Land for sale in Temozón Norte near CABO NORTE
$873,735≈ MX$16,270,000
- 26,945 sq ftLot area
About this home
This 2,503.30 m² (48 x 51 meters) lot faces mostly onto the new avenue that runs from the Periférico to Cabo Norte, in the “Diamante” and university districts of Temozón Norte—one of the areas in northern Mérida that has seen the greatest increase in property value and will continue to do so in the coming years. It is located 800 m from the Periférico, and part of the lot lies along the avenue leading from Cabo Norte toward the Periférico. Very close to shopping centers, private schools, hospitals, and residential developments. It has all the necessary services and is ideal for developing either an apartment tower, office building, or townhouses. ***Selling price: $6,500.00 per m² ***Rental price: $150,000 per month **Property prices and availability are subject to change without prior notice. *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 fees, 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.
$873,735
