House for Sale in La Florida, Álvaro Obregón - Ideal for an Institutional Project
$1,342,563≈ MX$25,000,000
- 4Bedrooms
- 4Bathrooms
- 7,890 sq ftLot area
- 3Parking spaces
About this home
(NAN) Property for sale in one of the most traditional neighborhoods with the highest appreciation potential in southern Mexico City. Located on a quiet, tree-lined street, this property represents an excellent opportunity for developers, investors, or companies looking to build a new project in a strategic and well-established location. It currently features an office building; however, the property’s greatest value lies in the land itself and the development potential offered by the area. Features: 733 m² of land 380 m² of existing structure Ideal frontage for a residential or corporate project Garden of approximately 40 m² Parking for 2 cars The property is situated in a prime location in the southern part of the city, surrounded by major roads, services, green spaces, and high-demand residential areas. Ideal for: Residential home project Schools Retirement home Corporate offices / Coworking spaces Embassies Notary offices A strategic opportunity to acquire a lot in one of Mexico City’s most stable and rapidly growing real estate markets.
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
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$1,342,563
