Land for Sale in Cancún in the Villa Magna Residential Complex, Across from a Green Space
$374,305≈ MX$6,970,000
- 7,610 sq ftLot area
About this home
A prime lot located in Residencial Villa Magna, one of the most exclusive and high-appreciation residential communities in Cancún. This lot boasts an incredible location, where the future home will enjoy morning sun on the terrace, preventing the house from overheating. It faces a green space (the front green space is a park and cannot be used for construction), making it one of the most attractive lots on the block. Area: 707.3 m2 COS: 1.5 CUS: 0.6 VILLA MAGNA AMENITIES: - Gardens and spacious playgrounds - Bike path - Parks on every street - Mini-golf course - 24/7 security with double guardhouses on both Colosio Ave. and Huayacán Ave.
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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$374,305
