Financiamiento Directo. Ultimas Unidades Disponibles.

Green 3 Unique Golf Villas * 2/2, Overlooking Par 3 * Open & shaded terrace * Solarium with Jacuzzi * Common areas with pool and bar * Includes 35 yr. Membership to Riviera Maya Golf Club, fully-transferable * A few left in Phase I for immediate occupancy * In the $350's USD Riviera Maya Golf Club Ranked #3 in all of Mexico and BEST of Quintana Roo * magnifico campo de golf, 18 hoyos * campo de practicas, putting green * Pro-Shop, Lessons, Rentals * Disenado por Robert Trent Jones, II * Numeros arboles, cenotes, y lagos * www.rivieramaya-golfclubs.com

Holding Title, Mexico Real Estate 101

Before you reach the closing day, you will want to make a decision as to how you will "hold title" to the property. This decision has legal, tax and estate planning ramifications. Therefore, it may be prudent to consult an attorney or certified public accountant (CPA). The following information is supplied for informational purposes and should not be relied upon as legal definitions. Buying Alone * Sole Ownership * * A single individual who has not been legally married. * An unmarried individual who was married and is now legally divorced. * A married individual who wishes to acquire title in his or her name alone. At the time of closing, the spouse of the buyer will be required to specifically disclaim or relinquish his or her right, title and interest to the property. * Living Trust A living trust is created while an individual is alive and gives the individual control of the distribution of his or her estate. The individual transfers ownership of his or her property and assets into the trust. Buying with Others * Tenancy in Common Enables each partner in the property to sell, lease or will to his/her heirs that share of the property belonging to him/her. * * Who can take title? Any number of individuals. * Ownership Division: Any number of interests, equal or unequal. * Who holds title? A separate legal title to his undivided interest is held by each co-owner. * Possession: Equal right of possession. * Joint Tenancy Property owned by multiple individuals where if one of the owners dies, the remaining owners acquire the share of the deceased owner automatically. * * Who can take title? Any number of individuals. * Ownership Division: Interests cannot be divided. * Who holds title? There is only one title to the whole property. * Possession: Equal right of possession. * Community Property Property owned equally between a husband and wife. Each must sign all agreements and documents of transfer. * * Who can take title? Only a husband and wife. * Ownership Division: Interests are equal. * Who holds title? Similar to title being in a partnership, title is held in "community." * Possession: Equal right of possession. Additional Ways to Hold Title * Corporation A corporation is a legal entity, created under state law, consisting of one or more shareholders but regarded under law as having essentially the same as those of an individual. The entity has continuous existence until it is dissolved according to legal procedures. Land owned by a corporation cannot be attached for personal debts or judgments rendered against any of its shareholders. * A Partnership A partnership is an association of two or more persons who can carry on business for profit. A partnership may hold title to real property in the name of the partnership with partners having an equal or an unequal interest in the property. * A Trust A trust is an arrangement whereby legal title to property is transferred by the grantor (or trustor) to a person called a trustee, to be held and managed by that person for the benefit of the people specified in the trust agreement, called beneficiaries.

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 $100 usd per $100,000 usd of assessed value yearly.

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.

About Our Resorts

Living in Bahia Principe Residences means you have access to a wide variety of amenities with special prices & discounts as a property owner. www.granbahiaprincipe.com Private and Public Beach Club 7 pools, 9 Jacuzzis, 3 Spas 4 Buffets, 11 Restaurants, 22 bars 3 gyms, 5 tennis courts, 1 multi-purpose court 3 kids clubs Ecological Activities 24 Hour Medical Services Shopping area Playing golf in the Mayan Rivera is an experience that goes beyond a round of Golf, an spectacle that offers those nature lovers an environment so rich and full of various species of local flowers and trees surrounded by a breathtaking view of the Mayan Riviera We take everything into account so that you can spend more time with the really important stuff - like enjoying a laid-back "beach-bum" way of life. Members of amar Asociacion Mexicana de Asistencia en el Retiro.

Bahia Principe Residences & Golf, in the heart of the Riviera Maya

About Bahia Principe Residences & Golf

IN A PLACE KNOWN FOR ITS LANDMARKS, an iconic master planned gated community has come to life in 700+acres of resorts and residences set in the heart of the Riviera Maya. Here one enjoys the benefits of spectacular "at your request," resort quality of life that can be found nowhere else in Quintana Roo. Stunning palm-lined boulevards and lush tropical jungle foliage are woven throughout the neighborho

