Land for sale on PRIVADA CABO NORTE, next to Plaza La Isla in Temozón Norte, Mérida, Yucatán
$188,791≈ MX$3,515,520
- 4,133 sq ftLot area
About this home
RESIDENTIAL LOTS FOR SALE IN CABO NORTE (GAETA RESIDENCIAL) with a prime location and exclusive amenities. In northern Mérida—the city with the best quality of life in Mexico—lies CABO NORTE, the only development where every space blends seamlessly with nature in perfect harmony. GAETA RESIDENCIAL is part of the planned community of Cabo Norte. Here you’ll find natural lakes, themed parks, beautiful gardens, and nature trails—allowing you to live in close contact with nature without sacrificing the comforts of modern life: the largest shopping mall in southeastern Mexico (La Isla Mérida Cabo Norte), the Enrique de Ossó Teresian School, the Sports World Cabo Norte gym, El Faro Hospital, beaches, and nearby highways. DELIVERY SUMMER 2022. PRICE WITH 18-MONTH PAYMENT PLAN. Location: Temozón Norte (Cabo Norte). 384 m² lot. CABO NORTE AMENITIES: • Pet Park • Adult Park • Aqua Park • Baby Park • Clubhouse • Fitness Start • Espina Verde • Living Lakes FINANCING OPTIONS ACCEPTED: *Bank loans. *Personal funds. PAYMENT METHOD: *$20,000 pesos deposit valid for 7 business days (non-refundable). *A Letter of Intent to Purchase is signed with a 20% down payment and the remaining 80% divided over 18, 24, or 36 months. *PRICES AND TERMS ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE. Inmobiliaria Yucatan is a company located in the city of Mérida, founded by young entrepreneurs with experience in the real estate industry. Our mission is to meet our clients’ needs in the purchase, sale, or rental of real estate, offering the best options on the market with professional, personalized, and honest service.
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.
Amenities
Security
- 24/7 Security
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$188,791
