House in Reforma
$208,329≈ MX$3,900,000
- 9Bedrooms
- 7Bathrooms
- 1,938 sq ftLot area
- 2Parking spaces
About this home
House for Sale (Needs Renovation) in the Reforma Subdivision, Veracruz Multiple uses · High investment potential · Strategic location Price: $3,900,000 MXN Location: Reforma Subdivision, Veracruz General Description Excellent investment opportunity in one of Veracruz’s most historic and high-value areas. This three-story property is ideal for remodeling and developing a mixed-use project, whether for apartment rentals, offices, medical offices, or multifamily housing. Thanks to its layout and separate entrances, each level can be used independently, maximizing the property’s yield. Square Footage Lot: 180 m² (10 x 18) Building: 420 m² Property Layout Ground Floor Garage for 2 compact cars Living room Dining room Kitchen 4 bedrooms 3 full bathrooms Maid’s quarters with full bathroom Second Level 2 independent apartments: Apartment 1: 2 bedrooms Apartment 2: 3 bedrooms Third Level Study area Recreation area Key Features Separate access to the second and third levels Ideal for subdividing and renting out as individual units Highly adaptable for various business uses Excellent option for investors Location and Access (within a 2 km radius) The Reforma neighborhood is a central, well-established area with excellent connectivity: Access to major avenues such as Av. Lafragua, Díaz Mirón, and Simón Bolívar Quick access to downtown, the waterfront, and commercial areas High foot traffic and constant flow Infrastructure and Nearby Businesses Within an approximate 2-km radius, you’ll find: Shopping plazas Plaza Mocambo Malls and service plazas Supermarkets Chedraui Soriana Bodega Aurrera Services Banks Hospitals and clinics Schools and universities Restaurants, cafes, and local businesses Nearby public transportation Investment Opportunity Price below previous market value High rental demand in the area Ideal for apartment development or mixed-use projects Excellent potential return on investment Important Prices subject to availability and change without notice Prices do not include notary fees Reference images Inquiries and Appointments For more information or to schedule a visit, contact us directly.
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
Outdoor & Recreation
- Balcony
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$208,329
