Moratto, Calle 20, Emiliano Zapata Nte, Mérida, Yucatán, 97129, MEX
Merida, Mexico
Guide Price
$148622
$2658379 MXN · $238/sqft
PROPERTY TYPE
Condo
BEDROOMS
1
BATHROOMS
1
SIZE
624 sq ft
Description
Torre Triada es un proyecto de usos mixtos que viene a aportar valor y transformar el paisaje urbano de una de las zonas más emblemáticas de la ciudad de Mérida al tiempo que ofrece un nuevo y redituable modelo de inversión. Se ubica estratégicamente sobre la Av. Líbano, la arteria principal de la tradicional colonia México, dicha avenida conecta convenientemente la zona de Montebello, con sus vibrantes centros comerciales, restaurantes y bares de diseño con las zonas residenciales de abolengo y
Location
Open in Google MapsLiving in Merida
Considered the safest city in Mexico (and one of the safest in North America), with 11,000+ American and Canadian expats already established. The colonial Centro Historico is walkable and beautiful, healthcare is excellent at 50-70% below US costs, and rent runs $700-$1,000/month for a one-bedroom. The main downside is the heat -- locals joke there are two seasons: summer and super summer -- so AC is non-negotiable.
Taco stands on every corner, rooftop mezcal at sunset, a rhythm of life where lunch is the main event and the street markets overflow with colors you forgot existed.
Visa
Temporary Resident Visa — requires $4,185/mo income or $69,750 in savings. Valid 1-4 years, no employer sponsorship needed. Permanent Resident Visa available after 4 years or with $278,500+ in investments/savings. 2026 update: fees doubled and qualification criteria tightened.
Learn more: The Complete Guide to Moving to Mexico→Key Fact
Mexico has no path from tourist status to residency inside the country — you must apply at a Mexican consulate in the US. Healthcare is excellent and affordable (private insurance ~$100/mo), but bureaucracy moves slowly.
Learn more: Health Insurance for Americans Living Abroad→Mexico at a glance
How Mexico scores for American expats
Cost of buying in Mexico
Estimated fees and ongoing costs for this property
Closing Costs
5-8% of purchase price
- ·Acquisition tax: 2-4.5% (varies by state)
- ·Notary fees: 1-2%
- ·Appraisal: $3,000-5,000 MXN
- ·Registry: 0.5-1%
Annual Costs
Property Tax
0.1-0.3% of cadastral value (predial — very low)
Insurance
$300-800/yr
HOA / Condo Fees
$50-200/mo for condos
Good to Know
Agent Fees
Seller typically pays (3-6%)
Foreign Buyer Note
Restricted zone (within 50km of coast, 100km of border): must buy through fideicomiso bank trust (~$500/yr). Interior: direct ownership OK.
Legal help in Mexico
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Mexico?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Next steps for moving to Mexico
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
Lamudi
200000
MXN