USD$166,649
Completely New House in Merida Centro!
Mérida Centro
4 beds3 baths120 m² livingResidential home
Leroy Osmon006739
1 / 9
Fixer Upper With Great Potential
Merida,
2 beds1 bath140 m² living290 m² lotResidential homeMérida Centro
Highlights
- Social areas (living room, dining room, kitchen)
- Long backyard with great potential for a pool and additions
Located on a nice street in the traditional San Cristobal area, this cute property offers desirable features for a restoration project. The existent structure is in good general condition and it’s 100% usable.
The street is wide and offers on-street parking. There are many nice restored homes in the surroundings and the area is becoming increasingly popular among expatriates who want to experience the local traditions and a relaxed life style.
Located within walking distance from landmarks:
* Price in US dollars is informative. The price is set at $3,000,000 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 | 140 m² (1,507 sq ft) |
| Lot area | 290 m² (3,122 sq ft) |
| Lot dimensions | 5.3 × 54.8 m |
| Parking | Off-street |
| Property type | Residential home |
| Area | Mérida Centro |
| Listing code | 006670 |
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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Joel R De Leon006594Enquire
Ask about 006670.
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