USD$298,000
Casa Mosaico – García Ginerés
Mérida Centro
3 beds2 baths214 m² livingColonial home
Colm Cooney006773
1 / 15
Practical Home One Block From La Plancha
Merida,
2 beds1 bath126 m² living256 m² lotResidential homeMérida Centro
This a nice and functional home in very good condition, located only one block from Parque de la Plancha and the gastronomy corridor. The property is 47 meters (154 feet) long, leaving a lot of room for additions and improvements.
The location is ideal for a vacation rental home, given its proximity to all the attractions in the area:
** Price in US dollars is informative. The price is set at $5,500,000 Mexican pesos or its equivalent in US dollars at the day of closing.
For more information contact Joel R De Leon at 9999 20 68 56, cell 9991 29 38 15 or by email to jrdeleon76@gmail.com.
Specifications
| Bedrooms | 2 |
|---|---|
| Bathrooms | 1 |
| Living area | 126 m² (1,356 sq ft) |
| Lot area | 256 m² (2,756 sq ft) |
| Lot dimensions | 5.4 × 47 m |
| Parking | Parking on Street |
| Property type | Residential home |
| Area | Mérida Centro |
| Listing code | 006481 |
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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