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Zero-level terrace apartment

TERRAZAS ZERO, Morelia, Michoacán, México

$187,745≈ MX$3,500,000

For Sale
  • 915 sq ftArea

About this home

Apartment for Sale – Terrazas Zero, Tres Marías, Morelia Located in one of the fastest-growing areas with the highest appreciation potential, just 5 minutes from shopping malls.  Price: $3,500,000  Features  2 bedrooms  2 full bathrooms  Living room – dining room  Fitted kitchen  Terrace  Laundry area  2 parking spaces  Ideal for living or investing, with an excellent location and modern surroundings.  Schedule your appointment to see it. 4432068251

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.

$187,745

Concierge