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WHAT ARE THE TAXES FOR BUYING AND SELLING REAL ESTATE IN PLAYA DEL CARMEN, MEXICO?

April 26, 2017buying Carmen Del mexico Playa Real Estate Selling taxes

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WHAT ARE THE TAXES FOR BUYING AND SELLING REAL ESTATE IN PLAYA DEL CARMEN, MEXICO?

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Ans: The condominium real estate tax rate in Playa del Carmen, Mexico is 2%. The capital gains tax rate for condominiums in Playa del Carmen, Mexico will be 28% but only of registered sales value, which is usually 40 to 60% of real condominium sales values in the Riviera Maya.