Playadelcarmenbeachpropertybroker.com by Inmobiliaria Mexicana Cancun Real Estate by Inmobiliaria Mexicana Realty Cancun

PLAYADELCARMENBEACHPROPERTYBROKER.COM by Inmobiliaria Mexicana

The Real Estate Source for Cancun, Playa del Carmen and the Riviera Maya.
Real Estate Brokers: Cancun offers a variety of good real estate agents. Find in this section the one which suits you the best. Most of these brokerage firms employ english speaking personnel. Some real estate companies in Cancun operate under an american franchise but some of them are not very trustworthy.

For Sale by Owner: The properties in this listing are all privately owned. Find pictures, descriptions and contact

Related Services: Here you will find helpful services such as those of lawyers, notaries, construction companies, interior designers, landscapers and everything else to make your life as home owner easy
Real Estate Brokers: Cancun offers a variety of good real estate agents. Find in this section the one which suits you the best. Most of these brokerage firms employ english speaking personnel. Some real estate companies in Cancun operate under an american franchise.

For Sale by Owner: The properties in this listing are all privately owned. Find pictures, descriptions and contact information.
Investor Relations: Cancun, Playa del Carmen and the Riviera Maya are the fastest growing markets in Mexico and the Caribbean. Check out the impressive demographics and future growth prognosis.
Related Services: Here you will find helpful services such as those of lawyers, notaries, construction companies, interior designers, landscapers and everything else to make your life as home owner easy.
Legal Information: Learn about the legal requirements and procedures for foreigners to own real estate in Mexico.

Call toll free 1-866-587-2481

MLS Property Search

Legal Information The constitution of Mexico prohibits foreigners from owning property within 50 kilometers of the beach (about 33 miles) or within 100 kilometers of the border (about 66 miles). These are referred to as "the restricted zones." After Mexico’s experience with the land that became Texas, California, Arizona, and New Mexico, you can appreciate that Mexicans are a little sensitive about Gringos acquiring any more of their country. Outside the restricted zones, foreigners may directly own rural or urban land.

Because the "restricted zones" discouraged foreign investment and economic development, Mexico developed a system in 1973 to circumvent the constitutional prohibition. The banktrust mechanism allows foreigners to exercise complete and legal control over personal residential property in the restricted zones while complying fully with Mexico's investment laws.

The bank trust (or fidiecomiso) permits foreigners to purchase coastal and border properties through a trust deed. The Trust Deed (fidiecomiso) is established through a Mexican bank assuring foreign buyers of all rights and privileges of ownership. The sole purpose of the bank is to manage the property for the benefit of the owner of the trust. It’s a lot like putting U.S. assets into a trust set up through a U.S. bank. The trust holds the property and administers those assets on behalf of the beneficiary. Under the fidiecomiso system, the Mexican bank (via the trust) holds title to the property in a restricted zone. The trust is administered according to the directions given by the beneficiary...the American "owner." In effect, then, the American owner controls the trust and (therefore) the property. As in the U.S., the beneficiary of the trust may transfer or assign his/her interest in the trust to any person or entity and keep the profits from the sale. (Of course, all applicable Mexican taxes must be paid at time of sale.) Property held under a trust can be passed on to future generations and the person to which the bequest is made is not burdened with an inheritance tax.

Under Mexican law, property held by a fidiecomiso cannot be seized to satisfy a judgment against the bank. Therefore, even if the Mexican bank gets into financial trouble, the ownership rights of the foreign "owner" are protected. As of 1994, the Foreign Investment Law allows trust deeds to be established for a term of 50 years and are renewable indefinitely in 50 year increments. This process protects the rights of foreigners and makes sure that the transaction is legal and unencumbered. Fideicomisos are the only safe vehicle for you to own personal residential property in Mexico. They are government sanctioned and offer strong protection.

