USD$117,689
Centro Colonial For Renovation!
Mérida Centro
90 m² livingColonial home
Leroy Osmon006740
1 / 14
San Cristobal Canvas
Charming · Spacious · Historic · Tranquil · Potential
2 beds1 bath101 m² living374 m² lotColonial homeMérida Centro
Specifications
| Bedrooms | 2 |
|---|---|
| Bathrooms | 1 |
| Living area | 101 m² (1,087 sq ft) |
| Lot area | 374 m² (4,026 sq ft) |
| Lot dimensions | 7.5 × 57.5 m |
| Parking | Parking on Street |
| Property type | Colonial home |
| Area | Mérida Centro |
| Listing code | 006385 |
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.
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