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Real Estate News

06
Oct
Investment in cancun; Paying taxes
Posted on Friday 06 de October de 2017

We hope this breve info will answer to your questions about the taxes and the costs of living in Cancun or Riviera Maya.

The maintenance of a property in the city of Cancun or in the hotel zone varies a lot. Approximately in the city the cost of monthly electric tax is $ 100 USD in hot weather and out of the city in hotel zone the price increases to $ 300 USD in heat season.
Gas, telephone and water are approximately $ 70 USD per month; the cost of property ownership corresponds to 6% of the total cost of ownership.

The property tax goes from 100 to 1000 USD per year and the cost of maintenance goes from 100 to 3000 USD in luxury areas (places like residential development).