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Description

Located in the historic and highly desirable neighborhood of Itzimná, this property offers an exceptional opportunity to create a refined residential estate or boutique development within one of Mérida’s most established and prestigious areas. Known for its quiet streets, mature trees, and proximity to Paseo de Montejo and the historic center, Itzimná continues to attract discerning buyers seeking authenticity combined with long-term value.

Set on a deep and generously proportioned lot, the property features an existing single-level residence that retains traditional architectural elements such as high ceilings, solid masonry walls, and interior arches. These characteristics provide an excellent foundation for a thoughtful restoration or a comprehensive redevelopment project.

The scale and configuration of the land allow for a wide range of possibilities, from a private luxury residence with expansive gardens and pool to a boutique hospitality concept or design-forward residential project.

Property Details

• Location: Itzimná, Mérida, Yucatán

• Lot Size: 484 m²

• Frontage: Approximately 10.05 m

• Depth: Approximately 48.6 m

• Construction: 151 m²

• Bedrooms: 4

• Bathrooms: 1

• Parking: 2–3 vehicles

• Single-level residence

Highlights

• Deep rectangular lot with strong development potential

• Classic Yucatán architectural elements

• Mature residential neighborhood with high appreciation

• Minutes from Paseo de Montejo and Mérida’s historic center

• Ideal for restoration, expansion, or boutique development

Asking Price $5,200,000 MXN (CONVERTOR)

Indoor amenities

•   Electricity  
•   City Water  
•   Ceiling Fans  
•   Pasta Floors  

Outdoor amenities

•   Parking  
•   Garden  
•   Terrace  
•   Fenced Yard  

Property location

Multimedia

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