Tulum Properties for Sale
Tulum, a picturesque town situated in the Mexican Riviera Maya, has been attracting a lot of attention in recent times as a prime location for real estate investment. This Mexican town on the Caribbean sea boasts stunning beaches, historical Mayan ruins, eco-friendly architecture, and an ever-expanding community of people from around the world make it a desirable destination for vacationers, permanent residents, and retirees looking for a serene lifestyle.
But buying a property in a foreign country can be a complex process, especially if you're unfamiliar with the local market and regulations. In this article, we'll provide you with a comprehensive guide to buying Tulum real estate, so you can find a dream property and make a successful investment. We'll discuss the key factors to consider when looking for a tulum property for sale, and how to find the perfect investment property. We'll also provide weekly actualized listings section and answer some of the most common questions about buying Tulum real estate.
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Get in Touch with a Tulum Real Estate Expert
Start your property search with confidence. Our team is here to answer your questions, share market insights, and help you find the perfect home or investment opportunity in Tulum.
How to Find the Perfect Tulum Property:
When starting your Tulum real estate search, it's important to consider the location and the potential growth of the area. The Aldea Zama neighborhood, for example, is an exclusive community popular among ex-pats for vacation rentals, thanks to its paved roads, security, and convenient proximity to the beach and downtown. This area features a variety of tulum homes and luxury condos for sale and some of the most upscale gated communities such as Lum Zama, Los Santos and Tulum 101.
Other areas that are becoming increasingly popular are: La Veleta, Holistika, Region 15, Region 8, and the up-and-coming Selva Zama. These neighborhoods offer different price ranges, from new construction condos with luxury finishes to homes for sale and land lots. Due to ongoing developments, these areas are predicted to experience a significant growth in the upcoming years, which can offer a great investment opportunity for those seeking for capital appreciation.
When searching for Tulum real estate, it's also important to consider the property type and layouts. Currently, homes with private pool and three or more bedrooms that can accommodate large groups are in high rental demand. Condo developments offering lock off units are proving to be a great way to maximize occupancy.
Also, the construction of new developments with amenities, build within an open living concept, are a popular choice for vacation rentals. If you're looking to buy the perfect property, it's vital to work with a professional local agent who has the knowledge of all the new listings and the experience to guide you through the process. Our team of advisors can assist you to compare projects and help you find the property that best fits your needs and budget.
Get in Contact With a Tulum Real Estate Agent
Schedule a call with our team of advisors. We specialize in selecting properties that generate 10% to 20% net ROI per year and solid capital appreciation.
Our real estate experts have access to exclusive listings and a network made of the best property managers, lawyers, architects, and developers in Tulum.
We have been investing in the Riviera Maya for over 5 years and have developed a safe and easy method that will help you get started with ease.
Want to own a vacation rental property?
Tulum is the fastest-growing destination in Quintana Roo. In 2021 surpassed the rental occupancy of giants such as Cancun and Playa del Carmen. Its fast-developing infrastructure makes it a unique investment opportunity.
We are here to represent your interests, we help you find properties that secure excellent capital appreciation.
Central Park Lagunas | 4 Bedrooms Penthouse for sale Turn-key
Fully furnished 4BR penthouse at Central Park Lagunas with private pool, rooftop, and award-winning eco-luxury amenities in the heart of Tulum.
Tulum Real Estate Market Overview
Tulum is quickly evolving into a thriving city with an expanding range of services for both residents and visitors. In addition to the city's picturesque jungle beauty and rich cultural heritage, it's also home to a diverse selection of restaurants, coffee shops, and wellness centers that cater to various tastes and lifestyles. As Tulum continues to grow, commercial real estate is becoming increasingly sought after, as many businesses and entrepreneurs recognize the city's potential and unique offerings.
The creation of the Tulum Airport and the Mayan Train, currently under construction, are two major infrastructure projects that will significantly improve the connectivity of the city with the rest of the region. With the new transportation options in place, Tulum is expected to attract thousands of visitors daily, resulting in an unstoppable demand for rental properties and an increase in the prices of the real estate market. As a result, investors and property buyers have right now a unique opportunity to capitalize on Tulum's growth and secure a profitable investment in one of the most popular destinations in the world.
Tulum is on a unique and exciting time to invest, whether you're looking for a vacation rental property or to live just steps from the beach, Tulum real estate is sure to meet your needs. Take a look at our selection of properties, in each listing you will find all the information about the project, if you have any questions don't hesitate and contact a professional real estate agent today to start your search for your dream home in Tulum, Mexico.
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Frequently Asked Questions
Find answers to the most common questions about our properties, services, and buying process. If you need more help, feel free to reach out to us
Yes. Foreigners can own property in Tulum via a “fideicomiso”: a trust with a Mexican bank facilitated by a notary. The bank acts as a trustee and follows instructions from the property owner. Via this arrangement, foreigners can have all rights to use, occupy, lease, build, improve, and sell their property. On average, it takes 60 to 90 days to complete a property purchase. Tulum Land & Property works closely with a trusted team of lawyers and notaries who ensure that all legal processes proceed smoothly.Another way of owning property in Tulum is by creating a Mexican corporation. This is recommended when investors plan to own several properties.
Most pre-construction properties require a refundable deposit of $5,000 USD to secure the unit. Our properties are in high demand so this deposit secures the unit while contracts are drafted. Typically buyers make a down payment of 30% but larger down payments lead to larger discounts. The rest of the payments are made according to negotiable payment plans spreading the cost over the construction time, allowing investors to enjoy better liquidity before delivery.
Tulum real estate agents estimate the average annual ROI to be between 8% and 15%. This depends upon location, amenities, rental rates and design. Our team of experts at Tulum Land & Property exclusively selects properties that typically generate 10% to 20% ROI per year.
For foreigners investing in Mexico, the best way to obtain finance is to do so at home. In the US, you may take a Home Equity Loan or Home Equity Line of Credit (click here). Buyers are able to repay their monthly loan payments with rental income from their vacation rental. During the high season in Tulum, a two-bedroom apartment can rent for up to $500 USD per night and villas can command over $1,000 USD per night. Financing in Mexico is typically 8%-9% plus fees and involves a lengthy process.
Closing costs are typically 7% of the property value. This includes the acquisition tax, recordation fee, certificate of no liens, municipal appraisal, legal and closing fees, and public notary fees. The yearly property tax in Mexico is typically 0.1% of the property value. HOA fees typically start from $2.5 USD per square meter per month depending on the amenities included. The cost of furniture and appliances must also be considered in your budget. Our team of experts can help you understand these costs, schedule a call with us to get started (click here).
To ensure a property has a clear title, conduct a title search through a reputable notary or legal professional. This process verifies that the seller has legal ownership and that there are no liens or encumbrances on the property. Working with experienced local professionals can help navigate this process.
Tulum is safe. Recent data shows that the crime index is in fact lower in Tulum than in major cities of the United States, such as Miami (see here). Occasional violent incidents usually do not involve foreigners and tourists, but are rather restricted to disputes between cartels. As for every destination prized by tourists, the usual precautions do apply in Tulum when it comes to irregular activities and behaviour. Many tips are available on forums for first-time travellers to Mexico on how to avoid scams and theft (example here).
Many of the condos and villas sold in Tulum come with amenities, depending on the location. Usual amenities include: pool, spa, rooftop, fitness and yoga centre, co-working space, etc.
Still have questions?
Schedule a call with our team of investment analysts to get the answers you need and make informed decisions.