Contemporary villa with rooftop terrace at sunset in Region 7, Tulum
5-bedroom villa with pool in Region 7, Tulum
Three bedroom villa in downtown Tulum at soona villas
House with trees around it in Tulum Downtown
A high angle view of a condo development in Tulum, Mexico.
Tulum Land and Property

Region 7 Tulum Real Estate for Sale

A small central pocket of Tulum, most of it finished, with two to five bedroom homes from $194,000 USD.

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Region 7

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Region 7 is a small municipal area close to the middle of Tulum, and our book here is four properties, all of them houses or condos and most of them finished.

What it is

Another of the numbered regions rather than a named neighborhood. In practice this pocket sits in and around the downtown area, which means the supermarkets, the bus terminal, the Tren Maya station, the banks and the town's everyday restaurants are close by rather than a drive away.

The stock is small scale and residential: villas and condos on side streets rather than towers on an avenue.

What is for sale

Three houses and one condo. A two bedroom villa at $194,000 USD, a two bedroom condo of 1,905 sq ft at $287,500 USD, a three bedroom villa at Soona of 3,229 sq ft at $420,000 USD, and Casa Kaban, a five bedroom villa of 3,681 sq ft at $850,000 USD.

Asking prices run from $194,000 USD to $850,000 USD, with a median of $353,750 USD. That entry point is among the lowest of any area we cover, and unlike a good deal of cheap Tulum stock, these are built and standing.

Who it suits

A first purchase, and anyone who would rather see the finished building than a render. With most of what is here complete you can walk the house, walk the street and judge the neighbors before you commit, which is not true of most of Tulum at this price.

It also suits a long term rental owner. Central Tulum fills with people who work in the town rather than with visitors, which is steadier if less glamorous than a nightly let.

What to watch

Four listings is the whole market here, so there is very little to compare against inside the region itself. Compare against Downtown and Region 15 instead, which carry similar product in volume.

Central Tulum grew quickly and drainage varies street by street. Ask what happens on the road outside in heavy rain, and visit in the evening to judge the noise.

The figures on this page are asking prices from our own current listings. They are not closed transactions and they are not comparables.

What is in

Region 7

The draw

  • Most of what we list is built and viewable
  • Central, so errands are on foot

What you get

  • 4 properties, most of them complete
  • From $194,000 USD, median $353,750 USD
  • Two to five bedroom villas and a condo

On the doorstep

  • Supermarkets, banks and the town market
  • Soona Villas and small scale residential streets
  • Pharmacies on Avenida Tulum

Getting around

  • ADO terminal and Tren Maya station
  • Beach about ten minutes by car
  • Airport about 30 minutes
Three bedroom villa in downtown Tulum at soona villas
Property of the week

3 Bedroom Villa in Downtown Tulum - Soona Villas

3
4
3,229
$420,000
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Frequently Asked Questions

Find answers to the most common questions about our properties, services, and buying process. If you need more help, feel free to reach out to us

Can foreigners own property in Mexico?

Yes. Foreigners can own property in Mexico via a “fideicomiso”: a trust with a Mexican bank facilitated by a notary. The bank acts as a trustee and follows instructions from the property owner. Via this arrangement, foreigners can have all rights to use, occupy, lease, build, improve, and sell their property. On average, it takes 60 to 90 days to complete a property purchase. Tulum Land & Property works closely with a trusted team of lawyers and notaries who ensure that all legal processes proceed smoothly. Another way of owning property in Mexico is by creating a Mexican corporation. This is recommended when investors plan to own several properties.

How much do I have to pay up-front?

Most pre-construction properties require a refundable deposit of $5,000 USD to secure the unit. Our properties are in high demand so this deposit secures the unit while contracts are drafted. Typically buyers make a down payment of 30% but larger down payments lead to larger discounts. The rest of the payments are made according to negotiable payment plans spreading the cost over the construction time, allowing investors to enjoy better liquidity before delivery.

What rental income can my property generate?

It depends on the property, the street, how it is furnished and how it is run, so we do not quote a single return figure for any market. Where we hold published short term rental data for an area, such as AirDNA's occupancy and nightly rate figures, it appears in the market data on that area's page, attributed to its source. Where a seller or developer supplies figures for a specific home, we tell you whose figures they are and suggest you verify them independently.

What's the best way to get Financing?

For foreigners investing in Mexico, the best way to obtain finance is to do so at home. In the US, you may take a Home Equity Loan or Home Equity Line of Credit (click here). Many pre-construction developments also offer payment plans that spread the cost over the construction period. Financing in Mexico is typically 8% to 9% plus fees and involves a lengthy process.

Are there any extra costs to buy a property?

Closing costs are typically 7% of the property value. This includes the acquisition tax, recordation fee, certificate of no liens, municipal appraisal, legal and closing fees, and public notary fees. The yearly property tax in Mexico is typically 0.1% of the property value. HOA fees typically start from $2.5 USD per square meter per month depending on the amenities included. The cost of furniture and appliances must also be considered in your budget. Our team of experts can help you understand these costs, schedule a call with us to get started (click here).

How can I ensure the property I purchase has a clear title?

To ensure a property has a clear title, conduct a title search through a reputable notary or legal professional. This process verifies that the seller has legal ownership and that there are no liens or encumbrances on the property. Working with experienced local professionals can help navigate this process.

Is it safe to buy property here?

Our markets are generally safe places to visit and to live. On Numbeo, whose crime index is built from residents' and visitors' own reports, Tulum currently scores lower than many large US cities, Miami among them. Like any busy tourist destination the region has occasional serious incidents, and these rarely involve visitors or residents going about their day. The usual travel precautions apply, as they would anywhere popular with visitors, and forums for first time travellers to Mexico carry plenty of practical advice on avoiding scams and petty theft.

Does the property come with amenities?

Many of the condos and villas we sell come with amenities, depending on the location. Usual amenities include: pool, spa, rooftop, fitness and yoga centre, co-working space, etc.

Still have questions?

Schedule a call with our team of investment analysts to get the answers you need and make informed decisions.

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Region 7
A small central pocket of Tulum, most of it finished, with two to five bedroom homes from $194,000 USD.
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