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Description

Originally this parcel consisted of 6 acres with 426 ft of frontage. A partial sale was made this year to a University. UDS University has 8 campuses that are constructed and operating. With this property, UDS will be offering it's 9th campus and first in Merida.

Remaining are 4 acres of commercial highway land with 290 ft frontage just 2 minutes east of the periferico (Merida's Largest Traffic Loop) on highway #180 Merida-Cancun.

Prime Commercial Land

This property can be used as a huge single or a few large home sites as well.

PHYSICAL, COMMERCIAL AND LEGAL CHARACTERISTICS:

6 acres of Title Deeded property with 426 feet of frontage on Federal Highway #180 "Merida Cancun".
Conveniently located and large enough to accomodate a range of business use.

Physically, the property is located 1/2 mile past the Noh Pat bypass on Federal Highway #180 "merida-cancun." 1 1/2 miles east from the Cancun exit off of Merida's largest loop, the "Periferico." Merida Yucatan Mexico. GPS 20.94119, -89.547932

PRIVATE, TITLED PROPERTY.
Property has a fully certified Title Deed #9078, and Tax Roll #16429 that has been registered in Yucatan's Public Registry of Properties and Commerce, inscription #1509481.
Foreigners can legally hold this property via fideicomisos (national bank trust) or MEXICAN CORPORATIONS.

CERTIFIED COORDINATES
The Property was professionally surveyed. The work was submitted to the tax assessor's department. "Catastro." The Property's points were certified by the director of the Tax Assessor's Office.

STRATEGICALLY SITUATED
This plot features 426 feet frontage of First Priority Access on Mexico´s Main Coastal Highway, Federal #180 "merida-cancun." Current density is 72/SFD x HA or 156SFD total 3 level max. Density and Zoning can be modified to meet your commercial needs.

REAL APPRECIATION
Since the purchase of the property in 1999, the assessed value has appreciated on average .27 yearly. The area saturation index is less than .20. Returns over .14 yearly, in our opinion, make a strong case for Land Banking in Merida, Yucatan Mexico.

PURCHASING TERMS

1-GOOD FAITH DEPOSIT
To show genuine interest, the buyer will remit a payment in the amount of 1% of the total purchase price. Upon receipt, we will take the property "off market." Then mutually initiate the closing process. The deposit is valid for 30 days.

2- OFFERED PRICE
The price offered of $13,290,000 pesos is considered only for a cash offer. If the buyer requires a short term payment scheme, then the adjusted price is actually $14,290,000 pesos.

3- CLOSING PROCESS
Documents include disclosures, agreements, power of attorney and official documents. The entire closing process is performed according to YUCATAN STATE LAW AND ALL APPLICABLE FEDERAL LAWS in front of a Notario Publico and the lawyer of your choice. External factors that are not limited to this offering: Additional requirements apply because of your nationality. According to your personal directive, you may be required to setup a fidiecomiso with a national bank here.

4- RESTRICTED ZONE
44 km south of the Port of Progreso, the parcel is located within the Mexico's Restricted Zone.
However this Property has a fully certified Title Deed #9078, and Tax Roll #16429 that has been registered in Yucatan's Public Registry of Properties and Commerce inscription #1509481.

For pictures, video, maps and more information you can visit our website. http://meridacancun.com/en-index.php

Or don't hesitate to call me on any of the phone numbers that were included in this listing.

THANK YOU FOR YOUR INTEREST IN THIS PROPERTY!

Details

  • Listing status: Active
  • Available from: Apr 08, 2013
  • Listing #: 4911

Keywords: land for sale, merida yucatan, real estate mexico, land mexico, titled land, 5 acres, highway, frontage, kanasin, merida, yucatan, maya riviera, mall, hotel, meridacancun.com.mx

Map

Address: 20.94119, -89.547932
Parcela #100, Carretera Federal #180 Merida Cancun. Merida, Yucatan, Mexico
Latitude / Longitude: 20.941200 / -89.547800

Directions

20.94119, -89.547932

Neighborhood

Kanasin, Autopista Salida Cancun.

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