Land for sale at the intersection of Palmas McArthur Street and Arco Norte, Las Palmas II Subdivision, Lot C3940
$91,348≈ MX$1,701,000
- 5,231 sq ftLot area
About this home
Great opportunity! An excellent investment opportunity: land for sale bordering two streets and a main avenue, with an excellent location and potential—it will be your best investment... ACCORDING TO BUILDING CODES AND RESTRICTIONS IN THE CANCÚN CITY CENTER Land Use: Mixed-Use Primary Corridor Code: MCP Net Density: 1 story * per 40 m² of lot area Lot Area (m²): 486 Minimum Lot Frontage: 16 Maximum Stories: 5 Max. Mezzanine Height (m): 3.5 COS: 70% CUS: COS * STORIES Road Condition: Paved Area Utilities: Water and Electricity. Dimensions: 18*27 LOT # 5 RD C3940 Century 21 Caribbean Paradise
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.
$91,348
