House for Sale in Ciudad Satélite, Ready for Renovation | 712 m² Corner Lot
$724,984≈ MX$13,500,000
- 3Bedrooms
- 2Bathrooms
- 7,664 sq ftLot area
- 3Parking spaces
About this home
(ROJ) An excellent investment opportunity in one of the most established and high-value residential areas in the State of Mexico. Located on Fray Juan de Zumárraga Street in Ciudad Satélite, this corner lot sits on a spacious 712 m² plot, offering an extraordinary opportunity to remodel, modernize, or develop a custom residential project. The house features 362 m² of floor space distributed over two levels, spacious interior areas, and a large garden—features that are becoming increasingly rare in the area. Its layout and dimensions allow for multiple possibilities for architectural upgrades and optimal use of the land. Features: Lot: 712 m² Floor Area: 362 m² Corner lot 3 bedrooms 2 bathrooms 2 home offices Spacious garden Large storage room Housekeeper’s quarters 3 parking spaces Spread over 2 levels Its prime location offers immediate access to Periférico Norte, Gustavo Baz, and the main thoroughfares of Ciudad Satélite, as well as proximity to shopping centers, schools, and services. An excellent option for families or investors seeking asset value and appreciation potential in one of Naucalpan’s most established neighborhoods.
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
- Garden
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$724,984
