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Old 09-22-2014   #1 (permalink)
añejo
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Join Date: Apr 2004
Location: Playa del Carmen, QR, MX
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Talking Your Own Home on the Riviera Maya for Under 100K!!

Dreaming about buying a place of your own in Playa del Carmen? Think you can't possibly afford it? Take a look at what you can get in Playa del Carmen and along the Riviera Maya for UNDER 100K.

Will you be beachfront? Likely not but I think you might be surprised about what you CAN get!

Riviera Maya Properties for Sale Under 100K

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Old 09-28-2014   #2 (permalink)
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has the law about foreigners not owning real estate near the coast been changed yet?
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Old 09-28-2014   #3 (permalink)
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Quote:
Originally Posted by katzgar View Post
has the law about foreigners not owning real estate near the coast been changed yet?
All real estate owned by foreigners within the restricted zone is held in a bank trust called a fideicomiso. A fideicomiso is a 50-year perpetually renewable and transferable Bank Trust through which foreigners acquire irrevocable and absolute ownership rights to property in Mexico. This is the legal equivalent for fee-simple ownership and is provided specifically for non-nationals to own coastal and border property. The bank holds the legal title to the property, with all rights and privileges of ownership, including exclusive use and enjoyment, held by the Trust beneficiary—you.

You retain the use and control of the property and make all decisions concerning the property. You have the same "bundle of rights" as owning property with fee simple title. You have the right to use and enjoy, lease, improve, mortgage, sell, inherit and will the property to your heirs.
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Old 12-23-2014   #4 (permalink)
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Michelle,
Please check the message on your site. We'll be there in Feb!
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Old 12-23-2014   #5 (permalink)
añejo
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Quote:
Originally Posted by Halitosis View Post
Michelle,
Please check the message on your site. We'll be there in Feb!
Hi there!! happy Holidays!

Do me a favor...we get hundreds of messages off the sites every week. Send Rob a quick note directly at rob@buyplaya.com so that he will know it is you and responds personally!
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