Classic Colonial Home,guest House,tropical Gardens for Sale in By Appt. Only, Merida Centro Historico, Yucatan, Mexico

Gorgeous Colonial Classic Home & Guest House,merida Centro

If you are looking in Centro Merida,---Look no further!

Price Slashed $40k US on 12/19/09.

Price in US DollaRS IS LISTED FOR YOUR CONVENIENCE. please note HOWEVER THAT OUR SELLERS LIVE IN PESOS NOT DOLLARS AND SO ALL FINAL PRICES WILL BE NEGOTIATED IN MEXICAN PESOS.

As such, the current US Dollar price is $139,900.00 That today translates to $1,833,000.00 Mexican Pesos and thT IS THE NET PRICE OF THIS OFFERING

This is a family sale taking place because of an illness which necessitates this transaction. As such, this is a rock bottom price on an a very special and rare property, in the heart of Merida's Centro Historico District.

THERE ARE NO REAL ESTATE COMMISSIONS WHICH, FACE IT, BUYERS INEVITABLY PAY ONE WAY OR ANOTHER!

WE CAN DISCUSS FINANCING BUT NOTE THAT IT WILL BE COMPARABLE TO mEXICAN RATES.

If you have checked out interest rates in Mexico, you will have been shocked to see that 2.5% - 3.5% PER MONTH on loans HERE are the low end of going rates! (Yes, unbelievable but true!). Our seller will nevertheless carry your balance for from 1.25%/mo to 2.25%/mo depending upon the length of the loan period, although in truth, she will be losing money! Still seems pretty expensive you say? Consider this: Even with a tanked global economy, Mexico is still one of the hottest investment potentials going.

The Peso/Dollar rate at or near 13 to one or more is unheard of and so even in this current economic climate which, by the way, has not slowed sales drastically in our area, the increase in equity you will experience near term should more than pay for your interest in any case and as things start to pick up again, you will be enjoying increased equity and profits in the 15%-25%/year range that in the Yucatan, and until very recently, were considered normal and realistic expectations.

Owner´s will obviously consider serious and reasonable offers although you can count on today´s price increasing as we move further into to the end of the year, our "high season", through the end of April, without prior notice.

We´ll do our best to keep the site and prices/terms updated but please check with us directly, and at your convenience, as all prices will ultimately be calculated in Pesos Mexicanos and, like exchange rates, are subject to change at any time....... We have listed this and all of our properties in US dollars for your convenience only.

Please understand that 99% of our sellers are Mexican nationals and therefore live with and live on pesos. Their ultimate prices and sales arrangements will be done in pesos so with fluctuations in the Dollar, your best bet till probably the end of the year will be to calculate the peso at an average rate of 13/1. Be advised however that rates change, often dramatically,on a daily basis. Once again, feel free to check with us directly with any questions or for the latest up-date. Thanks!

-----------------------------------------------------------------------------
FOR THE COMPLETE LISTING:

Let me suggest here that you may see the complete listing including extensive photos included on our website listed below. Simply click on our "NEW LISTINGS" icon at the top left of the Home Page. Click again on the first home at the top of that page, "Colonial Classic", and you will be taken directly to the listing. Fast, easy, and convenient! Thanks!
------------------------------------------------------------------------------

RENTERS: We have listed approximate rental fees in US Dollars for your convenience although actual rents will be paid in pesos and are also listed for your convenience.

This is a QUIET, NON-SMOKING residence, dedicated to the peace and tranquility of each of our guests. A maximum of 2 guests per room (30 years or older preferred but will make exceptions on a per person basis) is suggested and these guests must be included at the time of reservation and confirmed upon arrival.

Current, valid ID, and credit references will be required as will deposits subject to the length of stay anticipated. Reservations canciled less than 21 days prior to arrival will forfeit their deposits. All prices listed are good through November 15, 2009, although owners reserve the right to change rents or policies without prior notice

THIS FABULOUS PROPERTY MAY BE RENTED AS A WHOLE FOR approximately $1500 US per month ($20K MN paid in Pesos)with 6 mos minimum. We also have a lovely, furnished, 16 x 16 ft guest room with high, beam ceilings for $350US/$4750MN/Mo., a larger bachelor apt-sized room for $400US/$5400MN per month, and a free-standing, 400+ sq. ft., full guest house in the back garden. Garden views, AC, Microwave, fridge, bar sink, table, desk, full bath, $575US/mo with air-con or $500US/mo with fan only, LOW Season. The Guest Cottage has SKY TV upon request(add $100 pesos per week) and the entire property is equipped with high-speed Internet,included in the cost of your habitation NOTE: Please add a minimum of $2000-$3000 pesos per month for "High Season" which runs from Mid-November to Mid-March.

