House in Downtown Mérida
$750,803≈ MX$14,000,000
- 4Bedrooms
- 5Bathrooms
- 6,825 sq ftLot area
About this home
**********A HOUSE STEEPED IN TRADITION IN THE PASEO MONTEJO NEIGHBORHOOD OF MERIDA********** Paseo Montejo is one of Mérida’s most iconic areas, known for its impressive colonial architecture and history. Paseo Montejo is a major tourist attraction in Mérida, which can offer additional income opportunities if you decide to rent your property to tourists or turn it into a tourism-related business. The house is traditional with high ceilings and is built with local materials such as limestone and masonry, which help keep the interior cool in summer and warm in winter. It has been renovated to transform the spaces into a pleasant and comfortable home. ROOMS • Living room. • Dining room. • Kitchen. • Laundry area. • Pantry. • 3 furnished bedrooms on the ground floor, each with cedar closets and a bathroom. • 1 bedroom on the upper floor with a full bathroom. • Utility room. • Full bathroom in the pool area. • Barbecue area with a palapa. • Pool measuring 4 m wide by 8 m long, with a waterfall. • Lapping lane measuring 1.40 m wide by 12 m long. Amenities: - 32 solar panels. - Appliances. - Hydropneumatic pump. Buying a property in the Pase Montejo area means owning a piece of the city’s history and enjoying the area’s unique architectural beauty.
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
Indoor & Comfort
- Walk-in Closet
- Laundry Room
- Half Bathroom
Outdoor & Recreation
- Garden
- Terrace
- Balcony
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$750,803
