Skip to content

Two-bedroom apartment in Montebello, Mérida, Yucatán.

Calle 12, Mérida, Yucatán, México

$233,605≈ MX$4,350,000

For Sale
  • 2Bedrooms
  • 2Bathrooms
  • 1,130 sq ftLiving area
  • 1,464 sq ftLot area
  • 2Parking spaces

About this home

M10 apartments in a prime location in the Montebello neighborhood, north of Mérida, in a residential area just 5 minutes from Altabrisa and Star Médica Hospital, and 10 minutes from Plaza City Center. The only development with a living park located on the fourth level, offering an incredible view of the city. READY. Location: Montebello. Floor Area: 105 m². MODEL D (Level 2). SINGLE-STORY. *2 parking spaces. *Living-dining room. *Guest half-bath. *Kitchen. *2 bedrooms, each with a walk-in closet and en suite bathroom. *Utility area. FINISHES AND AMENITIES: *Granite kitchen countertops. *Electric grill. *Electric water heater. *Marble countertops in bathrooms. *Marble floors. AMENITIES: *Reception area *Two elevators *Gym with treadmills, elliptical machines, Pilates balls, and dumbbells *Landscaped park with tables for coffee, benches for reading, and a grill area. *Workspace equipped with Wi-Fi, meeting room, desks, waiting area, and smart TV. LOANS ACCEPTED: *Bank loans. *Personal funds. WE’LL HELP YOU PROCESS YOUR LOAN. PAYMENT METHOD: *A Letter of Intent to Purchase is signed with a 15% down payment, and the balance is due upon delivery when the Deed is signed. *PRICE UPDATED AS OF AUGUST 26, 2025* * DOES NOT INCLUDE DEED REGISTRATION FEES. * THE PRICE IS UPDATED IN ACCORDANCE WITH NOM 247 SE 2021. *PRICES AND CONDITIONS SUBJECT TO CHANGE WITHOUT PRIOR NOTICE. Inmobiliaria Yucatan is a company located in the city of Mérida, founded by young entrepreneurs with experience in the real estate industry. Our mission is to meet our clients’ needs when buying, selling, or renting real estate, offering the best options on the market with professional, personalized, and honest service.

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.

$233,605

Concierge