Mexico International Real Estate · Mérida
ENES

Colonial With Great Corner Location

GREAT PRICE! Excellent Condition For Renovation!

3 beds2 baths157 m² living185 m² lotColonial homeMérida Centro

Highlights

  • To see this property, contact Dr. Leroy Osmon 999.125.6196 or email at: leroy.osmon@gmail.com

This property is only 4 blocks South and 6 blocks West of the Santiago Market! It is a great location for getting around Col. Santiago and Col. San Sebastian, or any other part of Centro. It is located just a few blocks from a major supermarket, shopping, markets, coffee shops etc.

The property needs a renovation, however, it is NOT a major investment renovation. Priced at only92,500.00 USD, this is a GREAT bargain for Merida Centro. The price is linked to MXN pesos, this is the reason there has been an adjustment in the price…. it remains an amazing price for Merida Centro. Owner is motivated.

There is a side entrance for a car, plenty of room for a pool and garden and it is built of stone so a second floor could be added or a roof-top patio!

This property is just waiting to be your dream home or money making rental property!

Specifications

Bedrooms3
Bathrooms2
Living area157 m² (1,690 sq ft)
Lot area185 m² (1,991 sq ft)
Lot dimensions9.8 × 19.1 m
ParkingOff Street
Property typeColonial home
AreaMérida Centro
Listing code006534

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 006534.

A real person answers — usually the same day.