Land for Sale in Downtown Toluca, One Street Away From the Alameda
$965,546≈ MX$18,000,000
- 10,559 sq ftLot area
About this home
Excellent location, just one block from Toluca’s Alameda Central. Ideal for developers looking to build an apartment building, office building, or use the property as a parking lot. Land Use Designation: H.200/60.V Lot Size: 981 m2 Price: $18,000,000 **Prices and availability subject to change without prior notice** Deed registration fees and taxes, as well as any charges related to financing, are NOT included in the sale price. Furniture, appliances, and artwork shown in the photographs are also not included Each party will be responsible for the applicable taxes on the sale and purchase. A confidentiality agreement and letter of intent must be signed prior to the contract. Contact us for more information and to schedule a visit! The aerial images are for illustrative purposes only and do not represent the actual area of the property, nor do they reflect its exact dimensions or property lines.
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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$965,546
