Mexico International Real Estate · Mérida
Motivated seller

Grand Dual-Property Opportunity — La Ermita / San Sebastian

Colonial home in Mérida Centro

8 beds6.5 baths1,243 m² living1,353 m² lotColonial homeMérida Centro

Highlights

  • Ample open space for redesigning into gardens, suites, or entertainment areas
  • *Linked to a MXN Peso listing price starting at $10,000,000 MXN*

A rare and expansive investment opportunity in one of Mérida Centro’s most atmospheric and historic districts. Located on Calle 79, just steps from La Ermita Park and San Sebastián Park, this listing includes two connected properties sold together on an extraordinary 1,353.2 m² lot with 1,243.97 m² of construction.

While the property requires a full restoration, the scale, character, and architectural bones are exceptional. Deep corridors, soaring ceilings, original pasta tiles, and a massive backyard create a foundation that is increasingly impossible to find in this area. It is ideal for a boutique hotel, multi-unit rental project, cultural venue, or a grand private estate.

A classic Centro residence with historic character:

A significantly larger property with flexible interior spaces:

Located at the back of the lot — spacious and full of potential:


Massive lot inside Centro: Over 1,350 m² — extremely rare in La Ermita / San Sebastián.

Two full homes + event area: Perfect for hospitality or multi-unit redevelopment.

Historic details: Original floors, high ceilings, traditional corridors ready to be revived.

High-potential project: Boutique hotel, wellness retreat, residential compound, or cultural venue.


Price is based on currency rates of exchange in effect at the time of uploading. Price is subject to change without prior notice due to currency fluctuation.

Thank you for taking time to review this listing. Merida is full of wonderful homes and I can show you ANY property for sale in Merida, including those from other websites and realtors.

Interested in selling your home? Let’s have a chat!

To see this property contact me (Robert Slaats) at 999 246 6555 (or email at slaatsrobert@gmail.com). I strive to help you find the PERFECT home or buyer!

Specifications

Bedrooms8
Bathrooms6.5
Living area1,243 m² (13,380 sq ft)
Lot area1,353 m² (14,564 sq ft)
Lot dimensions20 × 70.3 m
ParkingOn Property
Property typeColonial home
AreaMérida Centro
Listing code006727

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 006727.

A real person answers — usually the same day.