House for Sale in La Ermita, Downtown Mérida, Yucatán
$434,988≈ MX$8,100,000
- 3Bedrooms
- 3Bathrooms
- 3,100 sq ftLiving area
- 3,551 sq ftLot area
- 1Parking spaces
About this home
HOUSE IN DOWNTOWN MÉRIDA (ERMITA) 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. EXCELLENT OPTION FOR AIRBNB, as it is located in downtown Mérida near family entertainment areas, restaurants, and several hospitals. READY TO MOVE IN Location: Downtown Mérida (Ermita) Lot Size: 329.90 m² (9.6 x 36.9) Building Area: 288 m². ALL ON ONE FLOOR * Garage with automatic gate for one vehicle. * Entryway / Living room. * Kitchen / Dining room. * Laundry room. * Space for 3 bedrooms arranged in a horseshoe layout, each with a bathroom and closet. * Half-bath for guests. * Spacious terrace with a thatched roof (zapote wood and French tiles). * Swimming pool. * Utility room. FEATURES * Completely restored facade. * Main entrance doors and windows in cedar with wrought-iron hardware. * Polished mosaic tile flooring in 20 x 20 cm format. * Kitchen with granite island and countertop, complete cabinetry, refrigerator, and stove included. * Laundry room equipped with a washer and dryer. * Complete cabinetry in closets and bathrooms. * Air conditioning in the bedrooms. * Fans on the terrace and in common areas. * Swimming pool with a Chukum finish. * Helvex brand faucets. 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 in the purchase, sale, or rental of 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.
$434,988
