Posted on Dec 5, 2018

BuyPlaya Real Estate

What I expect to pay in Playa del Carmen property taxes?
Property taxes have historically been low in Mexico because they have never been considered a source of governmental revenue. Known as Predial, the tax is calculated as a percentage (currently .25% of the assessed value), determined at the time of sale. Generally speaking, you can expect to pay $100 usd per $100,000 usd of assessed value yearly. For more information about buying Playa del Carmen properties for sale checkout