ods, Hacienda Dona Isabel, our town center offers shopping, medical, restaurants, nightlife, and cafe's minutes away from your front door. And all accessible through the only private bridge in the Riviera Maya. Master-planned covenants, including architectural guidelines, help ensure the aesthetic integrity of our “Eco-Bahia” community now and in the future. All within a gated and guarded 24 hour high security with controlled accesses and patrols inside the development. Restaurants: Residents can choose from 7 Buffets, 12 specialty restaurants, a sport's bar, 5 water bars and 3 jacuzzi bars. Recreation: Keeping fit by implementing a daily exercise routine is not only a healthy way to live, it can also a happy one. Research shows that seniors who maintain a daily exercise routine are more productive and, in general, feel good about life. Gran Bahia Principe Resorts and Bahia Principe Residences offer traditional resort activities, including tennis, a 27 hole golf course as well as a 9 hole par 3 course at the Riviera Maya Golf Club designed by Robert Trent Jones, II, the Bahia Spa, nine swimming pools, five jacuzzi's, private beach club for residents, beach activities on land and sea and local tours. Day Pass to Resorts Luxury living on land and sea. 5 Star amenities and world class recreation for all ages. A resident owners card is issued and allows for discounts that vary from 15% - 50% on a day pass for them or their guests giving allowing entrance into the resort facilities, restaurants, bars, live music and nightly shows, sports and acuatic activities, and the Riviera Maya Golf Club. Transportation, Tours and Transfers: Through our Property Owner "hot line" we make it easy to get around the resort and residences as well as airport transfers. Our Internal transportation makes it easy to get around with little to no driving, by the use of hotel trains system that makes at least 3 stops inside the residential neighborhoods, the lobby Sian Ka'an, and the clubhouse and the roundabout front of the developments, in high season, the number of stops are increased and hours extended according to the completed developments and occupancy of our residential communities. All stops are published in the service directory. Airport -Bahia Principe Residences-Airport should the resident require it is available and handled via the on-site reservation service. Accessibility: The Gran Bahia Principe Resorts and Residences offers accessible rooms. Public areas are wheelchair accessible, and all areas of the complex are linked by wide, paved pathways. Local Attractions: Nearby attractions include Xel-H á, Xcaret Eco-Park, the Mayan ruins at Tulúm and the Sian Ka'an Biosphere Reserve (a UNESCO World Heritage Site). You can take a 30-minute ferry to the island of Cozumel for swimming and snorkeling. Shopping and nightlife are moments away in Playa del Carmen. Chichen Itza is only an hour and a half and Merida, Yucatan a short two and a half hour drive.

Will I own title to the land?

Yes! The title to your land will be held on your behalf by the Fideicomiso bank trust as required by Mexican law. A Fideicomiso is established by the government and gives foreigners the same rights of ownership as Mexican citizens. The only difference is that they never receive the actual fee simple title. A bank holds it in trust for them. The Trust system of ownership is sanctioned by the Mexican government, provided for under the Mexican Constitution, and secured by the Central Bank of Mexico, all exclusively for the purpose and protection of enabling foreign ownership of coastal property in Mexico.

About Scorpions...

Scorpions are very territorial, like ants, and you may run a across them in and around new properties built on or near recent unimproved land. If that is the case, you may always have them. But from what I've heard an older, well established home may seldom have them, as generations pass since it's first being built. But there is a chance that a few scorpions may be delivered with the bricks upon new construction or remodeling. Since they aren't 'at home' they are easily dealt with; just step on one, if you see it. Since I first arrived, I've only seen one scorpion and a few centipedes that I was shocked to see, I thought they only existed in that 80's video game - lol anyway, I had a friend step on it as it walked the sidewalk nearby, and I ran screaming across the street.

Can foreigners really own property in Mexico?

Yes! 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.

Retirees Flock South of the Border for Savings - ABC News

Retirees Flock South of the Border for Savings - ABC News

Quetzal Condos Riviera Maya Mexico

The Best Retirement Place in the Riviera Maya! Gran Bahia Principe Resorts, Bahia Principe Residences and Golf weaves together the vision of what a modern, mixed-use urban living can be with an array of modern architectural styles, and prices, all of which are enhanced by the 27-Hole Championship Robert Trent Jones, II golf course; designed around his love of nature, every round is sure to make an impression on your soul; whether you're playing the game, or simply walking it's trails. All the while never really knowing which member of the community will sneak up to greet you, it could be the raccoon like, Quoti, Iguana, colorful exotic bird and sometimes deer but it's something that will make you smile every time. Here one enjoys the benefits of spectacular "at your request," 5-Star resort quality of life that can be found nowhere else in Quintana Roo. You'll discover how the experience of a lifetime can be turned into a lifetime experience. Luxury living on land and sea among 5-Star amenities, a rich history and affordable Cost of Living. Sunny warm climate and low maintenance awaits.

In The News... “Most tourist-popular areas, such as Mexico City and the resorts of the Riviera Maya, are considered safe for travelers. (In fact, statistics show that these regions saw even less crime in 2010, per capita, than Orlando and Washington, D.C.)”msnbc.com, To Go or Not to Go

About Grupo Pinero For over 35 years, through our sister companies SOLTOUR, Pinero Hoteles, Bahia Principe Resorts and now Bahia Prinicipe Residences & Golf, Don Pablo Pinero has built his reputation in only the most sought after areas. By creating resorts worldwide in the most desirable areas; Spain, Dominic Republic, the Riviera Maya and Jamaica we help safeguard your investment, year after year.

IN A PLACE KNOWN FOR ITS LANDMARKS, an iconic master planned gated community has come to life in 700+acres of resorts and residences set in the heart of the Riviera Maya. Bahia Principe Resorts, Residences and Golf weaves together the vision of what a modern, mixed-use urban living can be with an array of modern architectural styles, and prices, all of which are enhanced by lakes, trails, and common jungle landscaping. It's a place the whole family will enjoy year after year!