Casa Cucho | Houses for sale for Sale in Merida

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Mexico

Merida

Casa Cucho

Available :

Phase 1

Ready to move in

Earliest Delivery: Ready to move in

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Property details

Prices and Availability

MX $ 5 000 000

Merida, Yucatan, Mexico

1 unit available / 1 total unit

Property type: house

2 bed unit available

Delivery date :

Ready to move in

Property Description

Casa Cucho is a beautiful remodeled property with an elegant and timeless design. This property was designed by renowned architects SerranoMonjaraz Arquitectos, award-winning architects with extensive experience in our country (serranomonjaraz.com). They combined their skills to create these beautiful homes, with a focus on providing a cozy, functional, and harmonious environment.
Its unbeatable location within the city center makes it a good option for living in Merida, as it is located within the historic center, making this the best area to invest in Merida. More and more old houses are being rescued and converted into boutique residences and hotels.
All of the above makes CASA CUCHO an excellent investment opportunity, as these properties can also be used as vacation homes or rented on Airbnb.
We are confident that the city will experience a natural capital gain, and the quality of the project will allow the entire house to be rented, making this property an excellent investment and profitability.

Phases & Delivery

Phase 1 : Ready to move in

Amenities

Features

Fiber Optic Internet

Closing in pesos

HOA Fees :

No fees

Development

Construction progress

April 2025

Phase 1 - Delivery in April 2025

Finishings

Points of Interest

Airport

Mérida International Airport (MID)

4.8 km

Train Station

Mayan Train - Teya Mérida

11.5 km

Bus Station

ADO Terminal Alterna Paseo 60

2.6 km

Hospital

General Hospital Agustín O 'Horan

2.5 km

Public Beach

Cancunito

17.0 km

Frequently Asked Questions

Can a foreigner own real estate in Mexico?

Absolutely! The key distinction in the buying process is the use of a trust or fideicomiso. It is required to acquire property or land in the Restricted Zone. The restrcited zone is 100 km from the border with another country and 50km from the coastline.

What is the restricted zone?

100 km from national borders and 50 km from the coastline.

What is a Fideicomiso?

It is a trust system ownership sanctioned by the Mexican government and secured by the Central Bank of Mexico.

In very simple terms, the foreign buyer is the beneficiary of that trust.

It is 50-year perpetually renewable and transferable bank trust.

The beneficiary of the trust has ALL the rights commonly enjoyed by a Mexican owner (use, sell, lease, etc)

It means irrevocable and absolute ownership rights to the property; the bank CANNOT sell the property without written consent of the beneficiary. The Mexican Bank Trust only holds the property title for the beneficiary but doesn't have any rights over the property.

It is important to mention that a lot of Mexican nationals go for a trust based ownership as it clearly states the beneficiaries in case of death.

Why is the use of a trust required?

In the 1917 Mexican Constitution, foreign ownership was forbidden in the Restricted zone because of Mexico's long history of land ownership dominated by foreigners (article 27). In 1973, a series of foreign investment laws were implemented as the Mexican government saw that foreign investment could have a positive impact on the economy. As a result of the relaxation of the laws on foreign investment, the trust system was created in 1993. Overall, it was much easier to create a trust system for foreign ownership than completely changing the Mexican Constitution.

Our mission is to provide superior service to our clients by facilitating the buying process in Mexico, ensuring that their property needs are met and investing in that which brings the greatest rate of return.