House - Downtown Mérida
$696,778≈ MX$13,000,000
- 25Bedrooms
- 7Bathrooms
- 16,307 sq ftLot area
About this home
HOUSE IN THE HISTORIC CENTER OF MÉRIDA. ESPERANZA NEIGHBORHOOD Ideal for a boutique hotel or corporate offices. Lot size: 1,514.98 m² (28.10 m frontage x 50.80 m depth) Building area: 717.18 m² Layout: -Entrance hall -Spacious living room -Spacious dining room and breakfast nook -Fully equipped kitchen with countertop, lower and upper wooden cabinets -4 bedrooms with walk-in closets featuring shelves, luggage racks, drawers, and wooden doors. -Maid’s quarters with full bathroom -6 full bathrooms -1 half-bath for guests -Laundry area -Family room / Lounge or TV area -Covered rear terrace -Spacious back terrace -Garden with a pool -Storage room and pool bathrooms -Garage An excellent opportunity for investors and builders! We’re your partners in real estate We’re dedicated to providing real estate services. Listing, sale, and transfer of all types of properties: homes, residences, beachfront lots, residential lots, and agricultural land. Construction and remodeling
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
Indoor & Comfort
- Walk-in Closet
- Service Bathroom
Outdoor & Recreation
- Garden
- Terrace
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$696,778
