Centro Internacional de Convenciones de Cancún
Blvd. Kukulkan KM 9 Piso 1 Oficina: 01
Zona Hotelera CP 77500
Cancun, Quintana Roo, México
Villa Picasso
Luxury Collection
Villa Picasso
In Tulum
Luxury Collection
Villa Picasso
In Tulum
Showroom
Property details
Prices and Availability
US $ 1 500 000
Region 15, Tulum, Quintana Roo, Mexico
1 unit available / 1 total unit
Property type: villa
4 bed unit available
Delivery date :
Ready to move in
Property Description
Villa Picasso - Lifestyle
Imagine...
From inside your car you go through the private security gates that silently slide open... then solidly click shut once you pull into the massive driveway with its eight-car parking. You continue on for another 25 meters of driveway.Follow the lights facing several 2.2 meter high majestic Roman columns guide you to the entrance of your final destination : Villa Picasso. Take a breath an admire the beauty of Villa Picasso with its stunning rock and Versace design. No you’re not in Italy, you’re not in an oasis, you are in the jungle of tulum in Mexico Your own personal slice of tropical paradise awaits, as original, artistic and provocative as the great artist who inspired its name. The fun (and conversation) starts in the driveway itself. This outdoor work of art focuses on making relaxation and renewal of body, mind, and spirit enjoyable and elegant.
Phases & Delivery
Phase 1 : Ready to move in
Amenities
Features
Controlled Access
Gated Community
Lock Off Units Available
Outdoor parking
Security
Security Cameras
Washer/Dryer Outlets
Appliances
Internet
LED Lightning
Mural Air Conditioning
Luxury
Amenities
BBQ Area
Garden
Gym
Hammock
Pool
Yoga Lounge
Terrace
HOA Fees :
See Unit
Payment Plans
| Option 1 | Option 2 | |
|---|---|---|
| At Signing | 30 % | 80 % |
| During Construction | 50 % | - |
| At Delivery | 20 % | 20 % |
| At Deeding | - | - |
| Discount | 3 % | 5 % |
Development
Construction progress
October 2022
Phase 1 - Delivery in October 2022
Points of Interest
Airport
Aeropuerto Internacional de Tulum Felipe Carrillo Puerto (TQO)
20.4 km
Train Station
Mayan Train - Tulum
6.2 km
Bus Station
ADO Tulum
14.5 km
Hospital
Hospital Comunitario de Tulum
1.8 km
Public Beach
Public Beach Hotel Zone Tulum
2.8 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.
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.
Our mission is to provide superior service to our clients by facilitating the buying process in Mexico, ensuring that their property needs are met and investing in that which brings the greatest rate of return.
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