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65,128 Sq. Ft. – Walled Lot in North Merida (Cholul)
Cholul,
6,050 m² lotLand & lotNorth Mérida
Highlights
- To view this property, contact Dr. Leroy Osmon 999-125-6196 or email: leroy.osmon@gmail.com
This 6,050.63 m2 lot (65,128.43 sq. ft.) is completely walled and in a VERY quiet part of the city of Cholul. Cholul (pronounced ”Chuluul”) borders Tixcuytun to the north, Mérida to the south, Santa Gertrudis Copo to the east, and Sitpach to the west. It is one of the 12 commissariats in the municipality of Mérida, and the second comisaria in size and importance after Caucel.
The property is ideal for building condos, apartments or an amazing private residence.
The property is priced at $19,362,000.00 MXN ($3,200 pesos per m2). The USD price will change daily with the current exchange rate. Please check the daily exchange rate for the current USD price.
Specifications
| Lot area | 6,050 m² (65,122 sq ft) |
|---|---|
| Lot dimensions | 78.06 × 79.93 m |
| Property type | Land & lot |
| Area | North Mérida |
| Listing code | 006799 |
What owning this actually involves
North Mérida 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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