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Apartment north of Mérida

Mérida, Yucatán, México

$91,115≈ MX$1,699,000

For Sale
  • 1Bedrooms
  • 1Bathrooms
  • 490 sq ftLiving area
  • 1Parking spaces

About this home

Experience contemporary luxury in this modern one-bedroom apartment in northern Mérida. With an elegant design and a private balcony, this space offers you the opportunity to live in style in one of the city’s best locations. APARTMENT LAYOUT: - Laundry area - Bedroom with closet and walk-in closet - Kitchen with granite countertop - Bathroom vanity and fixed shower enclosure AMENITIES: - Lower cabinets in the kitchen - Granite countertops in the kitchen - Electric grill AMENITIES: - Roof garden - Pet-friendly - Access to the Grand Real sports club - Retail spaces DELIVERY: March 2026 (Ask your URBANOVA advisor about other delivery dates) RESERVATION FEE: $20,000.00 MXN DOWN PAYMENT: 30% ACCEPTED PAYMENT METHODS: - Personal funds. - Bank loan *Price and dimensions based on the Level 2, Tower A, Unit #208 apartment in the development.* *In accordance with NOM-247-2021, the total price shown is determined based on variable amounts for notary and loan fees; these should be discussed with the developers in accordance with NOM-247-2021* *Updated on May 23, 2025* UND0024

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.

Amenities

Outdoor & Recreation

  • Terrace
  • Balcony

Lifestyle

  • Pet Friendly

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$91,115

Concierge