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House for Sale in Panzacola, Santa Catarina, Coyoacán Centro

Panzacola 59, Coyoacán, Ciudad de México, México

$1,066,689≈ MX$20,000,000

For Sale
  • 3Bedrooms
  • 2Bathrooms
  • 8,111 sq ftLot area
  • 4Parking spaces

About this home

BEAUTIFUL LATE-1960s-STYLE HOUSE IN NEED OF RENOVATION, WITH AN EXCELLENT LOCATION JUST A FEW METERS FROM PLAZA OASIS, AND A FEW MORE METERS TOWARD FRANCISCO SOSA, NEAR THE MIGUEL ANGEL DE QUEVEDO METRO STATION, VERY CLOSE TO AVENIDA UNIVERSIDAD,  ON A SINGLE STORY, SET AMID A GARDEN OF OVER 600  SQUARE METERS, FROM WHICH EVERY VIEW IS GREEN; IT HAS A FRONT TERRACE, AN OFFICE WITH ACCESS TO THE TERRACE AND INSIDE THE HOUSE, 3 BEDROOMS, 2 full bathrooms, a spacious living room with a fireplace, a large dining room opening onto the garden, a breakfast nook, a small sewing room, sewing room, a fully equipped kitchen, a pantry, and a patio. On the second level, there is a maid’s room and a laundry area, as well as parking for 4 or more cars,

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

  1. Legal due diligence

    Verify ownership, deed, liens, land use, property tax, water accounts, condominium regime and applicable permits.

  2. Offer and contract

    Define price, currency, deposits, conditions, timelines and default consequences.

  3. Permit or trust

    Determine whether direct acquisition, a Foreign Affairs permit or a restricted-zone trust applies.

  4. 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

  • Study / Office

Outdoor & Recreation

  • Garden
  • Terrace

Lifestyle

  • Pet Friendly

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$1,066,689

Concierge