Land for Sale in Temozon Norte Near the SKY Building
$893,337≈ MX$16,635,000
- 27,547 sq ftLot area
About this home
Excellent opportunity for INVESTORS or DEVELOPERS. This lot is located on an unbeatable corner lot measuring 2,559.20 m² (50 x 51 meters) in the booming area known as “Diamante,” near the universities in Temozón Norte, which is one of the areas in northern Mérida that has appreciated the most in value and will continue to do so in the coming years. It is located 400 meters from the ring road and sits on a street that becomes an avenue and leads directly to Cabo Norte. Behind the iconic, exclusive, and renowned THE SKY building, it is very close to shopping centers, gated residential communities, and hospitals, and adjacent to apartment developments such as Erudita and Mirari. It offers all necessary services and is ideal for developing either an apartment tower, office space, and/or townhouses. For sale at a price of $6,500 MXN per m² Lease option available at a price of $150,000 MXN per month Location: Temozón Norte Total area: 2,559.20 m² Total Sale Price: $16,635,000 MXN Class: UNFINISHED Use: Building Lot **Property prices and availability are subject to change without prior notice *The reference images or renderings are for illustrative purposes only. *Furniture and/or decor are NOT included in the price. *Includes only the amenities mentioned in the description. *This price does not include taxes, appraisal, or notary fees *For transactions involving financing, the total price will be determined based on the variable amounts of financing charges and notary fees, which must be discussed with the developers, in accordance with the provisions of NOM-247-SE-2022.
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.
$893,337
