Residential Land for Sale in Progreso
$36,989≈ MX$688,772
- 4,361 sq ftLot area
About this home
In the heart of the northern part of Mexico’s Yucatán Peninsula lies a magical place called “GRAN CHAKA.” This eco-urban development is much more than just a residential real estate project; it is a dream come to life, blending the beauty of the coast and nature with a modern community. GRAN CHAKA’s iconic entrance is a welcoming gateway designed to make you feel at home, flanked by trees native to the region, inviting everyone to step into this haven of serenity and nature. Each lot at GRAN CHAKA is carefully demarcated, offering privacy and a space for investors to build their dream homes, inspired by local architecture that blends seamlessly with the surrounding landscape. The location of this development is truly privileged, as it borders prestigious residential developments—not to mention its proximity to the state’s best beaches, such as Chuburná, Chelem, and Progreso, where residents can enjoy the sea breeze, the sound of the waves, and beautiful sunsets whenever they wish. This creates a community for lovers of the sea and modern living. In addition, GRAN CHAKA is strategically located just 16 kilometers from the city of Mérida, providing easy access to all the amenities and services the city has to offer. 500 RESIDENTIAL LOTS Development with on-site electrical service. COMMERCIAL AREA *SPORTS AND SOCIAL CLUB (OPTIONAL WITH ADDITIONAL MEMBERSHIP FEE) BIKE PATH TREE-LINED TRAIL PAVED STREETS Phase 1: 164 residential lots / Phase 2: 168 residential lots / Phase 3: 168 residential lots Contact us for more information, current promotions, and details about this attractive investment project. Payment Terms: Deposit: 20,000,000 pesos. Total down payment: 20% of the land value. Balance payable over 60 months, interest-free **Processing Your Investment: No matter where you live, it’s now possible to make an excellent investment and quickly and formally sign your contract with us digitally—from wherever you are, including from another country. - Check availability, as updates are made monthly. *Reference images or renderings are for illustrative purposes only. *Furniture and/or decor are NOT included in the price. *Includes only the amenities mentioned in the description. *This price does not include taxes, appraisal, or notary fees *For credit transactions, the total price will be determined based on the variable amounts for credit terms and notary fees, which must be confirmed with the developers, in accordance with the provisions of NOM-247-SE-2022.
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.
Amenities
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$36,989
