All New – Crisp Clean & Super Cool
Colm Cooney006028
Fixer Upper Colonial Home for Sale in Mérida Centro – Santa Lucía / Santiago Location with Pool Potential
This colonial fixer-upper in Mérida Centro presents a strong opportunity to acquire a well-located property with renovation upside in one of the city’s most desirable neighborhoods.
Situated in the Santa Lucía / Santiago area, the home is positioned within walking distance of restaurants, parks, and cultural attractions, making it ideal for buyers seeking both lifestyle appeal and long-term investment value.
With original architectural elements and a deep lot, the property offers a flexible canvas for renovation, expansion, or redesign.
From an investment standpoint, this property stands out due to:
Centro properties in Santa Lucía / Santiago continue to appreciate due to:
👉 This is best positioned as a value-add renovation project with upside potential.
The Santa Lucía / Santiago corridor is one of the most desirable areas in Mérida Centro because of:
👉 Location is one of the primary drivers of both resale value and rental demand.
👉 The depth of the lot allows for creative architectural solutions uncommon in narrower Centro homes.
What makes this property compelling is the combination of:
👉 It fits perfectly into a “buy, renovate, and add value” strategy.
👉 Proper planning is key to maximizing return.
Yes, the property requires renovation but has solid structure and original features.
Yes, there is backyard space suitable for a pool and garden.
Yes, the property has clear title and utilities connected.
Yes, properties in this location with renovation potential often perform well after upgrades.
For more information or a private tour contact Colm – colmyucatan@gmail.com / cell – press 9991696430 or Mitch – miguelsmexico@gmail.com Office: (999) 920 6856
| Bedrooms | 2 |
|---|---|
| Bathrooms | 2 |
| Lot area | 224 m² (2,411 sq ft) |
| Lot dimensions | 5.35 × 38.55 m |
| Property type | Colonial home |
| Area | Mérida Centro |
| Listing code | 006536 |
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 →
Colm Cooney006028
Leroy Osmon006446
Leroy Osmon006741Enquire
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