Nook Tulum

Nook Tulum

Available :

Phase 1

-

Ready to move in

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Property details
Prices and Availability
From: US $ 198 220
informations
Tulum, Quintana Roo, Mexico
4 units available / 7 total units
Property type: condo
1 & 2 bed units available

Delivery date :

Ready to move in

HOA Fees :

US $ 2.5 / m²

Property Description

NOOK TULUM IS DESIGNED TO OFFER JUST 72 FUNCTIONAL APARTMENTS OF VARYING SIZES, WITHIN A 7,500-M2 DENSELY VEGETATED AREA WITH A SWIMMING POOL, SPA, GYM, RESTAURANT, GARDENS AND MUCH MORE: PERFECT PLACES FOR EXPERIENCING THE MAGIC OF TULUM.

NOOK IS A CONTEMPORARY MINIMALIST REAL ESTATE DEVELOPMENT, WITH FAIR-FACED CONCRETE SURFACES AND EXOTIC WOODS THAT BLEND IN WITH THE NATURAL SURROUNDINGS TO CREATE A WARM, RELAXED AMBIANCE. THEY COME IN ONE- AND TWO-BEDROOM VERSIONS, WITH A LOCK-OFF IN ORDER TO FACILITATE RENTAL.

SIZES RANGE FROM 48 M2 TO 115 M2, AND ALL THE APARTMENTS HAVE GENEROUS CEILING HEIGHTS OF UP TO 6 M. AND TERRACES WHOSE SIZES RANGE FROM 8 M2 TO 37 M2 THAT OVERLOOKING THE GARDENS, FROM WHICH NATURAL LIGHT CAN FILTER INTO THE INNER SPACES. THE PROPERTIES ARE HANDED OVER TO THE BUYER FULLY FURNISHED AND COMPLETELY FINISHED AND EQUIPPED - I.E. READY FOR OCCUPATION OR RENTAL.

Phases & Delivery

Phase 1 : Ready to move in

Amenities

Features

Security Cameras
Internet
Furnished & Equipped
Pluvial Water System

Amenities

Bar
Concierge
Gym
Jacuzzi
Pool
Reception Desk/Lobby
Restaurant
Spa
HOA Fees :
US $ 2.5 / m²

Points of Interest

Airport
Aeropuerto Internacional de Tulum Felipe Carrillo Puerto (TQO)
21.3 km
Train Station
Mayan Train - Tulum
7.9 km
Bus Station
ADO Tulum
15.9 km
Hospital
Hospital Comunitario de Tulum
3.9 km
Public Beach
Playa Publica Roca
1.2 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.