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Land - San Ignacio Village

OLIVOS DE SAN IGNACIO (TERRENOS DE INVERSIÓN), Progreso, Yucatán, México

$7,236≈ MX$135,000

For Sale
  • 1Bedrooms
  • 3,229 sq ftLot area

About this home

OLIVOS DE SAN IGNACIO is a residential area with investment properties,  located between the police stations of Dzizilche and San Ignacio, which are part of the municipality of Progreso, Yucatán—one of the state’s main ports; It is located approximately 21 kilometers from the city of Mérida, to which it is connected via the Mérida-Progreso highway. This development offers significant appreciation potential due to the projects and attractions in the area, ensuring that your investment will continue to grow; PHULA, KANTÁRA, PUNTA MISNÉ, ALENA RESIDENCIAL are some of the developments already in the area, as well as attractions such as the FORO GNP, the RACETRACK, the ARCHAEOLOGICAL SITE, and UNIVERSITIES—not to mention its proximity to the beach and the city’s best shopping centers. AMENITIES - Completion in 48 months - Title transfer in 9 months - High appreciation potential - Main entrance road - Boundary markers - Paved streets - Green spaces 15% DOWN PAYMENT FINANCING CASH                         $ 290 m2 18 MONTHS                               310 m2 24 MONTHS                               330 m² 36 MONTHS                               340 m² 48 MONTHS                              380 m2 PRICES AND AVAILABILITY SUBJECT TO CHANGE WITHOUT PRIOR NOTICE

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

  1. Legal due diligence

    Verify ownership, deed, liens, land use, property tax, water accounts, condominium regime and applicable permits.

  2. Offer and contract

    Define price, currency, deposits, conditions, timelines and default consequences.

  3. Permit or trust

    Determine whether direct acquisition, a Foreign Affairs permit or a restricted-zone trust applies.

  4. Notarial closing

    The notary formalizes the transaction, calculates or withholds applicable charges and handles registry filing.

Read the full Mexico guideAsk our Concierge about this home

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.

$7,236

Concierge