Land for Sale in Morelos, Palmira Tinguindin, Cuernavaca
$1,881,265≈ MX$35,000,000
- 56,521 sq ftLot area
About this home
RC5780. An extraordinary property with unlimited development potential located on the iconic Avenida Palmira, one of the areas with the greatest tradition, added value, and strategic traffic flow in the City of Eternal Spring. With a prime land area of 5,251 square meters and an almost regular layout, this lot serves as an ideal canvas for high-impact projects. The property stands out for its valuable H5 zoning designation, which opens up a wide range of profitable possibilities, from the creation of an exclusive private luxury residential development to the establishment of a business or service center. Given its premium location, the site is ideal for establishing convenience stores, pharmacies, medical offices, educational institutions, or top-tier restaurants, benefiting from its immediate proximity to schools, shopping centers, and prestigious sports facilities. Currently, the lot features a moderate density of mature trees that add freshness and character to the surroundings without hindering future construction. The existing infrastructure totals 685 square meters of construction, including a spacious two-story main house with a library, office, wine cellar, and four bedrooms, as well as a detached bungalow with two bedrooms, service areas, and two water tanks totaling 70,000 liters of water. Although outdoor amenities such as the pool, tennis court, and storage buildings require a complete renovation, the true value lies in the size of the lot, the versatility of its permits, and the unbeatable connectivity that Cuernavaca offers in this southern area. This is a unique opportunity for investors seeking to capitalize on the demand for premium services and housing in a location that guarantees visibility and a return on investment. A key added value is the solid 685-square-meter main structure; thanks to its versatile layout and stately spaces such as the library, wine cellar, and spacious rooms, this structure can be repurposed as a spectacular clubhouse for a residential development or transformed into the flagship building for a high-end restaurant, corporate offices, or a specialized clinic. * Payment terms: 10% down payment upon signing the preliminary purchase agreement and 90% upon signing the deed before a notary. *The prices listed on the website are for cash transactions and do not include notary fees, which may vary depending on the notary office chosen for the deed. In this specific case, the purchase can only be made with the buyer’s own funds.
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.
$1,881,265
