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Home - Altozano

Altozano, Morelia, Michoacán, México

$347,874≈ MX$6,500,000

For Sale
  • 3Bedrooms
  • 3Bathrooms
  • 2,949 sq ftLot area

About this home

*SPACIOUS HOUSE FOR SALE IN  ALTOZANO JARDINES DEL VALLE* Lot size: 274.75 Mt²; Floor area: 188.63 Mt² 3-story single-family home: Open-air parking for 2 or 3 vehicles. Separate entrance to the garden. First level: study, half-bath, staircase, living-dining room, fully equipped kitchen, pantry, side service entrance, side hallway, open terrace, and backyard.  Second level: master bedroom with walk-in closet and full bathroom, balcony, foyer, stairwell, TV room, linen closet, and 2 bedrooms with closets and a shared full bathroom.  Third level: hallway, laundry area, maid’s quarters with full bathroom, service patio, and stairwell. The gated community features a swimming pool, landscaped areas, and a multipurpose hall. 24-hour security. *SALE PRICE $6,500,000.00* RENT $20,000.00

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

  1. Legal due diligence

    Verify ownership, deed, liens, land use, property tax, water accounts, condominium regime and applicable permits.

  2. Offer and contract

    Define price, currency, deposits, conditions, timelines and default consequences.

  3. Permit or trust

    Determine whether direct acquisition, a Foreign Affairs permit or a restricted-zone trust applies.

  4. 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.

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$347,874

Concierge