Multifamily Lot for Sale - Paraguana Residential, 6,215.89 m² in Cancún, Quintana Roo C3891
$429,618≈ MX$8,000,000
- 6,690,722 sq ftLot area
About this home
Multifamily Lot for Sale - Paraguana Residencial, Cancún Location: Av. Galaxia del Sol, SM 254, between Av. Chak Mool and Av. Chetumal, Cancún. Total Area: 6,215.89 m² Maximum Permitted Stories: 4 COS: 60% CUS: COS × Number of Stories Undivided Share: 8.590% Boundaries: North: 81.55 meters plus 11.83 meters bordering Private Unit No. 09. South: 100.00 meters bordering Chetumal Avenue. West: 54.59 meters bordering Lot No. 431. To the East: 24.80 meters plus 10.10 meters bordering M-02 (common area). To the East: 6.44 meters plus 17.41 meters in a straight line (common area). To the east: 10.70 meters bordering Private Unit No. 11. This spacious 6,215.89 m² lot, zoned for multifamily use, is strategically located in the heart of Cancún, in the prestigious Paraguana Residencial neighborhoodand has an undivided share of 8.590%, making it an excellent option for residential developments. Located in a strategic area of Cancún, with direct access to major avenues, such as Chak Mool Ave. and Chetumal Ave., it is ideal for projects seeking to maximize residential potential in one of the city’s most in-demand areas. The lot has a Floor Area Ratio (FAR) of 60%, allowing for efficient use of the construction area. Furthermore, with a maximum of four permitted stories, it is ideal for the development of large-scale projects, such as residential condominiums or mixed-use complexes. With its generous boundaries and flexibility of use, this lot offers an unparalleled opportunity for investors seeking quality and a prime location in Cancún. MD C3891 Century 21 Caribbean Paradise
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.
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$429,618
