Mexico International Real Estate · Mérida
Price reduced

Newly built in Garcia Gineres!

Merida,

2 beds2.5 baths63 m² living164 m² lotResidential homeMérida Centro

Beautifully built: The price of this property is linked to a MXN peso price of $4,500,000.00 and the USD rate reflects the rate of exchange the day of this posting. PLEASE check the current rate of exchange. As of this date it equals $239,489. USD.

This is a newly built in Col. Garcia Gineres (less than 3 minutes from Centro Santiago).

Everything is new! No old pipes or electricity lines or stone walls that need repair. The property is narrow but extremely long and the builder has done an amazing job in the design and use of space.

There is quick and easy access to downtown, the airport and major shopping on the Northside of Merida.

The rooms are set up for A/C installation. This is a great retirement home or rental property with its easy access. Parking on the property adds an extra degree to security in an already secure part of Merida.


Ready for move-in and just waiting for your creative touches and living pleasure in beautiful Merida!

To see this beautiful new home, contact Dr. Leroy Osmon 999-125-6196 or email: leroy.osmon@gmail.com

Specifications

Bedrooms2
Bathrooms2.5
Living area63 m² (678 sq ft)
Lot area164 m² (1,765 sq ft)
Lot dimensions3.9 × 42.6 m
ParkingOn property
Property typeResidential home
AreaMérida Centro
Listing code006672

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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