Mexico International Real Estate · Mérida

Huge Stately Home In Col. Itzimna – Price Reduced

Price Reduced!!!

6 beds5.2 baths590 m² living1,165 m² lotResidential homeGreater Mérida

Highlights

  • large 2 room kitchen (large pantry area and washing area)
  • floors are in excellent condition and offer a wide variety textures and materials
  • front and back garden (VERY large back garden)

This stately home has 590.53 square meters of living area (6356.41 square feet!!!!) and 1165.04 square meters (12,540.38 square feet) of land.

It is waiting for someone with a vision of returning this beauty to its original condition.

The property is not in need of a total renovation, but will need a considerable amount of work. However, the finished product would be worth every pesos and some, and with this location, it would be a truly outstanding investment in one of Merida’s best location.

Beautiful floors, beautiful wood (mahogany), amazing iron work and space to do anything….ANYTHING!

Located in Col. Itzimna, one of the most sought after areas in Merida, this home has elegance and design that is timeless. From an era of practical beauty.


The price of this property is linked to a price of $15,900,000.00 MXN and the USD price will change with the currency exchange rate. Please check the current exchange rate when viewing this property. The price on this page was posted 15 Dec. 2024.

To see this, contact Dr. Leroy Osmon 999-125-6196 or email: leroy.osmon@gmail.com. Or contact for Spanish, Selene Torres 999-900-2405

Specifications

Bedrooms6
Bathrooms5.2
Living area590 m² (6,351 sq ft)
Lot area1,165 m² (12,540 sq ft)
Lot dimensions28.7 × 42.5 m
ParkingCar Port
Property typeResidential home
AreaGreater Mérida
Listing code006323

What owning this actually involves

Greater Mérida 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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