Bungalows María
Villa Obregón, Melaque, Jalisco · Three blocks from the beach.
USD 390,000
Bank trustLive on the ground floor, rent the apartments upstairs
The ground floor is a complete house: two bedrooms, two and a half baths, fitted kitchen, living room, dining room, and a back patio with laundry area. The living room has an open-roof waterfall, which is the detail people remember about this property.
Upstairs there are two one-bedroom apartments, each with its own bath, reached by a shared staircase. Outside: a large pool with two entry staircases, a covered terrace, a full bath, a pool equipment room, storage, and open parking.
The arrangement is deliberate. The owner lives downstairs and earns rent upstairs, on the same property. It holds a National Tourism Registry licence for leasing and is protected by deed in a bank trust.
What it includes
- Two one-bedroom apartments upstairs
- Complete two-bedroom house downstairs
- Open-roof waterfall in the living room
- Large pool with dual staircases and covered terrace
- Pool equipment room, storage, and laundry area
- Current National Tourism Registry licence for leasing
- Deeded, held in bank trust
Land tenure
Bank trust
Deeded, held in trust because it is in the restricted zone
What this means for you
The property is deeded and held through a bank trust, the instrument by which a foreign national owns property within 50 km of the coast. The bank appears as titleholder and you as beneficiary, with the right to use, rent, remodel, sell, and pass it on. It is set up for 50 years and is renewable.
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