House for Sale in Downtown Mérida, Yucatán
$429,618≈ MX$8,000,000
- 3Bedrooms
- 3Bathrooms
- 2,679 sq ftLiving area
- 2,053 sq ftLot area
About this home
Completely remodeled house in La Ermita, within Mérida’s historic center. For sale in an excellent location—10 minutes from the Cathedral, 3 minutes from Parque de la Plancha, 6 minutes from Paseo Montejo, and 45 minutes from Progreso Beach. READY TO MOVE IN Location: Ermita Centro Lot Size: 190.72 m² (6.6 x 28) Building Area: 248.92 m² GROUND FLOOR * Living/Dining Room with 6 m ceiling height * Kitchen with cabinetry and granite countertop * Bedroom with 6 m ceiling height and en suite bathroom * Swimming pool with waterfall * Covered terrace * Guest half-bath UPPER FLOOR * Skylight and entryway * Master bedroom with walk-in closet, bathroom, and covered terrace with tile roof * Secondary bedroom with walk-in closet, bathroom, and covered terrace with tile roof FEATURES * Completely restored facade. * Main entrance doors and windows made of cedar with wrought-iron hardware. * Polished mosaic tile flooring in 20 x 20 cm format. * Kitchen with cabinetry and granite countertop; all cabinetry made of caobilla wood. * All cabinetry in closets and bathrooms made of caobilla wood planks. * Swimming pool with Chukum finish and waterfall. * Helvex brand faucets. * Wrought-iron staircase with parota wood treads. * Zapote wood eaves with French-style roof tiles LOANS ACCEPTED: * Bank loans. * Personal funds. PAYMENT TERMS: * A Letter of Intent to Purchase is signed with a 20% down payment, and the balance is due upon signing the Deed. * DEED EXPENSES ARE NOT INCLUDED. * THE PRICE IS ADJUSTED IN ACCORDANCE WITH NOM 247 SE 2021. *PRICES AND CONDITIONS SUBJECT TO CHANGE WITHOUT PRIOR NOTICE. Inmobiliaria Yucatan is a company located in the city of Mérida, founded by young entrepreneurs with experience in the real estate industry. Our mission is to meet our clients’ needs when buying, selling, or renting real estate by offering the best options on the market with professional, personalized, and honest service.
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.
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$429,618
