House for sale on a private street in Cholul with a double-height living room and dining room in Mérida, Yucatán.
$165,671≈ MX$3,085,000
- 2Bedrooms
- 1Bathrooms
- 1,410 sq ftLiving area
- 2,167 sq ftLot area
- 2Parking spaces
About this home
CUMBRES NOVONORTE will be a residential community featuring homes, lots, and apartments, spanning 35 hectares of fully fenced property with an access control gate. It includes 9 different gated communities, each with its own private access, surrounding the Grand Central Park with lush vegetation and amenities. Each gated community will feature a security booth and access control, a park and club lounge, wide low-speed avenues, pedestrian walkways, and bike paths. READY FOR OCCUPANCY, LOT 132, PHASE 2 *Monthly maintenance fee: 1,500 pesos. CERVINO MODEL. Location: Conkal. Lot size: 224 m². Living area: 131 m². GROUND FLOOR. *Covered garage for 2 cars. *Open-concept living and dining area with double-height ceiling. *Guest half-bath. *Kitchen with breakfast bar and granite countertops. *Laundry area. *Service hallway. *Storage room and pantry. UPPER FLOOR. *2 bedrooms, each with space for a closet. *1 bathroom. FINISHES: *Front yard *Pre-wiring for air conditioning, TV, telephone, and internet. *Perimeter fences. *Granite countertop in the kitchen. GATED COMMUNITY AMENITIES: *Each gated community will have its own amenities, and there is also a large central park with amenities for all 9 gated communities. *Sports courts. *Waterfall. *Central Park. *Playground. *Bridge. *Skate park. *Yoga area. *Children’s auditorium. *Bike path. *Walking paths. *Lounge Club. LOANS ACCEPTED: *Bank loans. *Fovissste for all. PAYMENT METHOD: *Deposit of 10,000 pesos (refundable within 7 calendar days; non-refundable thereafter). *Subsequently, a Letter of Intent to Purchase is signed with a 10% down payment, and the balance is due upon delivery. * DEED REGISTRATION FEES ARE NOT INCLUDED. * THE PRICE IS UPDATED IN ACCORDANCE WITH NOM 247 SE 2021. * PRICES AND CONDITIONS ARE 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.
Amenities
Security
- 24/7 Security
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$165,671
