Punta Paraíso

Punta Paraíso

Available :

Phase 1

-

Ready to move in

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Property details
Prices and Availability
From: MX $ 15 917 488.92
informations
Paamul, Quintana Roo, Mexico
35 lots available / 34 total lots
Property type: land

Delivery date :

Ready to move in

HOA Fees :

US $ 150 / month

Property Description

**UP TO 5  YEARS WITH AN INTEREST OF 10% ANNUALLY ON UNPAID BALANCES**

Exclusive & unique residential project on the ocean only 10 minutes south of Playa del Carmen. Besides its many amenities it also includes two large lakes plus a beach club and a club house at the main lake.

This new gated development will offer you and your family the privacy and tranquility you seek next to the Caribbean Sea and close to all the services and commodities of the nearby cities.

This unique project is planned with 2 big lakes which allow water sports and other activities for the whole family.

There will be several beach areas and amenities around the lakes giving a unique experience to its residents.

Our development was planned to offer a unique product in the Riviera Maya for all kinds of different lifestyles in a prime location.
Our project offers you four different options: residential, residential lake, residential plus and condominiums.

Every zone offers lots with different characteristics starting at 3,230 sf. Depending on zone and location the lots have different views from green areas to lake and ocean views.

The whole project is connected with a ‘Lake Walk’ which gives you easy access to all the amenities and the club house or just enjoy a sunset walk around the lake.

 

Phases & Delivery

Phase 1 : Ready to move in

Amenities

Features

Security Cameras
Closing in pesos
Payment Plans Available
Outdoor parking

Amenities

Beachclub
Bicycles
Dog Park
Gym
Kids Club
Paddle Court
Restaurant
HOA Fees :
US $ 150 / month

Payment Plans

Option 1Option 2
At Signing90 %30 %
During Construction-60 %
At Delivery10 %10 %

Development

Points of Interest

Airport
Cozumel International Airport (CZM)
27.4 km
Train Station
Mayan Train - Playa del Carmen
19.3 km
Bus Station
ADO Playa del Carmen
11.7 km
Hospital
Hospiten Playa del Carmen
15.0 km
Public Beach
Playa Paamul
0.5 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.