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House - Renovation

Avenida Teopanzolco 412, Cuernavaca, Morelos, México

$1,612,964≈ MX$30,000,000

For Sale
  • 4Bedrooms
  • 2Bathrooms
  • 8,073 sq ftLot area
  • 5Parking spaces

About this home

This property is located on one of Cuernavaca’s busiest, most sought-after, and highest-traffic commercial thoroughfares; this property on Avenida Teopanzolco, near the corner of Reforma, is the perfect canvas for corporate offices, clinics, schools, showrooms, large-scale and cultural events, or mixed-use development projects. ???? Areas and Spaces Lot: 750 \text{ m}^2 Building: 950 \text{ m}^2 distributed across spacious, adaptable areas. ???? Electrical and Industrial Infrastructure Power: Three-phase electricity. Voltage: Supply available at 220 V and 110 V (ideal for machinery, high-density office equipment, or HVAC systems). Solar Panels ???? Water and Sanitation System Storage Capacity: 10,000 \text{ liters} total. 6,000 \text{ liter} cistern. 3 water tanks with a total capacity of 4,000 \text{ liters}. Drainage and Sanitation: 2 separate septic tanks (one on the upper level and one on the lower level) that ensure excellent waste management. 1 septic tank exclusively for soapy water (graywater). ???? Legal Status Land Use: Mixed-use (Commercial/Residential), which opens up an endless range of business possibilities. Contact me for more information.

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

  1. Legal due diligence

    Verify ownership, deed, liens, land use, property tax, water accounts, condominium regime and applicable permits.

  2. Offer and contract

    Define price, currency, deposits, conditions, timelines and default consequences.

  3. Permit or trust

    Determine whether direct acquisition, a Foreign Affairs permit or a restricted-zone trust applies.

  4. 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.

$1,612,964

Concierge