Land for sale on a private street in Cholul, Mérida, Yucatán, 10 minutes from Altabrisa.
$39,754≈ MX$740,273
- 2,691 sq ftLot area
About this home
MORERA GATED COMMUNITY NORTH OF MERIDA MORERA is a residential complex designed to offer residents safety and peace of mind. It features 90 lots ranging from 250 m² to 350 m², almost all of which face north-south. It boasts a fantastic location just 20 minutes from the beach and 10 minutes from Plaza Altabrisa, El Faro Hospital, schools, and more. PRICE INCLUDES 12-MONTH FINANCING. Location: Cholul Lot Size: 10x25 (250 m²) AMENITIES: *Clubhouse *Swimming pool *Padel court *Children’s Playground *Sun Lounger Area SERVICES: *Concrete Streets *Drinking Water *Electrified Fence Around the Entire Perimeter *Tree-Lined Medians *CFE Electricity PAYMENT METHOD: *Personal Funds *A Letter of Intent to Purchase is signed with a 20% down payment and monthly payments over 12 or 18 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 when buying, selling, or renting 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.
$39,754
