Apartments north of Mérida, a high-yield area
$278,915≈ MX$5,200,000
- 3Bedrooms
- 3Bathrooms
- 2Parking spaces
About this home
2-bedroom apartments with custom cabinetry in the kitchen; located near Plaza Galerías and the Siglo XXI Convention Center. GROUND FLOOR: -Second bedroom with full bathroom and closet area -Master bedroom with full bathroom and walk-in closet -Laundry area UPPER FLOOR: -Kitchen with custom cabinetry -Dining room -Living room -Guest half-bath -Second bedroom with full bathroom and closet area AMENITIES: -Swimming pool -Sun deck -Covered social area -Play area -Controlled access -Elevators -Private parking DELIVERY: January 2025 (ask your URBANOVA advisor about other delivery dates) RESERVATION FEE: $50,000 MXN DOWN PAYMENT: 10% ACCEPTED PAYMENT METHODS: -Personal funds -Bank loan -Cofinavit *Price and dimensions based on apartment PH-72 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 as of November 8, 2024* UND1185
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.
Amenities
Outdoor & Recreation
- Balcony
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$278,915
