Palais

Palais

Available :

Phase 1

-

Ready to move in

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Showroom

Property details
Prices and Availability
From: MX $ 3 468 000
informations
Aldea Zama, Tulum, Quintana Roo, Mexico
4 units available / 12 total units
Property type: condo
Studio, 1 & 2 bed units available

Delivery date :

Ready to move in

HOA Fees :

US $ 5 / m²

Property Description

With more than 40 years of construction experience, “Tecnion” merges with the architectural innovation of “Doble Erre”. Both and the modernity of “Rivieralty” create Palais, a real estate development where nature and luxury become one.
A total of 70 sophisticated apartments, distributed in three towers of five levels, comprise this construction whose privileged location offers a unique and elegant experience, surrounded by the paradisiacal atmosphere of Tulum.

The Riviera Maya is at the ideal time to enjoy it. With an exponential development on its way to its peak, visit this beaches with tourists and international residents is an experience not to be missed. Particularly Tulum beaches have become one of the favorites worldwide.

Phases & Delivery

Phase 1 : Ready to move in

Amenities

Features

Outdoor parking
Furniture Packages Available
Closing in pesos

Amenities

Bar
Garden
Gym
Pool
Reception Desk/Lobby
Restaurant
Sundeck
Yoga Lounge
Zen Deck
HOA Fees :
US $ 5 / m²

Development

Construction progress

October 2022

Phase 1 - Delivery in October 2022

Points of Interest

Airport
Aeropuerto Internacional de Tulum Felipe Carrillo Puerto (TQO)
22.3 km
Train Station
Mayan Train - Tulum
4.6 km
Bus Station
ADO Tulum
16.0 km
Hospital
Costamed Tulum
1.2 km
Public Beach
Playa Las Palmas
1.8 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.

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.