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Lot for Sale in Cancún | Corner Lot for Commercial and Residential Use | C3942

Calle Leona Vicario, Cancún, Quintana Roo, México

$268,511≈ MX$5,000,000

For Sale
  • 26,910 sq ftLot area

About this home

Land for sale in Bonfil, Cancún, located on a corner lot within a rapidly growing area with high appreciation potential. This 2,500 m² property has a Mixed-Use Neighborhood (MB) zoning designation, ideal for residential, commercial, or mixed-use developments of up to 8 stories. Its excellent location and dimensions of 50 x 50 meters offer multiple construction and investment opportunities in Cancún. The lot has water and electricity services available in the area, as well as authorized density for up to 50 housing units. An excellent opportunity for developers and investors seeking growth potential and strategic connectivity. FEATURES - 2,500 m² - Mixed-use (MB) zoning - Up to 8 stories - Utilities available - High authorized density - Excellent commercial frontage - Potential for vertical development AMENITIES - High-appreciation area - Rapid urban growth - Proximity to major thoroughfares - Excellent connectivity - Ideal for investment - Urban services available - LOT #7 - RD C3942 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

  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.

$268,511

Concierge