USD$179,500
Merida Centro
Mérida Centro
3 beds2.5 baths219 m² livingResidential home
Leroy Osmon006551
1 / 21
2 Bed/1 Bath Merida Centro
Merida,
2 beds1 bath173 m² living278 m² lotResidential homeMérida Centro
Highlights
- To see this property, contact Dr. Leroy Osmon 999-125-6196 or email: leroy.osmon@gmail.com
Located in a quiet part of Centro, this two bedrooms and one bathroom property is offered at a negotiable $3,303,290.00 MXN pesos. At the time of this posting, the USD price is $183,375.00.
The facade of this property is in good condition, however, the rest of the property needs a major facelift.
One bedroom is located on the first floor and one bedroom on the second floor. Both bedrooms have a mini-split A/C unit. The bathroom is on the first floor. There is a moderate sized kitchen and living area.
There is an impressive front garden and large backyard garden with several old-growth fruit trees.
The property has a lot of potential and for little money, it could be turned into a very nice retirement home or rental property.
NOTE: The price is linked to the $3,03,290.00 MXN price. For the current USD rate, please check the current daily exchange rate.
Specifications
| Bedrooms | 2 |
|---|---|
| Bathrooms | 1 |
| Living area | 173 m² (1,862 sq ft) |
| Lot area | 278 m² (2,992 sq ft) |
| Lot dimensions | 7.03 × 39.4 m |
| Parking | carport |
| Property type | Residential home |
| Area | Mérida Centro |
| Listing code | 006741 |
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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Leroy Osmon006446Enquire
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