House for Sale in Petén, Narvarte - Needs Remodeling
$856,976≈ MX$16,000,000
- 4Bedrooms
- 2Bathrooms
- 3,261 sq ftLot area
- 3Parking spaces
About this home
(MAG) House for sale, ready for remodeling, located on a tree-lined street in the Benito Juárez district, with excellent connectivity and immediate access to Av. Universidad. The property sits on a 303 m2 lot and has a floor area of 469 m2. It features a functional layout and spacious interior areas, including a living room, a dining room with a view of the front yard, a kitchen, utility areas, and 4 bedrooms. Thanks to its physical characteristics, dimensions, and location in a high-demand area with strong appreciation potential, the property offers significant potential for renovation and capital appreciation. Ideal for a residential remodeling project or a medium-term investment in one of the best-connected areas of Benito Juárez. Features: 303 m² of land Approximately 449 m² of floor area 4 bedrooms Living and dining room with a view of the garden Front yard Spacious kitchen Utility area Tree-lined street Excellent connectivity Immediate access to Av. Universidad
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
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$856,976
