Caoba Residencial: Residential Lots with Amenities and Recreational Spaces
$16,324≈ MX$303,966
- 2,519 sq ftLot area
About this home
Caoba Residencial is a residential development designed for growth and family life in a safe environment with numerous green spaces and amenities dedicated to well-being: -Residential lots -Amenities and recreational spaces -Urban development and green areas Mérida’s economic growth has transformed it into a city that is revolutionizing the concept of comfortable, peaceful, and safe housing. A thriving natural area connected to countless resources that are driving unprecedented appreciation in property values. Located on the Ucu–Hunucma Highway in a rapidly developing area of the state, with direct access to the Industrial Zone and excellent connectivity to municipal services, schools, and universities; supermarkets, entertainment districts, parks, and public transportation. Comfort -First-Class Development -Electricity at the Lot Line -Paved Avenues and Streets -Planning and Security -Wide Sidewalks -Proximity to Public Transportation Well-Being -Green Spaces and Amenities -Recreational Areas -Various parks within the development -Spaces for commercial areas -Multipurpose courts -Spacious recreational areas PRICE AND FINANCING PLANS: Standard lot starting at: 234 m² Price per m² starting at: $1,299 Total lot price starting at: $303,966 Financing: 10% down payment + 70% over 30 monthly installments + 20% upon delivery. Availability and prices subject to change without prior notice. We Are Your Partners in Real Estate We are dedicated to providing real estate services. Listing, Sale, and Transfer of All Types of Properties: Homes, Residences, Beachfront Lots, Residential Lots, and Agricultural Land. Construction and Remodeling
Buying in Mexico as a foreigner
Yes, foreigners can buy property in Mexico.
Outside the restricted zone they may acquire directly, subject to applicable procedures. For residential purposes within the restricted zone, an authorized bank trust is commonly used.
- Near coasts and borders
- The Mexican Constitution establishes a restricted zone extending 100 km along borders and 50 km along coastlines.
- Residency
- Property investment of ~$220,000 USD (amount varies by exchange rate) can qualify you for Temporary Residency.
- Taxes and closing costs
- They depend on the state, the municipality and the property itself, so there is no single national figure. Ask the agent or our Concierge for an estimate on this home.
- Financing
- Financing for foreign buyers exists, but depends on the lender, residency, income, credit profile, down payment, location and property type.
How buying works
Legal due diligence
Verify ownership, deed, liens, land use, property tax, water accounts, condominium regime and applicable permits.
Offer and contract
Define price, currency, deposits, conditions, timelines and default consequences.
Permit or trust
Determine whether direct acquisition, a Foreign Affairs permit or a restricted-zone trust applies.
Notarial closing
The notary formalizes the transaction, calculates or withholds applicable charges and handles registry filing.
This information is general and educational. Legal, tax, immigration and purchase requirements may change and should be verified with a notary, attorney or authorized adviser in the state where the property is located. Research last reviewed July 2026.
Amenities
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$16,324
