USD$398,000
Casa Magico – Contemporary Home with Casita, Pool & Investment Potential in Mejorada
Mérida Centro
3 beds3.5 baths198 m² livingColonial home
Colm Cooney006812
1 / 20
ExclusiveMotivated seller
Seller Finance Opportunity! Centro – Santiago Home – Furnished!
merida,
2 beds2 baths168 m² living245 m² lotColonial homeMérida Centro
Highlights
- Incredible Investment Opportunity in One of Mérida’s Most Desirable Historic Neighborhoods
- 2 spacious bedrooms, each with its own private full bathroom
- Dedicated office or flex space ideal for remote work or a third sleeping area
- Beautiful original colonial architecture with soaring high ceilings
- Original pasta tile floors in excellent condition
- Original colonial wall sconces that preserve the home’s historic character
- Meticulously maintained with quality upgrades while preserving its authentic colonial charm
- Weekly live cultural performances and community events
- Restaurants, cafés, bakeries, and local markets within walking distance
- Minutes from Paseo de Montejo and Mérida’s Historic Plaza Grande
- Highly desirable area for Airbnb, boutique rentals, retirees, and international buyers
Colonial Home for Sale in Santiago, Mérida | 1 Block from Mercado de Santiago | Seller Financing Available | Fully Furnished
The owner is offering a rare Seller Financing option with 50% down, making this an outstanding opportunity for both Mexican and international buyers seeking flexible purchasing terms.
Double-pane insulated windows with gas-filled glass for exceptional thermal efficiency and noise reduction
One of this property’s most valuable features is its expansive second-floor terrace.
Architects have confirmed the structure is ready to support additional construction, allowing future owners to create more bedrooms, guest suites, or rental accommodations. This creates an outstanding opportunity to significantly increase property value and generate additional Airbnb or boutique rental income.
Whether you’re searching for a full-time residence, vacation home, boutique hospitality project, or income-producing investment, this property offers exceptional long-term upside.
The owner is motivated to sell and is willing to consider Seller Financing with 50% down, creating a rare opportunity to purchase well below appraised value while preserving liquidity.
Living in Santiago means enjoying one of Mérida’s most walkable and vibrant neighborhoods:
This is a rare chance to acquire an authentic colonial home in one of Mérida’s most sought-after neighborhoods with immediate lifestyle appeal and tremendous future appreciation potential.
Contact Esther today for the complete property brochure, additional photos, floor plans, and full Seller Financing details.
Specifications
| Bedrooms | 2 |
|---|---|
| Bathrooms | 2 |
| Living area | 168 m² (1,808 sq ft) |
| Lot area | 245 m² (2,637 sq ft) |
| Lot dimensions | 8 × 30.7 m |
| Property type | Colonial home |
| Area | Mérida Centro |
| Listing code | 006836 |
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
Colm Cooney006812
Enquire
Ask about 006836.
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