How to invest in real estate in Tulum? With Onix Living
How to Invest in Real Estate in Tulum with Onix Living?
Investing in real estate in the Riviera Maya, and specifically in Tulum, is an excellent opportunity to diversify your wealth and take advantage of the growing real estate market. As a foreigner, it is possible to make these investments, as long as you follow some essential steps and rely on professionals in the sector. At Onix Living, we’re here to guide you every step of the way.
Why Invest in the Riviera Maya?
The Riviera Maya is a sought-after destination for real estate investments thanks to its expanding economy, driven by tourism and constant infrastructure development. The states of Yucatan and Quintana Roo, where Tulum is located, are known for their security and political stability, attracting international investors year after year.
The region benefits from a robust and growing infrastructure, with major projects such as new airports and the Mayan Train, promising to further increase the connectivity and attractiveness of the area. These improvements not only make it easier to access, but also increase property values.
How Can Foreigners Invest in Tulum?
For foreigners interested in investing in real estate in Mexico, there are specific legal mechanisms. One of the most important is the Calvo Clause, part of the agreement that must be signed with the Ministry of Foreign Affairs (SRE).
What is the Calvo Clause?
The Calvo Clause establishes that, in order for a foreigner to acquire real estate in Mexico, he must accept to be treated as a national with respect to said property. This implies that he renounces to invoke the protection of his government in matters related to the property acquired.
Ways to Invest in Real Estate
- Mexican Corporation: If the land or property is not intended for residential purposes, foreigners can invest through a Mexican corporation.
- Bank Trust: For residential properties located in the restricted zone (100 km from the border and 50 km from the coast), a bank trust is used. This trust allows the Mexican bank to be the title holder on behalf of the foreigner, who retains all rights of use and enjoyment.
Advantages of Having a Professional Real Estate Agent
Investing in real estate in a foreign country can be complex. Having a professional real estate agency like Onix Living offers several advantages:
- Reputation and Security: An established company with a solid reputation guarantees trust and security in your transactions. Onix Living has years of experience and won’t disappear overnight.
- Local Knowledge: Our agents, based in the Riviera Maya, have in-depth knowledge of the local market. This helps you make informed and sound decisions about your investments.
- Avoid Costly Mistakes: The experience and advice of professionals allow you to avoid common and costly mistakes, ensuring that your investment is safe and profitable.
Conclusion
Investing in real estate in Tulum and the Riviera Maya is a great way to diversify your wealth and take advantage of the opportunities of a growing market. However, as with any significant investment, it is crucial to conduct thorough research and have expert advice. At Onix Living, we’re ready to help you navigate the investment process, ensuring you make informed and confident decisions.
To learn more and explore investment opportunities in Tulum with Onix Living, visit Onix Living and start your journey to a successful and secure investment in one of Mexico’s most promising destinations.