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Apartments for SALE in Col. La Otra Banda, Álvaro Obregón, Mexico City

La Otra Banda, Álvaro Obregón, Ciudad de México, México

$445,729≈ MX$8,300,000

For Sale
  • 3Bedrooms
  • 3.5Bathrooms
  • 1,509 sq ftLiving area
  • 2Parking spaces

About this home

Apartments available for immediate occupancy have the following features: - Apartments ranging from 140.19 m² to 143.68 m² - 3 bedrooms - 3.5 bathrooms - 2 parking spaces - Maid's quarters The square meters listed include an 11 m² balcony/terrace. Prices range from $8,294,200.00 to $8,851,400.00 Amenities: • Multipurpose room • Playroom • Shared rooftop garden • Security • Elevator Exclusive apartments in San Jerónimo with only 4 stories, modern design, and the finest luxury finishes you’ll find in the area. Located on a quiet street between two condominiums, they offer excellent views and are free from traffic noise. 2 towers, elevators, 24-hour security, convenient access to major roads, very close to Ciudad Universitaria and El Pedregal. • In real estate transactions, the buyer must factor in additional costs beyond the purchase price to cover notary fees, taxes, duties, and other charges billed by the notary public based on the transaction value. • All information and measurements provided are approximate and must be verified with the relevant documentation; they do not constitute a contractual commitment on the part of our company. The expenses listed are based on the most recent information available and are subject to confirmation. Photographs are neither binding nor contractual. • Privacy notice on our website

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.

$445,729

Concierge