Land with a building for sale in a tourist area at the corner of 104th Street and 5th Avenue
$189,072≈ MX$3,500,000
- 2,368 sq ftLot area
About this home
220 m² Titled Lot – Just Steps from Avenida 5, Playa del Carmen • Property ID: P-0075 • 220 m² (10 m frontage x 22 m depth) • Bedrooms/Bathrooms/Levels: N/A – 2-story house in the front, unfinished structure in the back • Year: original construction, to be remodeled or cleared • Location: Calle 104 Norte between Avenida 5 and Avenida 10, Colonia Luis Donaldo Colosio Murrieta, Playa del Carmen • Key Selling Point: Fully titled by INSUS, one block from Avenida 5 • Room specifications: N/A – land value, redevelopment opportunity • HOA: N/A | Property tax: assessed by the municipal cadastre | Price: 3,500,000 MXN Property P-0075 offers 220 square meters of titled land on Calle 104 Norte, between Avenida 5 and Avenida 10. It is located within the Colonia Luis Donaldo Colosio Murrieta neighborhood in Playa del Carmen. The lot measures 10 meters wide by 22 meters deep. It is also one block from Avenida 5, the city’s main commercial corridor. A clean title from INSUS backs the property, registered with the Public Registry in August 2024. A two-story house currently occupies the front of the lot, with an unfinished outbuilding and an overgrown yard in the back. A buyer can remodel the house to convert it into rental units or clear the entire lot for new construction. The 10-by-22-meter footprint is suitable for an apartment building or a small tourism project. The flat, buildable terrain simplifies the design process. The property has no HOA fees, as it is maintained as a separate titled lot, not as a condominium unit.
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.
$189,072
