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Apartment for rent with an elevator, 5 minutes from Paseo Altozano

Villas del Monte, Morelia, Michoacán, México

$614/ month≈ MX$11,500

For Rent
  • 3Bedrooms
  • 1Bathrooms
  • 1,055 sq ftArea
  • 1Parking spaces

About this home

2 BEDROOMS: 98 m² Very close to schools and universities: UVAQ, VALLADOLID, THOMAS JEFFERSON, TEC DE MONTERREY Excellent location, 2 blocks from        Juan Pablo II Avenue   Very spacious with luxury finishes   2 bedrooms with closets  1 full bathroom and 1 half-bath  Spacious living and dining areas   Fully equipped kitchen  Utility patio, water cistern, and permanent gas line  Intercom   Elevator   Security cameras   Covered automatic garage for 1 car; monthly rent includes maintenance and WATER  Essential requirements: 1-year lease       year, security deposit and rent paid in advance, guarantor with        unencumbered property, 2       references; 11 promissory notes are signed for the        agreed-upon rent payments. Pets are NOT allowed  ????10,000 pesos per month (includes maintenance and water)

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.

Read the full Mexico guideAsk our Concierge about this home

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

  • WiFi

Security

  • 24/7 Security

Nearby Essentials

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

$614/ month

Concierge