Property taxes in Mexico are called predial and are paid annually. The earliest in the year the better in order to receive a discount and to avoid penalties. The property taxes in Mexico are extremely low for example 122 sq.m. condo located in Bucerias, Nayarit will have property taxes equivalent to $60 cad.
Property taxes represents .06% of the assessed
value for private residences. The assessed value is determined at the time of
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