Land for Sale in Toluca, San Martín Toltepec
$718,468≈ MX$13,378,740
- 96,003 sq ftLot area
About this home
An excellent investment opportunity for industrial, manufacturing, logistics, or commercial development projects. This lot, which fronts two streets, stands out for its prime location within a rapidly growing area with excellent connectivity. It is located 1.6 km from the Toluca–Ixtlahuaca highway, near the Palmillas Market, 3.9 km from CEDIS Coppel, and 3 minutes from Humar Park. It is surrounded by industrial parks, businesses, and residential areas, ensuring excellent accessibility and a readily available workforce. The property has a public deed, is free of liens, and is connected to municipal water, sewer, and electricity, as well as cable, telephone, and Internet services. Land Use: H.417.A Permits the construction of: RETAIL OF BASIC PRODUCTS AND SERVICES RETAIL OF SPECIALIZED PRODUCTS AND SERVICES RETAIL OF CONSTRUCTION MATERIALS, SALE AND/OR RENTAL OF CONSTRUCTION EQUIPMENT ESTABLISHMENTS PROVIDING FOOD SERVICE AND SELLING ALCOHOLIC AND NON-ALCOHOLIC BEVERAGES SCHOOLS RELIGIOUS FACILITIES RECREATIONAL AND SPORTS FACILITIES Total area: 9,174.45 m2 Usable area: 8,919.16 m2 Price per m2: $1,500 Total price: $13,378,740 Deed **Prices and availability subject to change without prior notice** May be purchased with personal funds or financing Each party will be responsible for the applicable taxes related to the sale and purchase. A confidentiality agreement and letter of intent must be signed prior to the contract In credit transactions, the total price will be determined based on the variable amounts of the credit terms Notary fees must be covered by the purchasing party, in accordance with section 5.6.7 of NOM 247. The price does not include deed registration fees, appraisal fees, administrative processing fees, loan origination fees, insurance, income tax on the purchase, or VAT, nor does it include the furniture, appliances, and artwork shown in the photographs. The aerial images are for illustrative purposes only and do not represent the actual area of the property, nor its dimensions or boundaries. Contact us for more information and to schedule a visit!
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.
$718,468
