Land for Sale in Mérida, 2 Hac—Excellent Short-Term Investment—Mérida-Progreso Highway
$603,311≈ MX$11,234,366
- 232,500 sq ftLot area
About this home
This lot, which is the ideal size for a short-term investment, is surrounded by residential gated communities, as it is located just 3 minutes from the Progreso Highway, between the Blue Cedar residential gated community and Tapiola. The lot is specifically located next to the Ak'Bal Komchen development Due to its versatile location, it can be developed into a gated community, residential lots for building homes, or for other uses such as a school, a sports center, etc. Features: -Private property -Corner lot -Regular shape -Unpaved streets -Documentation in order and up to date. -Ideal for residential development Dimensions: 100 x 216 = 21,604.55 m². Area: North Legal status: Free of liens Delivery date: Immediate Sale price per m²: $520 pesos Total investment: $11,234,366 pesos NEGOTIABLE ?*Availability and price subject to change without prior notice. Updated monthly—please verify with the advisor. **The advertised price does not include notary fees, taxes, loan application fees, appraisals, maintenance fees, or any other administrative expenses incurred to complete the sale. ** The total price will be determined based on the variable amounts for loan and notary fees. Real experience, no shortcuts. No fine print, no broken promises—just a clear and honest process. Availability and price subject to change without prior notice. Updated monthly; please check with your advisor. The published price does not include notary fees, taxes, loan application fees, appraisals, maintenance fees, or any other administrative expenses incurred during the sale transaction. The total price will be determined based on variable loan and notary fees, which must be confirmed with the relevant developers, in accordance with the provisions of NOM-247-SE-2021.
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.
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$603,311