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FORECASTS

We are modifying our expectations for economic growth from 0.8% to 0.2% for this year due to:

The recent events in the United States, which have led us to revise down our estimates for growth in the international scenario:
We have revised down U.S. GDP growth from 1.5% to 1.0% for the year 2001;.
We are modifying the annual average oil price for this year from US$ 19.5 a barrel to US$ 20.04.
These assumptions have direct implications on our estimate for the trade balance. On the one hand, we are revising the annual growth of manufacturing exports from 1.3% to 0.9%. However, this effect is offset by a change in the Mexican oil mix premise price. The trade deficit is revised down from US$ 10.2 billion to US$ 10.0 billion.

Adjustments in the scenario for the domestic economy:
This deterioration in the international situation and its impact on the foreign sector affect domestic growth expectations and therefore investment decisions. We estimate that gross fixed capital formation for this year will fall by 2.1%, as against the 1.8% drop we had previously estimated.

While private consumption has remained strong during the first half of the year, we estimate that it will lose pace during the second half and will grow by 1.9%, as against the 5.1% registered for the first quarter; the 0.4% decline in retail sales during July already anticipated this trend. For the year, our estimate for private consumption growth is 3.9%.

The changes in our forecasts are also due to revising the methodologies that we are now using for our estimates.
For next year, given the negative inertia of the present year and the lower-than-estimated growth in the U.S. economy (revised down from 2.4% to 1.1%), we are expecting lower GDP growth than the 3.7% we previously estimated.

MEXICO BUYER’S CHECKLIST

Obtain the advice and services of a U.S or Mexican attorney, a registered Mexican real estate agent, a title insurance company and/or an appraiser.
Understand and follow the Mexican law concerning real estate purchases.
Obtain a property disclosure statement from the seller, as available.
Obtain a copy of existing public deed (escritura pública) complete with recording information and a current copy of the lien certificate (certificado de libertad de gravámen).
Request a copy of any existing commitment for title insurance on the subject property. Obtain a current commitment for title insurance on your specific property.
When dealing with residential developments advertised in the United States, obtain a public report from that state. For example, in Arizona, obtain an Arizona Public Report.
Obtain a copy of applicable Mexican state/municipal development authorizations.
Obtain a copy of any Covenants, Conditions, or Restrictions for the property and any homeowners’ association bylaws, budget, and financial statements.
Analyze all risks associated with purchasing property where any infrastructure, building or other improvements have not been fully completed.
Analyze all risks associated with seller financing.
Estimate closing costs associated with your purchase.
Complete due diligence, including investigations of title and value, prior to committing to purchase, or make purchase contract contingent on those investigations.
Enter into a written purchase contract (in Spanish and English) that defines the details and contingencies of the agreement with the seller.
Place all deposits in a neutral, third party escrow account, pursuant to a fully executed escrow agreement.
Obtain title through a Mexican Notary Public, and title insurance, at the time of full payment.
Ensure proper recording of the title transfer with all applicable municipal and federal registries at time of title transfer.

Playa Del Carmen Land

Playa del Carmen, a seaside city near the resort area of Cancun, has long been known as a much more relaxed and sedate version of its massive sister city. While this may be true to a certain extent, growth has nonetheless been explosive in Playa del Carmen recently. The growth has occurred in two phases, both in the development of expensive housing and the tourist infrastructure, and in the building of neighborhoods to support the Mexican workers entering the city.

A key factor concerning the development of Playa del Carmen and the value of Playa del Carmen land is the strict building codes that are enforced. The city has made a conscious decision to avoid the giant developments of Cancun. Residential condos and hotels may not exceed certain height and size restrictions.

This has laudably preserved much of Playa del Carmen's character and many fine views. However, what cannot be built up must be built horizontally. Essentially, land is at a relative premium in Playa del Carmen because the population density is maintained at a low level.

For investment purposes, there are some attractive deals on land in the area known as the Ejido, which lies on the landward side of the highway, and is home to the neighborhoods where laborers build their homes. On the seaward side of the highway, there is land that is more appropriate for building a modern home or condo but it is expensive and in scarce supply. Whatever your needs are in Playa del Carmen, Realty Executives Mexican Caribbean can help you meet them.

