One-Story House in Need of Renovation - V136
$456,879≈ MX$8,500,000
- 3Bedrooms
- 3Bathrooms
- 4,833 sq ftLiving area
- 12,411 sq ftLot area
- 4Parking spaces
About this home
Ask about the virtual tour of this home for sale and schedule an appointment. This property offers great potential as a flat lot of 1,153 m² for your new residential or commercial project, thanks to its excellent location near Plan de Ayala and Río Mayo. The existing structure is also worth keeping, thanks to its well-maintained condition, spacious layout, and functionality—plus, it’s all on one level. Remodel it and create a new space tailored to your tastes and needs. A fantastic opportunity—you can purchase it at land value. IMPORTANT: The furniture and decor shown in the property are for illustrative purposes only; they are not included in the stated sale price. Nor are any expenses related to bank mortgages, taxes, and/or closing costs included. These may vary depending on the financial institution or notary chosen by the buyer. The price, availability, and maintenance costs are subject to change without prior notice. The photographs are for reference only; the property’s current condition may differ from when the photos were taken. Building and lot areas are subject to review; the published figures are approximate measurements based on previous records. The foregoing releases our company, Cima Bienes Raíces, from any contractual liability.
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
Indoor & Comfort
- Laundry Room
- Service Bathroom
Outdoor & Recreation
- Garden
- Terrace
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$456,879
