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Property with potential for a residential development in northern Mérida

Calle 11, Mérida, Yucatán, México

$906,686≈ MX$17,000,000

For Sale
  • 3Bedrooms
  • 6.5Bathrooms
  • 6,542 sq ftLiving area
  • 19,446 sq ftLot area
  • 3Parking spaces

About this home

📍 Colonia Maya, Mérida, Yucatán 📐 Lot size: 1,800 m² 💰 Asking price: $17,000,000 MXN A rare opportunity in Mérida: a spacious villa surrounded by nature, featuring a pool, gardens, and recreational areas, situated on a 1,800 m² lot with potential for a residential development project. The property offers a particularly attractive combination for investors: a pre-built residence and a large lot in an established neighborhood in northern Mérida. Features include: ✔️ Living room and dining room ✔️ Kitchen ✔️ 3 bedrooms ✔️ 6 full bathrooms + ½ bathroom ✔️ 3 parking spaces ✔️ Swimming pool ✔️ Spacious gardens and green areas ✔️ Basketball court ✔️ Multipurpose area ✔️ Terraces and outdoor spaces ✔️ 6 air conditioning units The layout and spaciousness of the outdoor areas allow you to enjoy a sense of privacy and connection with nature ✦ INFRASTRUCTURE AND EQUIPMENT The property also features: • Cistern • Water tank • Electric water heater • Evans constant pressurization system • 6 air conditioning units • Spacious outdoor areas • Parking for 3 vehicles 📐 1,800 M² WITH DEVELOPMENT POTENTIAL This is one of the property’s key opportunities. The lot has an approximate area of 1,800 m², offering enough space to explore various development possibilities. A low- to medium-density residential project could include elements such as: 🏡 Villas or townhouses 🏢 Apartment building 🌴 Green spaces and gardens 🏊‍♂️ Shared amenities 🚗 Parking 🔐 Controlled access 📍 COLONIA MAYA | MÉRIDA, YUCATÁN The location offers an attractive combination of connectivity, urban growth, and proximity to services, making this type of property an interesting option both for a buyer seeking a spacious home and for an investor looking to explore a real estate project. ⭐ A UNIQUE OPPORTUNITY This property may be particularly appealing to: • Real estate developers seeking a large plot of land. • Investors interested in developing a residential project. • Buyers who wish to maintain a private villa with large gardens and amenities. • Investors looking to repurpose or expand the property’s use, subject to feasibility. 📲 Request additional information or schedule a visit to see the property and assess its potential. Price and terms are subject to change without prior notice. The development proposal shown in the image is conceptual and subject to technical and regulatory feasibility, as well as the necessary approvals.

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.

Amenities

Indoor & Comfort

  • Pool
  • Gym
  • Air Conditioning

Outdoor & Recreation

  • Garden
  • Terrace

Building Services

  • Covered Parking

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$906,686

Concierge