Itzimna House Merida Yucatan

Historic Residence in Itzimná, Mérida, Yucatán
I. HISTORICAL OVERVIEW AND HERITAGE VALUE
This historic residence, located in the Itzimná neighborhood, at number 102 on 21st Street between 20th and 22nd Streets, originally belonged to Don Sixto García, and later to the Alonzo sisters, owners of the bookstore “La Selecta.” For this reason, the property is historically known as “Casa de las Alonzo” (Alonzo House).

The building is a representative example of the era when Itzimná served as a recreational area for the Yucatecan aristocracy, and it retains its original architectural character to this day.

It was built between 1903 and 1905 and is located on one of Mérida’s most emblematic corners, across from Itzimná Park, within a well-established urban area of high historical and heritage value.

The property boasts 2,360.66 m² of land and 1,584 m² of construction, distinguished by its stone archways, terraces, interior courtyards, and large-scale spaces, restored while respecting original materials such as pasta tile floors, hardwood woodwork, and Belgian beams.

It is listed by the INAH (National Institute of Anthropology and History) as a historical monument, reinforcing its cultural, architectural, and investment value.

Built between 1903 and 1905, it is located on one of Mérida’s most emblematic corners, facing Itzimná Park, in a well-established urban area of high historical and heritage value.

The property features:

• A land area of 2,360.66 m² and

• 1,584 m² of construction
Distinguished by its stone archways, terraces, interior courtyards, and large-scale spaces, restored while respecting original materials such as pasta tile floors, hardwood woodwork, and Belgian beams.

It is listed by the INAH (National Institute of Anthropology and History) as a historical monument, which reinforces its cultural, architectural, and investment value.

Additionally, the property is presented to the market under a clearly defined value structure, which distinguishes between the real estate asset and the movable heritage contents:
• Property value: $31,680,000 MXN
• Value of historical furnishings (18th-19th centuries): $3,520,000 MXN
• Total integrated value (optional): $35,200,000 MXN

The stated value is for reference purposes and forms part of a negotiation structure; therefore, it may be adjusted and negotiated by mutual agreement between the parties, considering the specific conditions of the transaction, the scope of the included furnishings, and the acquisition plan.

This breakdown allows the investor to independently evaluate the value of the real estate and the collection of historical pieces that complement the architectural experience of the property, maintaining flexibility in structuring the transaction. Additionally, the property is currently structured within a trust, which represents a significant operational and tax advantage for a potential buyer.

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