Land for Sale in Cancún on Colosio Avenue: 9 Hectares and 66 Linear Meters
$20,245,741≈ MX$377,000,000
- 1,043,668 sq ftLot area
About this home
Location, visibility, and scale for high-impact projects. Facing Luis Donaldo Colosio Avenue, the main access road to Cancún, this 9-hectare plot offers one of the most prime locations in the city. With 66 linear meters of frontage and direct access to the mangrove forest and Nichupté Lagoon, it combines commercial visibility, a natural setting, and exceptional connectivity—just minutes from the airport, downtown, and the entrance to the Hotel Zone. Its CRU3 (Regional Urban Corridor) zoning allows for a wide range of large-scale uses and activities, making it ideal for commercial, corporate, tourism, or service projects seeking a strategic presence in Cancún’s fastest-growing and most valuable corridor. KEY FEATURES: - Total area: 96,690 m² (9.6 ha) BORDERING PROPERTIES: - North: Universidad de Oriente - South: Adjacent lot - East: Mangrove forest and Nichupté Lagoon - West: Luis Donaldo Colosio Avenue - Permitted height: up to 12 stories - Density: 120 housing units per hectare The CRU3 land use designation authorizes a wide range of high-value developments, such as: - Commercial: shopping centers, supermarkets, gas stations, restaurants, showrooms, offices. - Tourism: hotels, aparthotels, convention centers, exhibition spaces. - Education and healthcare: universities, hospitals, clinics, or research centers. - Sports and recreation: clubs, gyms, sports fields, or green spaces. - Corporate: offices, consulates, or logistics hubs. This property is not only an investment opportunity but also the starting point for creating a new commercial and urban landmark in Cancún.
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.
$20,245,741
