Mexico International Real Estate · Mérida
ENES

Well Located Fixer Upper With Big Lot

Merida,

1 bed2 baths110 m² living444 m² lotResidential homeMérida Centro

This property offers great possibilities given its central location in San Cristobal (Merida Centro) and large dimensions, with 444 mt² (4,780 ft²) of total area.

Once used as a business, the original structure with stone walls was used to host the offices and restrooms, with a total living space of 110 mt². The backyard was completely adapted and covered with a tin roof that served as a workshop.

The current category of the property is residential, which would easily allow permits to restore the property back to its original purpose and create a completely new living space.

Located within walking distance from important landmarks:

* Price in US dollars is informative. The price is set at $4,200,000 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

Bedrooms1
Bathrooms2
Living area110 m² (1,184 sq ft)
Lot area444 m² (4,779 sq ft)
Lot dimensions10.2 × 45 m
ParkingOn-street
Property typeResidential home
AreaMérida Centro
Listing code006671

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 →

Similar properties

Enquire

Ask about 006671.

A real person answers — usually the same day.