Mexico International Real Estate · Mérida

Huge Centro Property With 3 Houses Huge Reduction!

Merida,

3 beds3 baths295 m² living825 m² lotResidential homeMérida Centro

Highlights

  • To see this property, contact Dr. Leroy Osmon 999-125-6196 or email: leroy.osmon@gmail.com

THIS PROPERTY HAS JUST BEEN REDUCED AND IS NOW ONE OF THE VERY BEST PRICES FOR PROPERTY THIS SIZE IN ALL OF MERIDA CENTRO!

This is a total renovation project of the 3 houses or combine the renovation into 1 very large and beautiful home.

The property is 825 M2 (8880.25 Sq. Feet)….HUGE!

The houses are small and are on street side. The remainder of the property is all natural garden. An additional house or condos could be added and a VERY large pool.

This would be an amazing renovation project with a location that is only 8 blocks East of the main plaza.This is a builders dream with amazing potential!


The USD price is linked to a MXN peso price of $3,466,000.00. PLEASE check the current – daily- exchange rate.

Specifications

Bedrooms3
Bathrooms3
Living area295 m² (3,175 sq ft)
Lot area825 m² (8,880 sq ft)
Lot dimensions15 × 55 m
ParkingParking on Street
Property typeResidential home
AreaMérida Centro
Listing code006446

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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Enquire

Ask about 006446.

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