Hermenegildo Galeana Field (Downtown Toluca)
$1,342,556≈ MX$25,000,000
- 4Bedrooms
- 1Bathrooms
- 3,832 sq ftLot area
About this home
Investment Opportunity in Toluca’s Historic Center. Located just a few steps from Los Portales, this property represents one of the best development opportunities in the heart of the city. Key Features: +Three commercial units on the ground floor, ideal for generating immediate income. +Spacious interior courtyard with a metal roof and exposed beams. +First-floor apartment with 4 bedrooms, a full bathroom, and a laundry area. +Rooftop ready to be used as an expansion area. +Zoning for residential and commercial use, with the potential to build up to 6 stories. Development Potential: Construction of corporate offices. Residential development for sale or rent. Mixed-use spaces with retail units and apartments. Its strategic location in the heart of Toluca guarantees high appreciation potential, a constant flow of people, and excellent commercial visibility. Ideal for investors looking to maximize their capital in a high-growth area. Equity financing only. Don’t miss this unique investment opportunity in the heart of Toluca! Schedule your 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.
$1,342,556
