Mexico International Real Estate · Mérida

San Cristobal Fixer Upper

Merida,

2 beds1 bath303 m² living259 m² lotCommercialMérida Centro

Highlights

  • 12 minutes from Santa Lucia and Santa Ana parks

This property has great potential as a home or business, given its large construction and long lot. The existent construction could host at least 3 bedrooms, garage, balcony and with some demolitions, there would be plenty of space for a pool and garden.

The property was recently used as an office and storage for a business and it’s in very good shape.

The ground floor is fully built, starting with the garage and followed by 5 more spacious rooms. Some of these rooms could be easily opened up to create a sectional construction with different courtyards, which has proven to be a functional layout for long and narrow properties.

The second floor includes 3 rooms with great potential for bedrooms and one bathroom.

Located at only 6 blocks from San Cristobal park and at short distance from other interesting landmarks.


* Price in US dollars is informative. The price is set at $2,890,000 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

Bedrooms2
Bathrooms1
Living area303 m² (3,261 sq ft)
Lot area259 m² (2,788 sq ft)
Lot dimensions4.7 × 55.2 m
ParkingGarage
Property typeCommercial
AreaMérida Centro
Listing code006594

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 006594.

A real person answers — usually the same day.