Lot - Progreso
$2,040,685≈ MX$38,000,000
- 15,823 sq ftLot area
About this home
Excellent commercial property located in downtown Puerto Progreso, Yucatán. Suitable for building a home or commercial premises. Excellent location; all utilities are available. Located on a street lined with businesses. Paperwork is in order and the property is ready for the deed to be executed. REQUIREMENTS The rental cost is sixty-five pesos per square meter plus VAT if an invoice is required. - 1 month’s security deposit - 1 month’s key money - Payment for preparation of a one-year eviction agreement, including attorney and notary fees. - If you wish to renew the following year, the contract will be made between private parties. PRICE CURRENT AS OF NOVEMBER 4, 2026 *The price does not include notary fees, costs associated with credit transactions or other forms of purchase, or taxes incurred at closing. *All illustrations are graphic representations intended to provide an image close to the final product and may be subject to adjustments or modifications. Decorations, furniture, light fixtures, and accessories used are not included in the delivery, unless it is stipulated in writing that they are part of the final delivery. REAL ESTATE LICENSE NUMBER: REAI-INSEJUPY-A-00041
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
- Service Bathroom
- Study / Office
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$2,040,685
