Porto Blu

Porto Blu

Available :

Phase 1

-

Ready to move in

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Property details
Prices and Availability
From: US $ 372 600
informations
Puerto Morelos, Quintana Roo, Mexico
3 units available / 9 total units
Property type: condo
1 bed unit available

Delivery date :

Ready to move in

HOA Fees :

MX $ 29 / m²

Property Description

Puerto Morelos, a natural setting between the sea and the sky. 

With a unique personality, this authentic fishing village is located a few minutes away from Cancun, in The Mexican Caribbean paradise. The laid-back, bohemian, and relaxed ambiance of Puerto Morelos, allows you to connect with the simplicity of its people. It is also an adventure destination in which wonderful natural attractions such as mangroves, cenotes, and exuberant jungles will captivate you. 

The rhythm of the world is changing and now, luxury is experienced with all the senses.


The “slow food” movement, consisting of enjoying every meal, from its preparation to slow consumption and the after-dinner talk is becoming everyone’s favorite... enjoying every second of your life is now a lifestyle. Blu Puerto Morelos Elite Condos is a concrete proposal to change the rhythm in which we inhabit this world, in order to step aside from urban life and get closer to nature and the
Mayan culture. Imagine making memorable moments out of the ordinary life, right next to your loved ones. Reading that book, listening to that one song, feeling your feet on the smooth warm sand, and living in the moment. That is... Beach Slow living.

Located in the heart of Puerto Morelos, with a unique view of the Caribbean sea, Blu Puerto Morelos Elite Condos is made up of 30 exclusive apartments within walking distance to the beach and downtown Puerto Morelos.

An innovative proposal of apartments ranging from 84m2 to 198m2, with terraces available to enjoy the privileged view of the Caribbean sea, prime amenities, and luxury finishes. The spectacular infinity pool, pool bar, parking lot for cars and bicycles, access
control, and lobby all within a tropical setting makes Blu Puerto Morelos Elite Condos a unique opportunity in the area.

Phases & Delivery

Phase 1 : Ready to move in

Amenities

Features

Controlled Access
Beachfront
Rental Management Service
Outdoor parking

Amenities

Bicycle Parking
Pool
Reception Desk/Lobby
Wet Bar
HOA Fees :
MX $ 29 / m²

Payment Plans

Option 1Option 2Option 3Option 4Option 5Option 6Option 7
At Signing30 %50 %100 %30 %50 %70 %25 %
During Construction70 %50 %----25 %
At Delivery---70 %50 %30 %50 %
Discount5 %7 %9 %3 %5 %7 %2 %

Development

Finishings

Points of Interest

Airport
Cancun International Airport (CUN)
21.9 km
Train Station
Mayan Train - Puerto Morelos
7.8 km
Bus Station
ADO Puerto Morelos
2.5 km
Hospital
Costamed Puerto Morelos
2.2 km
Public Beach
Playa Publica Puerto Morelos
0.9 km
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Frequently Asked Questions

Can a foreigner own real estate in Mexico?

Absolutely! The key distinction in the buying process is the use of a trust or fideicomiso. It is required to acquire property or land in the Restricted Zone. The restrcited zone is 100 km from the border with another country and 50km from the coastline.

What is the restricted zone?

100 km from national borders and 50 km from the coastline.

What is a Fideicomiso?

It is a trust system ownership sanctioned by the Mexican government and secured by the Central Bank of Mexico.

In very simple terms, the foreign buyer is the beneficiary of that trust.

It is 50-year perpetually renewable and transferable bank trust.

The beneficiary of the trust has ALL the rights commonly enjoyed by a Mexican owner (use, sell, lease, etc) 

It means irrevocable and absolute ownership rights to the property; the bank CANNOT sell the property without written consent of the beneficiary. The Mexican Bank Trust only holds the property title for the beneficiary but doesn't have any rights over the property.

It is important to mention that a lot of Mexican nationals go for a trust based ownership as it clearly states the beneficiaries in case of death.

Why is the use of a trust required?

In the 1917 Mexican Constitution, foreign ownership was forbidden in the Restricted zone because of Mexico's long history of land ownership dominated by foreigners (article 27). In 1973, a series of foreign investment laws were implemented as the Mexican government saw that foreign investment could have a positive impact on the economy. As a result of the relaxation of the laws on foreign investment, the trust system was created in 1993. Overall, it was much easier to create a trust system for foreign ownership than completely changing the Mexican Constitution.