Outdoor courtyard with a red stairway on the left beige walls and a white curved bench around a small tree

CODE

006697

$

1,120,000

USD

Agent Name

LOT Area

918.73 m2 Meters

LIVING AREA

657 m2 Meters

BEDROOMS

7

BATHROOMS

11

Contact Esther Rodriguez

Apartment Compound | Fully Renovated Income Property | Seller Financing Available

Yucatan

Own a piece of Mérida’s history while generating immediate rental income.

Owner is willing to offer Seller Financing with only 50% down, creating a rare opportunity for investors to acquire a turnkey income-producing property with flexible purchase terms.

Casa Ramona is a beautifully restored historic property that has been thoughtfully transformed into a turnkey multi-unit investment while preserving its timeless architectural character. Combining historic charm with modern functionality, this unique property is ideal for investors seeking strong cash flow, a boutique hospitality concept, or a long-term multi-family asset.

The property features 7 newly constructed private apartments, each fully furnished and fully equipped, allowing a new owner to begin operating immediately. Every unit has been designed to provide privacy, comfort, and convenience for both short-term and long-term tenants.

At the heart of the property is a beautiful central swimming pool, creating a relaxing atmosphere that enhances the guest experience and increases rental appeal.

Designed with efficient operations in mind, Casa Ramona also includes:

  • Dedicated service headquarters for housekeeping and maintenance staff
  • Private storage units for linens, supplies, and equipment
  • Professional infrastructure that supports efficient day-to-day operations

An additional highlight is the large expansion area at the rear of the property, providing exceptional upside potential. This space can be used to:

  • Build additional rental apartments
  • Create a private cultural courtyard for art, music, culinary, or wellness experiences
  • Plant tropical fruit trees and develop a lush garden retreat
  • Design additional guest amenities to further increase rental income

Whether operated as a boutique apartment rental business, executive housing, digital nomad community, family compound, or hospitality concept, Casa Ramona offers the flexibility and scalability that investors are searching for.

Investment Highlights

  • Seller Financing Available with only 50% Down
  • Historic building with preserved architectural character
  • Fully renovated and move-in ready
  • 7 newly constructed, fully furnished and equipped private apartments
  • Central swimming pool
  • Dedicated housekeeping and maintenance headquarters
  • Multiple storage units
  • Expansion land for future development
  • Immediate residual income opportunity
  • Excellent for short-term rentals, long-term rentals, executive housing, or boutique hospitality
  • Ideal multi-family investment property with multiple income streams
  • Rare opportunity to own a historic income-producing compound with significant future value-add potential

Casa Ramona is a one-of-a-kind investment that combines historic architecture, modern construction, immediate income, flexible financing, and room to grow—making it an exceptional opportunity in one of Mérida’s most sought-after real estate markets.

 In Centro Close to :

  • Paseo de Montejo 
  • Cathedral
  • La Plancha
  • Mercado Chen Bech for fresh local grown fruits and vegetables with local Yucatan Street food
  • Plaza Grande
  • Asking price is in MXN pesos at $18,990,000 – Price can be subject to change without prior notice.

Things to consider: This property has three separate buildings. The first main Historic Colonial Home  which is the main entrance has the option to be able to make more rentals  ( already containing an apartment unit upstairs ) and Options for new owners to maximize more income or be live in Host who are actively offering events and tours to guest.

Each Unit has its own Kitchen space and bathroom, some units have balconies and home has a total of 9 full bathrooms and two 1/2 bathrooms. Plus a unit for service providers and cleaners with laundry service area. Also comes with a small storage unit.

the back are of the property has a small area that is 115.09 m2 where you can add another unit or turn this space into a Yoga or outdoors personalized area for what your vision desires ! Move in Ready units , Fully Furnished  with safe to add possibly 1-2 units more plus Co-working space in main home to offer renters as a plus and with seller finance option!! Schedule your zoom tour today !! This Property will not last long!

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Amenities

  • Air Conditioning
  • Clear Title
  • Co-working Area
  • Colonial Beamed Ceiling
  • Detached Guest Suite
  • Excellent Location
  • huge lot
  • Mulit Unit Land
  • New Construction
  • option to add Casita / Next Gen
  • service room
  • Social Club Events Area
  • storage room
  • Washer/Dryer