexico has all the advantages
as it would in the United States. Also, the method by which
they are purchased is almost identical. Many people labor under the misconception that foreigners are barred from purchasing
beachfront condos for sale in Mexico. It's not true, and at CANCUN REAL ESTATE COMPANY, we can show you how easy and
inexpensive it can be.
Imagine fulfilling your lifelong dream of living by the beach. It
doesn't have to be a dream. With several financing options available,
let
the team at Cancun Real Estate Company show you how. Call us today.
TRUST" PURCHASING RESIDENCES IN MEXICO
By Mitch Creekmore
After 5 years of work in Mexico insuring real estate properties to
foreign purchasers, there are alwavs varying questions asked
relevant to residential acquisitions. "if 1 buy a house in Mexico,
don't 1 get a 99 year lease from the goverment?" Or, "I understand
that 1 can buy a residence in Mexico if the title is vested in a
Mexican corporation". And invariabiy, "l didn't think Americans could
own Mexican beach front properties". All of these suppositions are
incorrect. In order to clear any confusion a purchaser might
have regarding the acquisition of Mexican residential property,
¡t would be appropriate to define what Mexico's Constitution and
the
Foreign Investment Law of Mexico mandates regarding foreign (non-Mexican) buyers of real estate.
Most purchasers contemplating buying a house in Mexico are aware that
Mexico has a "restricted zone" (50 kilometers along all of
Mexico's coastline, 100 kilometers along all of Mexico's borders) per
Article 27 of the Mexican Constitution. What many purchasers
are not aware of is the Foreign Investment Law of Mexico ("FIL") originally established in 1971, amended to the "New FIL" in
December 1993, and ultimately amended again in October 1998. This FIL is known as the "Reglamento de la Ley Inversion
Extranjera y del Registro Nacional de Inversiones Extranjeras".
Relative to properties within this prohibited area, the amended
Foreign Investment Law's intent is to clearly and narrowly define what is residential property, what properties must be in a
"fideicomiso" (Mexican bank trust), and what properties are considered non-residential and therefore can be purchased by
foreigners in a Mexican corporation.
For the purpose of the terms set forth in Article 5, Title Two of the
Law, real estate used for " residential purposes" shall mean any
real estate destined "exclusively for residential use of the owner or
third parties". The following activities, without limitation, shall
be deemed real estate held for nonresidential purposes: (I) those
destined for time-share use; (II) those destined for any industrial,
commercial or tourism activity that may simultancously contain a residential component; (III) real estate acquired by credit
institutions, financiar intermediaries, and auxiliary credit
organizations to recover debts owed to them and in the ordinary course
of
business; (IV) real estate used by entities in the course of their business consistent with sale, development, construction,
sub-division and other activities included in the development of real
estate projects, until these are sold to third parties; and (V)
generally, real estate destined for use in commercial, industrial,
agricultural, cattle, fishing, forestry, or service-related activities.
When in doubt whether real estate is deemed destined for residential
purposes, the Ministry of Foreign relations shall resolve the
matter in ten business days from the date the party consults the
Ministry on the subject. lf at the end of ten business days, the
Ministry fails to respond, the use in question shall be deemed for
non-residential purposes. Further, Articie 6 of Title Two specifies
that when in doubt on whether real property is located within or
outside the restricted zone, the Ministry of Foreign Relations, on
consultation with the National Institute of Statistics, Geography and
Data Processing, shall decide as appropriate. And lastly, Articie
7 of Title Two provides the notification procedure which interested
parties must give to the Ministry of Foreign Relations. That is (I)
the location and description of the real estate; (II) a clear and
accurate description of the uses to which the real estate in question
is
destined; and (III) an ordinary copy, in annex, of the public
instrument, known as an "escritura", that records the formalization of
the
acquisition.
When one condenses and "boils down" all of the language and definitions
of law, coupled with the resulting legal effect that must
be understood, what does a foreign purchaser really glean from this
information? Simply, that Mexico's Constitution and Foreign
Investment Law are very specific regarding foreign acquisition of real estate, and particularly in the restricted zone. most
importantly, you as foreign buyers of Mexican properties must realize
that title to real estate in the prohibited zone can only be
vested one of two ways for your benefit: either in a 50 year renewable Mexican bank trust (fideicomiso); or, in a Mexican
corporation that can solely and exclusively be owned by one or more
foreign stockholders with no Mexican ownership participation.
