MANANTIAL S.A. de C.V.
Calle 30 entre 1° y 5° Avenida – 77710 Playa del Carmen – Q.Roo
tel. 0052 984 8733194 – e-mail : manantial.me@gmail.com
R.F.C. MAN0703095X9
Since the beginning of the sixties the peninsula of Yucatan has been living a constant and exceptional period of development and population growth. The first case was Cancun that from a small desert sand strip has become today a town with hundreds of luxurious hotels, resorts, shopping malls, golf clubs and so on. Afterwards, first Cozumel and then Playa del Carmen became autonomous towns and started investing in their development. Playa del Carmen, a clear example of extraordinary development, in 10 years, converted from a village of fishers to a town with almost 200,000 inhabitants and a strong presence of foreign and Mexican investors. Over the last years it was the town with the highest growth all over the world. On March 13th, 2008, the 11th Legislation approved the foundation of Tulum as ninth city of Quintana Roo, with a global surface of over 2,000 km2 including 29 districts for a total of 31,000 inhabitants. On April 1st, 2009 the transient municipal council was replaced by the newly elected government that will stay in office until April 2011. The new Plan of Development, destined to determine the parameters for the urban growth and environmental control of the area for the next 20 years, was created in concomitance with the construction of the municipality .Thanks to the political and administrative change the town could benefit from the financing of important infrastructural works. Among these there is the new international airport on the road leading from Tulum to Cobà which will be completed by the end of 2012 and will result in a further strong increase in the touristic flow to this region. The decision of a new airport became essential as the increasing number of visitors arriving at the airport of Cancun reached a saturation point. Besides the local transit, most tourists are from the USA, Canada, Argentina and Europe. The touristic flow here, like in the whole coast, is increasing on the average of 15% every year. Early in 2009 the road widening to 4 lanes of Carretera Federal n.307 from Cancun to Tulum has been completed and in the near future the creation of a fast train service to connect the two towns is forecasted. The town of Tulum is looking to create new urban infrastructures, such as roads, bridges, power plants, sewers, drinking water. Applications for residence, services and tourist-accommodating facilities are increasing and the Plan of Municipal Development forecasts to reach within 5 years 100,000 inhabitants from the current 10,000, for Tulum only.
Our real estate company has been in Mexico for over 12 years and operates mostly in the towns of Playa del Carmen and Tulum. Currently in the area of Tulum we have several buildable lots of land with residential/commercial use of variable sizes from a minimum of 3,000/4,000 m2 up to 1, 30 and 100 hectares. Prices vary from 6 to 100 USD/m2.
Thanks to our networks of collaborators in Italy and Mexico our company can provide you with the necessary support for all operations of purchase and land management, including any establishment and management of companies registered in Mexico. Our technical office will meet your needs and offer you all services you would need after the purchase, from land zoning, to project and construction of infrastructures and buildings, and trade of the completed manufactured buildings. Our lawyers, business consultants and notaries will grant you all necessary legal support.
HOW AND WHY TO INVEST IN MEXICO
Mexico is considered to be a country safe from the crisis of the American loans, as investments are made with self financing, and not with bank financing. Moreover, it is not exposed to any particular risks of political instability. The real estate development has started for few years and the opportunities of revaluation are high whereas taxes and maintenance costs are low. The touristic-accommodating activities have a yearly average occupational rate of 75% that makes those investments that generates yearly income from the touristic and commercial rent particularly interesting. In case of a sale taxes on the capital gain are on the average of 28%.
It is not necessary to go to Mexico to purchase a property. Through the Mexican consulates in the different countries it is possible to entrust a reliable person in Mexico with a power of attorney for the performance of the necessary operations for the purchase of a land.
Under the Mexican law, along the border and coast areas, the so-called “Zona Restringida” (restricted zone) non-resident foreigners are not allow to buy directly lands or properties. The purchase should be made by a company or a “Fideicomiso” (trust). The company can be newly established or, in alternative, an already established company with open bank accounts can be bought. “Fideicomiso” is a trust agreement by which the land or the estate become a property of a Mexican bank selected by the buyer, whereas all the rights (resale, inheritance, lease, annuity, etc.) go to the foreign buyer holder of Fideicomiso. The fiduciary agreement allows foreigners to own legally land properties and real estates in the restricted zone for a determined period of time, for example 50 years, and at the expiry date the contract with the bank should be renewed. The time required to establish a company or nominate a Fideicomiso is around 60 days.
Here below we report a list of indicative prices (small changes are possible due to procedure modifications).
FIDEICOMISO (TRUST)
*Establishment of Fideicomiso USD 3,000
*Taxes, lawyer and notary’s fees 5/6% on the purchase cost of the land
*Maintenance of Fideicomiso USD 500/year
*Predial Tax USD 50/year
*VAT 10% on fees
COMPANY
*Establishment of a company USD 1,500/2,000
(including notary and lawyer fees)
*Taxes, lawyer and notary’s fees 5/6% on the purchase cost of the land
*Company Management by a USD 1,800/year
business consultant (the cost is not accrued to inactive company)
*Predial Tax USD 50/year
*VAT 10% on fees
ALREADY ESTABLISHED COMPANY
*Purchase of the company USD 4,000/5,000
*Taxes, lawyer and notary’s fees 5/6 % on the purchase cost of the land
*Company Management by a USD 1,800/year
business consultant (the cost is not accrued to inactive company)
*Predial Tax USD 50/year
*VAT 10% on fees
OUR PROPOSALS
1. TULUM –KUKULCAN AREA
• Manzane n.19 - 40 - 106 - 167 – 173 and 187 already divided into lots of land from 300 m2 to 450 m2 – prices from USD 31,000
• Manzana n.72 of 10,000 m2 undivided - USD 35,000
2. TULUM – EXPANSION AREA 10
• Manzana n.809 already divided into 10 lots of around 3 hectares – USD 900,000/each
• Manzane n.11 – 12 – 13 – 14 of 10,000 m2 undivided – USD 220,000/each
• Manzana n.7 of 4,5 hectares undivided – USD 1,080,000
METHOD OF PAYMENT
a) 20% at the preliminary agreement
Full payment at the notarial act by 60 days – discount 5%
b) 20% at the preliminary agreement
Full payment in 6 monthly instalments
c) 20% at the preliminary agreement
Full payment in 12 monthly instalments + 7%
TULUM – KUKULCAN AREA – PLAN OF DEVELOPMENT!
TULUM- KUKULCAN AREA
FOR ADDITIONAL PROJECTS AND PLANS GO TO
