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To Rent $1995 us dlls per week
For Sale Reduced Price $395,000 us dlls

This  unit - 2 BR, 2 BA   condo kitchen and bathroom have been
completely renovated. The kitchen has new  appliances, brushed nickel
lighting and white cipres wood cabinets, spacious living and dinning
area,  new  tile floors throughout, electrical, plumbing and storm
shutters. Sliding glass doors open from the living/dining room a onto an  
covered patio with view of the yacht marina. Condo can be converted
into two separate units, both with separate entrance doors high
cellings.Condo is being sold furnished with only a few exclusions.
Located only a few steps from unit , private  beach , snorkeling reef and
pool.
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Through a trust(fideicomiso)the only legal instrument and the most advantageous available,foreigners can acquire land in Mexico for residential or touristic purposes, having the samerights and obligations that a full ownership property gives.
In Mexico, a Trust Institution is that banking institution which is authorized to open fiduciary accounts and conduct trust operations. The Trustee (bank institution) holds legal title to the real estate property during the term of the trust.
In the trust deed, the present owner of the land would appear as the settler or trustor (fideicomitente) and would thereby deliver title of the real estate to the trustee (you)who would hold the property during the life of the trust, 50 years.
As the Trust Beneficiary, you will have the use and possession of the property, that is, you also have the capacity to instruct the Trustee on mortgaging the real estate, renting , selling,or transferring .
According to article 13 of this Law,; the Foreign Affairs Ministry shall allow the renewal of trusts over the restricted zones upon expiration of their term (up to 50 years)
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