Mexico International Real Estate · Mérida

The Perfect Hotel Location

Commercial in Mérida Centro

4,104 m² living2,861 m² lotCommercialMérida Centro

This is THE perfect location in Merida Centro for a hotel. It has all of the infrastructure in place. It has a huge parking area (more than 40 cars), built structurally to support a pool on the second floor and for a third floor to be expanded. It has an elevator, offices, bathrooms and a corner location/view second to none.

This property also comes with the option to be torn completely down if the new owners wanted. This is a unique option in Merida Centro. The property is next to (and overlooks) the Santiago Park/Church and market.

With 4104 square meters (44,175 square feet) of construction and 2,861 square meters (30,795 square feet) a full-sized hotel could be built. It is located 3 blocks from the Zocalo!

The property also has a beautiful Colonial home that has been totally renovated that would be a perfect meeting room. This is an amazing investment opportunity.

To see this property, contact Robert Slaats (999.246.6555 Email: slaatsrobert@gmail.com) or Dr. Leroy Osmon (999.125.6196 Email: leroy.osmon@gmail.com).

Specifications

Living area4,104 m² (44,175 sq ft)
Lot area2,861 m² (30,796 sq ft)
ParkingGarage
Property typeCommercial
AreaMérida Centro
Listing code005722

What owning this actually involves

Mérida Centro is inside Mexico’s restricted zone, which runs 50 km inland from any coast. A foreign buyer here holds title through a fideicomiso — a Mexican bank trust in which you are the named beneficiary. It is not a lease: you can live in the property, rent it, remodel it, sell it and leave it to your heirs. The term is 50 years and it renews.

The purchase completes before a notario público, a state-appointed lawyer, and typically takes 30–60 days.

The fideicomiso explained →

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