New House for Sale on 3 de Mayo Street
$160,570≈ MX$2,990,000
- 3Bedrooms
- 2Bathrooms
- 1,292 sq ftLiving area
- 1,313 sq ftLot area
- 2Parking spaces
About this home
PRE-SALE OF A HOUSE IN A CONDOMINIUM – COLONIA 3 DE MAYO, CUERNAVACA, MORELOS Live in a quiet area with an excellent location in the southeastern suburbs of Cuernavaca, just 1 hour and 30 minutes from the Tlalpan toll plaza, 3 hours from Acapulco, and 15 minutes from downtown Cuernavaca. Within easy reach, you’ll find shopping centers such as Forum, Averanda, and Galerías Cuernavaca, schools, and the Emiliano Zapata hospital district just 10 minutes away. Location: Northern section of the 3 de Mayo neighborhood, 10 minutes from the Cuernavaca–Acapulco highway. Paved street, wide sidewalk, natural greenery, and utilities including water, sewer, and electricity. Condominium Features: 10 homes in total Security booth 2 parking spaces per home Property Layout (120 m²; private construction area): Ground Floor: 2 parking spaces Utility room Pool with chukum finish (2.10 x 2.90 m) Terrace Living room, dining room, kitchen, and pantry Full bathroom Bedroom or study with terrace Upper floor: Master bedroom with terrace, walk-in closet, and full bathroom Second bedroom Storage closet Rooftop: Concrete sink and bench Laundry room Linen closet Rooftop area for washing and drying 1,100-liter water tank 10-tube solar water heater Slightly sloped lot (approx. 3 m) offering views of the sunset and the Cuernavaca Valley. All documentation in order. Ideal for living or investing in one of Cuernavaca’s areas with the highest appreciation potential. Homes are delivered move-in ready—just give us a call! Payment terms: 10% down payment upon signing the preliminary purchase agreement and 90% upon signing the deed before a notary. The prices listed on the website are for cash transactions and do not include notary fees, which may vary depending on the notary chosen to execute the deed. For mortgage transactions, the total price will be determined based on the variable amounts of mortgage charges and notary fees, which must be discussed with the company.
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
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$160,570
