Residential Lot for Sale, Villa Magna, Cancún
$284,622≈ MX$5,300,000
- 7,470 sq ftLot area
About this home
This lot is very well located on one of Villa Magna’s most beautiful streets, as it features a park. Its rectangular (regular) shape allows for a design that makes the most of every square meter. RESIDENCIAL VILLA MAGNA is one of the single-family residential condominium complexes with the highest appreciation potential in Cancún. Villa Magna is laid out among well-organized streets, a main avenue with roundabouts and fountains, green spaces, and parks with walking paths among lush trees. 24/7 security and surveillance are a priority in the condominium. Visitor access is controlled. Villa Magna enjoys a prime location with access to two of Cancún’s main thoroughfares (Colosio Ave. and Huayacán Ave.), which connect to schools, shopping centers, restaurants, entertainment venues, and all the services you might need—all just minutes away.
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.
$284,622
