Apartments for Sale in the Terana Development, Mérida—Pre-sale
$102,035≈ MX$1,900,000
- 1Bedrooms
- 1Bathrooms
- 614 sq ftArea
- 1Parking spaces
About this home
(ROJ) Located in the beautiful city of Mérida, which is known for its tranquility and quality of life and has been named one of the 10 safest cities in the world. The city has experienced steady growth, boasts a rich cultural and culinary heritage, and has attracted significant domestic and foreign investment in recent years. A development in the heart of Temozón comprising 39 beautiful apartments equipped with luxury finishes. The project features 24 one- bedroom apartments and 15 two- bedroom apartments. Top-Notch Amenities Gym Coworking Space Outdoor Grill Kitchen Swimming Pool Terrace Bar 24-Hour Security Type A Apartment Living/dining room Kitchen with breakfast bar Granite countertop Half guest bathroom Full bathroom 1 bedroom Semi-walk-in closet Type B Apartment Living/dining room Kitchen with breakfast bar Granite countertop Half-bath 2 full bathrooms 2 bedrooms Semi-walk-in closet Type C Apartment Living/dining room Kitchen with breakfast bar Granite countertop Half-bath 2 full bathrooms 2 bedrooms Semi-walk-in closet Laundry area Prices ranging from $1,900,000 to $2,670,000 20% down payment + 10% due in 18 months, with the remaining 70% due by August 2025. Accepted payment methods: bank transfer and personal funds The prices listed here are for reference only and do not constitute a binding offer; they may be modified by the developer at any time and without prior notice. Furthermore, the prices listed here do not include amounts associated with mortgage loans, nor do they include notary fees, duties, and taxes, which are determined based on the variable amounts of loan terms, notary fees, and applicable tax laws.
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
Indoor & Comfort
- Gym
Outdoor & Recreation
- Garden
- Terrace
- Balcony
Security
- 24/7 Security
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$102,035
