Full Description

Incredible development opportunity in this beautiful historic city that is famous in Mexico for its beautiful architecture. Merida is increasingly popular with second home investors and retirees for its sensational climate, proximity to beaches, and safety. 30 minutes from the Caribbean, 2,400 square metre lot with 400 metres of house and 200 metres of covered terrace. This house is located in the popular neighborhood of La Hermita with its cobbled square (only 2 blocks away). The house has one of the largest gardens in Merida's centre, and the house is very competitively priced for a quick sale. The house has been structurally restored and now all it needs is the new owner to decide which rooms are going to go where, and then to finish it. The property is connected to water and electricity, but will need these installed based upon the plans of the buyer. Original pasta tile floors made from tiles imported from France as well as made locally are all intact, and are over 100 years old. The property has one of the largest cisterns in Merida, more than enough to hold water to fill a large swimming pool. Construction costs in Merida are very low, as is the cost of living, making this a very attractive investment for someone wishing to develop the property. It would make a very grand private home, a hotel, or condo development, and there are some adjacent properties also for sale. This property is unique in Merida for its size, location, and price, and there is nothing that is this large for sale anywhere in the centre of Merida for less than twice the price. It will sell quickly.