Make no mistake buying public. There is no gray area concerning
Mexico's constitucional or foreign investment law. The title to
houses on the beach, villas , condominiums, towmhouses or single family
lots within Mexico´s restricted zone can only be
conveyed onto a fideicomiso with foreigners having renewable beneficiary interest.
The assertion by some purchasers that title to residential real esttae
can be vested in a Mexican corporation for foreign ownership
purposes is simply not correct.However, all other real esttae ,
non-residential in nature, can be conveyed to foreigners in fee simple
provided the title is in a Mexican corporation where'by foreigners can
have exclusiva ownership. And one final, salient point.
Whether title is vested in a fideicomiso or a Mexican Corporation , in
either case, all of these properties can be insured by a US
contract of indemnity more commonly known as a title policy.There are
few US title companies that can provide Qwner´s and
Lender policies for guaranteeing ownership rights in these Mexican entities.
Mitch Creekmore is with STEWART TITLE GUARANTY COMPANY
CANCUN REAL ESTATE COMPANY
Playa del Carmen office address: Avenida 10 between 12th and 14th
Streets, local #3 (next to Ideas, across from the papeleria). Municipio
Solidaridad, Quintana Roo Mexico CP. 77710,
We are your Cancun real estate partners.
http://www.cancunbuyerbroker .com/
They are your local experts on theCancun real estate market.Visit our site to find the home you've been waiting for.
We are your Playa del Carmen real estate partners.
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They are your local experts on thePlaya del Carmen real estate
market.Visit our site to find the home you've been waiting for.
Nobody knows Cancun real estate better!
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Cancun is one of the most beautiful places in Mexico.We can help you
get the best deal on your next Cancun real estate purchase.
We know Playa del Carmen real estate like the back of our hand
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We are your #1 real estate agents in Playa del Carmen .Call today and together we'll find the home of your dreams.
We represent the finestPlaya del Carmen real estate
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Playa del Carmen , Mexico is one of the most beautiful places on Earth.
Let us help you buy or sell your Playa del Carmen home.
Looking for Cancun real estate?We can help.
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We can help you find theCancun homes and condos of your dreams.Call us today.
Get the latest Playa del Carmen real estate listings
http://www.playadelcarmen-realestate.com/ If
you want to buy property in Playa del Carmen, Mexico then we are your
best investment.Find out why by calling or emailing us.
Cancun Oceanfront Condos
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Beachfront condos for sale in Cancun, Mexico.Cancun is a tropical
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on the ocean. Luxury real estate at reasonable prices.
Let's get together and talk about your home buying and/or selling plans.
Call us toll free :1-866-587-2481 or in Playa del Carmen at
011-52-998-8840434 or send us an e-mail , we'll set-up a time that is
easy and convenient for you to meet.
for information and assitance contact:
Ricardo Barraza & Asociados
CANCUN - RIVIERA MAYA - COZUMEL - COSTA MAYA
REAL ESTATE MASTER BROKERS
Playa del Carmen office address: Avenida 10 between 12th and 14th
Streets, local #3 (next to Ideas, across from the papeleria). Municipio
Solidaridad, Quintana Roo Mexico CP.
011-52-998-8840434
e-mail: information@ricardobarraza.com
http://www.ricardobarraza.com
http://www.cancunbuyerbroker.com
http://www.playadelcarmenbuyerbroker.com
Not only are we acutely focused on Customer Satisfaction ,we guarantee it in writing. We encourage you to review our Buyer Services Guarantee
RB & Associates assigns the Legal Team from Mancera Ernst & Young® Legal and Tax advisors to asist all our clients during their real estate purchases.
We provide free legal advice to all of our clients from a licensed attorney to ensure the security of their investment. We provide the presence of a licensed attorney at every closing¹. ¹ a licensed attorney provided by Ricardo Barraza & Associates - DRM (REALTY-ALLIANCE) is mandatory at all closings in order to protect and oversee both our client and ourselves.
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Real estate broker specializing in the mexican
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A showcase of some of the finest properties available
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Multiple listing service for the entire Mayan Riviera
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Searchable database of properties and directory of brokers throughout the
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