Land in Portales Oriente
$535,906≈ MX$10,000,000
- 2,465 sq ftLot area
About this home
House for SALE as Land, Portales Oriente, Benito Juárez, Mexico City A property located at Av. de los Montes 38, in the Portales Oriente neighborhood, within the Benito Juárez borough of Mexico City, is available for sale. The property is being marketed primarily as land, standing out for its excellent location in an established area with high housing demand and great potential for a residential development, comprehensive renovation, or real estate investment. Property Features • Suggested use: Sale as land • 229 m² • Corner lot with two street fronts • Location: 38 Av. de los Montes, Portales Oriente, Benito Juárez, Mexico City • Area with good connectivity, urban services, and proximity to major thoroughfares • Ideal for residential development, remodeling, or an investment project • High potential for capital appreciation due to its location in a central and well-established borough • Opportunity to maximize the property’s value through development, renovation, or a new residential project • Attractive location for the residential market due to its proximity to services, shops, transportation, and major thoroughfares • Strategic option for preserving wealth in an area with high real estate demand Commercial Information • Total Price: 10,000,000 MXN Location: https://www.google.com/maps/place/Av.+de+los+Montes+38,+Portales+Oriente,+Benito+Ju%C3%A1rez,+03570+Mexico+City,+CDMX/@19.3632428,-99.1413673,17z/data=!4m16!1m9!3m8!1s0x85d1fe4a1390e275:0x5c87e41762f9a1a8!2sAv. de los Montes 38, Portales Oriente, Benito Juárez, 03570 Mexico City,+CDMX!3b1!8m2!3d19.3633403!4d-99.1412388!10e5!16s%2Fg%2F11b8z8f8l2!3m5!1s0x85d1fe4a1390e275:0x5c87e41762f9a1a8!8m2!3d19.3633403!4d-99.1412388!16s%2Fg%2F11b8z8f8l2?entry=ttu&g_ep=EgoyMDI2MDgyNi4wIKXMDSoASAFQAw%3D%3D We are open to offers. If you would like more information, please do not hesitate to contact us. We will be happy to assist you. Learn more about this excellent investment opportunity in one of Mexico City’s most sought-after areas.
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
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$535,906
