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.
http://www.buceriasrealestatesite.com/Bucerias/Jalisco/Condos/35730/Playa_de_Huanacaxtle/Agent/Listing_71464167.html
Property taxes represents .06% of the assessed
value for private residences. The assessed value is determined at the time of
the sale.
Questions and comments about real estate transactions and living the life in Mexico! Buying and selling in the Riviera Nayarit: Puerto Vallarta, Nuevo Vallarta, Bucerias, La Cruz, Sayulita, San Pancho, Lo de Marcos,Los Ayala, Guayabitos, and La Penita de Jaltemba.