Playa del Carmen Luxury Condos by Inmobiliaria Mexicana is a recognized industry leader in the sales of luxury properties of Mexico’s most distinguished residential neighborhoods. Specializing in Cancun, Playa del Carmen, Mayakoba,The Mayan Riviera and the Cabo Area, Inmobiliaria Mexicana's expertise is providing its clients with all the information and facilities needed to invest in Mexico Real Estate. Inmobiliaria Mexicana's number-one priority is assisting all the needs of its clients.

Playa del Carmen Real Estate - Playa del Carmen properties

Take advantage of Latin America's fastest growing tourist destination. Playa del Carmen is the fastest growing city in Latin America. In a few years Playa as it is called by locals has become a cosmopolitan Mecca for tourists from Europe, South America, Canada and the United States.

The general cost of living continues to be less, the lifestyle is easier and simpler, the "small town" atmosphere and the overall beauty of Playa del Carmen is extremely alluring.

Take a look among all the following professional real estate agencies in Playa del Carmen which represent some of the best houses for rent and sale anywhere in Mexico's Riviera Maya.

Investment opportunities in Mexico

Real estate investment opportunities in Mexico have never been better, some of those in the know about real estate in general and Mexican real estate in particular, believe that Cancun and the Mayan Riviera with now the new Costa Maya ( Mahahual and Xcalak ) may currently be the best bet for real estate investment in Mexico.

Beginning in Cancun and stretches all the way to Tulum, these destinations offers a variety of real estate options for both the national and international investors. Cancun, Playa del Carmen, Playacar, Tulum and now the new Costa Maya ( Mahahual and Xcalak ) has plenty to offer for those considering a second home in the sun or perhaps early retirement!

Costa Maya Real Estate
Playa del Carmen properties

The Costa Maya is located on the south end of the Mexican Caribbean coast. On the north side it touches the Sian Ka'an biosphere reserve and on the south side it contains the Xcalak National Reef Park.

Xcalak, Quintana Roo, Mexico is a wonderfully remote area that is gaining popularity with Scuba Divers, Snorkelers, Fly Fishermen, Birders and other adventurers of the Mexican Caribbean. Xcalak is 60 kilometers south of Mahahual ( or Majahual ), the site of the new Cruise Ship Port on the Costa Maya. The trip from Cancun Airport to Xcalak is approximately a 4 hour drive.

Mahahual holds a promise for all those looking for a potential real estate investment in Mexico, don't be astonished if in ten years you hear the names Mahajual and Xcalak as the latest tourist destinations. As for now these places are all but deserted, but the blueprints have been drawn. This is the right time, don't pass up this opportunity!

Playa del Carmen write up change to “which has a championship golf course, several large all-inclusive resorts, and a beautiful upscale residential section” “Once a small fishing village, Playa del Carmen has experienced explosive growth and now has the feel of a city”, “The beach is spectacular and it is easy to see why this is the hottest spot on the Riviera Maya.”

Playa del Carmen still provides that rare combination of simplicity, a small town that can be traversed on foot, and variety, many unique hotels, restaurants, and stores. There is a comfortable feel to the town. The local architecture has adopted elements of native building - rustic clapboard walls, stucco, thatched roofs, rough-hewn wood, and a ramshackle, unplanned look to many structures that reflects the town's taste for third-world chic. Progressive architecture has appeared along 5th Avenue, particularly in the newest buildings, but it

meshes with the old to give Playa del Carmen its cosmopolitan feel. The charm of 5th Avenue will appeal to everyone!

Playa del Carmen is perfect for enjoying the simple pleasures of a seaside vacation - taking in the sun and the sea air while working your toes into the sand; cooling down with a swim in clear water; and strolling aimlessly down the beach, listening to the wash of waves, and feeling the light touch of tropical breezes. A strong European influence has made topless sunbathing a nonchalantly accepted practice anywhere there's a beach. The beach grows and shrinks, from broad and sandy to narrower with rocks, depending on the currents and wind.

From Playa del Carmen you can take a short ferry ride to Cozumel. Directly south of town is the Playacar development, a suburb, which has a golf course, several large all-inclusive resorts, and a beautiful residential section. A similar resort has been developed several miles south in Puerto Aventuras.

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