Solar-powered multi-unit colonial property for sale in Santiago, Mérida Centro with rental units, large layout, and turnkey income potential in a prime walkable location.

This spacious property in Santiago, Mérida offers a rare opportunity to acquire a fully functional residential compound with multiple rental units and income-generating potential in one of Centro’s most desirable and walkable neighborhoods.

The property is configured to support multi-unit living, short-term rentals, or long-term income strategies, making it suitable for buyers seeking both a residence and an investment asset. Its layout allows for separation between private living areas and guest accommodations, providing flexibility for owner occupancy while generating rental income.

A key feature of the property is its solar power system, which significantly reduces electricity costs and improves long-term operating efficiency—an important advantage for rental properties in Mérida’s climate.

Interior spaces reflect traditional colonial design combined with functional updates, creating an environment that is both attractive to guests and practical for daily living. The overall scale of the property supports multiple use cases, including a boutique rental operation, co-living concept, or extended family compound.

Outdoor areas provide shared and private spaces for relaxation, enhancing the appeal for tenants or guests and supporting higher occupancy potential. The size and configuration of the property allow for continued optimization or repositioning depending on the buyer’s goals.

The location in Santiago is a major advantage. Known for its vibrant atmosphere, local markets, restaurants, and cultural activity, the neighborhood consistently attracts both visitors and long-term residents. The property is within walking distance to Parque Santiago and Centro’s main attractions, while Mérida International Airport is approximately 14 minutes away.

From an investment perspective, this property stands out due to its multi-unit configuration, solar efficiency, and prime Centro location. Income-producing properties in Santiago with established layouts and infrastructure are limited and tend to attract strong demand from both domestic and international buyers.

This property may appeal to buyers seeking a rental business, boutique hospitality concept, multi-family residence, or hybrid live-and-earn property in Mérida Centro. Its combination of layout, location, and operational efficiency positions it as a high-value asset within the market.

• 12 Solar Panels
• Atrium Like Great Room
• Spacious Cooks Kitchen
• Super Quiet Street
• 3-Filtered Pools
• 3-Kitchens
• Fully Remodeled in 2014
• 2-Car Garage
• A/C & High-end Ceiling Fans
• Colonial Beamed Ceilings in Rentals
• Security System – Cameras
• Solid Hardwood Doors
• Fountain

Located 2-blocks from Parque Zoológico del Centenario, Super Aki grocery store, 3-blocks from Parque de la Paz & Avenida Itzàes.  Parque Santiago is a 3.5 block, 6-minute walk or 2-minute drive.  Parque Santiago has everything; grocery store, hardware stores, pharmacy, lots of Yucatecan taco/torta and regional specialties – butcher, fresh veggies and flowers market, children’s playground and evening events including dancing.

Costco & North Mérida shopping centers are 24-minutes by car.  Mérida’s International Airport is a 14-minute drive from your home.

For more information or a private tour contact Colm – colmyucatan@gmail.com / cell – press 9991696430 or Mitch – miguelsmexico@gmail.com Office: (999) 920 6856