Please contact us for your special needs and requirements for further infomation....
-------------------------- ----------------------------------------------------

THE HOUSE FOR SALE:

Minutes walk from the Main Zocalo, minutes walk to Parque and Mercado Santa Ana, 2 blocks to Paseo Montejo and anything you may need or want in Merida is within easy walking distance or accessible by Merida's outstanding transportation system, a few meters or a phone call away, day and night.

2 story house with high beamed ceilings and lovely Pasta Tile Floors. Rooms average 16' x 16 on the ground floor and include 3 bdrs and a living room plus a spacious Dining Room, a small kitchen, 2 complete baths, and a bodega/storage and wash room.

Upstairs, shaded by park-like trees is what we call the "Tree House" although it's anything but rustic or small. There is a large full bath, a small study or office space at the top of the stairs, A LARGE BEDROOM, and a smaller room, ideal for a small bedroom, studio, or home office. Breezes and garden views, all the time.

The second floor, added just 12 years ago would easilly lend itself to extending out 10-14 feet for an additional large (10 x 16 ft) master or living room plus balcony/terrace overlooking the garden below.

Also, by relocating the existing stairs which come up from the dining room, you would virtually double the size of the already spacious dining room while creating still another bedroom up stairs which would make the second floor into a wonderful Master Suite or completely independent 2-3 bedroom apartment.

The Guest House measures approximately 5.5 x 6.5 meters and includes a large main room with built in closet, cable TV, High Speed Internet, and wiring for a micro-wave oven and refridgerator. It has a convenience sink(hot/cold water) and magnificent views of the pool and tropical gardens. It has a large bathroom with shower.

Off the side of the Guest House is a screened patio or lanai, currently used as a beauty salon. In fact, until recently, the guest house and the entire property has been used as a Therapy and Spa Services Center so has been kept in very good condition, as you might imagine.

The pool needs repainting and rather than decide for our buyers what shade or finish they prefer, our sellers have decided to leave it empty till the fall or the house sells, which ever happens first........

Speaking of re-painting: These colonial masterpieces require annual maintenance. No way around it so be prepared to spend $500-$600 US per year for touch-ups and minor repairs whether you move in to this one next month or you spend an extra $100K US to turn it into a palace 6 mos from now. If you choose the latter route, we can nevertheless guarantee you that within a year or less, regardless of the architect or contractor, you will indeed need to do maintenance and periodic minor repairs regardless. I am speaking from years of personal experience and from working as a general contractor for over 20 years, 5 of which have been in Merida.

The point is is that this house is, with some minor touch-ups and painting to your personal tastes, virtually ready to move into within the next 4-5 weeks(IE: By the time you take possession).

I would personally do a bit of work in the kitchen and paint the pool plus hire a new gardener to bring the recently neglected garden back to its tropical magnificence. Tons of potential there but all with very little time and additional money involved.

Or,---- you may want to turn your architect and contractor loose (We can help!) and do a major remodel now and get it over with if your specific needs are not quite met with the way the house sits just now. Either way, your options are wide open as with this price, on this size home and lot in this lovely part of Centro. In this price range and for the age of this grand home, you would normally be buying a ruin, not a home, guest house, pool, and large garden needing just a few personal touches. A rare find indeed!

The best way to reach us is by Email as we travel/work a lot outside of Merida although we are rarely more than 2 hours away and we spend 2-3 days in town in any case. The second best way is by Cell Phone, listed below, however, please note that we are often out of signal range so really, if you do not reach us immediately, Email is your best option. We will usually get back with you the same day or next day without fail.

Again, for complete information, details and extensive photos, please vist this listing on our website today.

We are Yucatan Ranch Farm and home and we are here to serve you on virtually any kind of property especially properties...and prices, "Off the beaten path"

Thanks for your interest!
Gil Romero, OWNER´S SON-IN-LAW, Broker/General Contractor