Apartment for sale in Temozón Norte, Mérida, Yucatán
$160,838≈ MX$2,995,000
- 2Bedrooms
- 2Bathrooms
- 871 sq ftLiving area
About this home
MONARCA APARTMENTS are now available for presale. They boast an excellent location in Temozón Norte, a residential area with significant short-term appreciation potential, just 3 minutes from Plaza Altabrisa, 30 minutes from Progreso Beach and Chicxulub, and a few minutes from the major universities. Location: Temozón Norte. Floor Area: 81.05 m². Levels 1, 2, and 3. **WITH 2 ELEVATORS** ON THE SAME FLOOR *Living-dining room. *Kitchen. *Balcony with terrace. *Laundry area. *Master bedroom with walk-in closet and bathroom. *Second bedroom with closet. *1 full bathroom. AMENITIES: *Elevators. *24-hour security. *Gym. *Grill area. *Roof terrace with pool and lounge chairs. *Package storage area. *Parking space for each apartment. *Meeting room. *Coworking/business center. *Living terrace. *Bar lounge for social events. *Outdoor service bar. ACCEPTED FINANCING OPTIONS: *Bank loans. *Personal funds. *IMSS. *Pemex. *Banjercito. *ISSFAM. *UADY. *COFINAVIT. PAYMENT METHOD: *A $20,000 deposit secures the unit. *A Letter of Intent to Purchase is signed with a 15% down payment, and the balance is due upon delivery of the deed. * DEEDING FEES ARE NOT INCLUDED. * THE PRICE IS ADJUSTED IN ACCORDANCE WITH NOM 247 SE 2021. *PRICES AND CONDITIONS ARE 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 in the purchase, sale, or rental of 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
Legal due diligence
Verify ownership, deed, liens, land use, property tax, water accounts, condominium regime and applicable permits.
Offer and contract
Define price, currency, deposits, conditions, timelines and default consequences.
Permit or trust
Determine whether direct acquisition, a Foreign Affairs permit or a restricted-zone trust applies.
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.
$160,838
