Strela

Strela

Sold :

Phase 1

-

Ready to move in

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Property details
Prices and Availability
From: 0
informations
Puerto Morelos, Quintana Roo, Mexico
0 units available / 20 total units
Property type: condo
bed units available

Delivery date :

Ready to move in

HOA Fees :

MX $ 50 / m²

Property Description

Sailors used the stars to guide them when sailing at sea, using them as fixed points that marked the way home.

This is Strela, the guide that directs your life to where you always wanted: to live in paradise, surrounded by nature but at the same time with the comfort and design that you deserve, in a complex of 20 apartments located in Puerto Morelos, Quintana Roo, Mexico.

Designed to offer you a unique experience, with the best views and amenities in the segment, ideal for living in perfect harmony with the surrounding nature.

Phases & Delivery

Phase 1 : Sold out

Amenities

Features

Controlled Access
Lock Off Units Available
Outdoor parking
Washer/Dryer Outlets
Closing in pesos

Amenities

Bar
BBQ Area
Pool
HOA Fees :
See Unit

Payment Plans

Option 1Option 2Option 3
At Signing30 %30 %90 %
During Construction40 %--
At Delivery30 %70 %10 %
At Deeding---
Discount5 %8 %10 %

Development

Construction progress

January 2024

Phase 1 - Delivery in January 2024

December 2023

Phase 2 - Delivery in December 2023

November 2023

Phase 3 - Delivery in November 2023

Finishings

Points of Interest

Airport
Cancun International Airport (CUN)
21.6 km
Train Station
Mayan Train - Puerto Morelos
8.0 km
Bus Station
ADO Puerto Morelos
2.6 km
Hospital
Costamed Puerto Morelos
2.3 km
Public Beach
Playa Publica Puerto Morelos
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.