In short
The acquisition tax is 3.23% of the value in Mérida (Yucatán) at MX$3 million. Appraisal values in Mérida changed by +8.5% over a year (SHF index, second quarter of 2026). The average fixed-rate mortgage offer was 11.29% in September 2026 (Banco de México).
Mérida taxes acquisitions through a marginal table written into articles 58 to 60 of its finance law. The table was reformed on 28 December 2022 and the law last changed on 30 December 2024. The base is the highest of the price, the cadastral value and an appraisal validated by the Yucatán cadastre.
The amounts climb quickly: MX$27,000 at the lowest example price (MX$1 million), then MX$97,000 and MX$322,000 as the price reaches 3 and 8 million. On the middle example the effective rate is 3.23%, and the bill equals 827 daily UMA of MX$117.31. Mérida ranks 45th from the lightest among 54 computed areas, with 44 cheaper and 9 dearer, against a national median of MX$75,000. San Luis Potosí, at MX$93,600, sits just under, and Huatulco (Oaxaca), at MX$105,000, just over.
The Yucatán recording fee is a fixed MX$1,490 (Ley General de Hacienda, article 59, last reformed on 26 December 2025), which brings the charges for a MX$3 million purchase to MX$98,490, or 3.28% of the price.
Mérida is also one of the faster cities on price. Its own SHF index gained 8.5% in a year and ranks 13th of 36 cities, against 7.3% nationally. The state index reads 8.7%, 8th of 32. The state median appraisal for mortgaged homes between January and June 2026 is MX$1,485,687, 7th of 32 and above the national MX$1,299,580, with a mean of MX$2,019,785 and quartiles at MX$975,100 and MX$2,342,968.
Elsewhere in Yucatán, Progreso and Valladolid each charge MX$120,000 on the same example, well above Mérida's MX$97,000. The state's lending reached 10,253 personal home loans in 2025, MX$1,228,334 apiece, which is 4.4 per 1,000 of the 2,320,898 residents against 3.8 for the median entity. Rented homes are 10.9% of the total in 2024. Agents are listed in a state registry run by Insejupy, with no licence, under article 123 Bis of the law that created the institute.
Seen from the buyer's side, Mérida combines a strong market with a tax that sits well over the MX$75,000 median. The state-level quartiles show that the lower quartile of mortgaged appraisals stands at MX$975,100 and the upper quartile at MX$2,342,968, so the MX$3 million example sits in the upper tail of what lenders valued. The state population was 2,320,898 in 2020.
The registry side is light. At MX$1,490, the fee is the same for the MX$1 million, MX$3 million and MX$8 million examples, and it rests on articles 59-I and 59-II of the Yucatán finance law. Progreso and Valladolid, the other Yucatán places on Payotte, show how far Mérida's MX$97,000 sits from the coast and the colonial town: MX$120,000 in each.
Data as of 15 October 2026: SHF appraisals of January to June 2026, SNIIV loans of 2025, INEGI ENIGH 2024, 2026 tax laws.
Calculate for Mérida
The questions, answered
How much tax and recording fee on a MX$3 million home in Mérida?
On a MX$3 million home in Mérida (Yucatán), taxed on the highest of the price, the cadastral value and an appraisal validated by the Yucatán cadastre, the buyer pays property acquisition tax (ISAI) MX$97,000, recording fee, Registro Público de la Propiedad MX$1,490: MX$98,490 in all under the 2026 laws read by Payotte, before notary fees.
How much tax and recording fee on a MX$8 million home in Mérida?
On a MX$8 million home in Mérida (Yucatán): property acquisition tax (ISAI) MX$322,000, recording fee, Registro Público de la Propiedad MX$1,490, MX$323,490 in all, before notary fees.
Are home prices rising in Mérida?
The SHF price index for Mérida (Yucatán) changed by +8.5% between the second quarters of 2025 and 2026, against +7.3% for Mexico; it measures appraisal values of homes bought with a mortgage (Sociedad Hipotecaria Federal).
What monthly payment on a MX$3 million home in Mérida?
MX$2,400,000 borrowed (20% down) costs MX$25,248 a month over 20 years at 11.29% (Banco de México, September 2026); average CAT 13.76%.
How much tax when you sell a home in Mérida?
Federal rules apply in Mérida as in every state: a seller who is not a Mexican tax resident pays by default 25% of the gross price (LISR art. 160), MX$750,000 on a MX$3 million sale, paid by the notary; a resident selling their own home is exempt up to 700,000 UDIS, about MX$6,218,823 at 4 November 2026 (art. 93-XIX-a).
How Mérida compares
On a MX$3 million home the acquisition tax of Mérida is MX$97,000 (3.23%), 29.3% above the MX$75,000 median of the 54 municipios computed; 9 charge more and 44 less.
The tax follows a marginal table (limits in pesos): MX$27,000 on MX$1 million, MX$97,000 on MX$3 million and MX$322,000 on MX$8 million. The effective rate climbs from 2.7% to 4.03% between the first and the last price.
Inside Yucatán, the nearest computed neighbours on a MX$3 million home are Progreso MX$120,000 (MX$23,000 more) and Valladolid MX$120,000 (MX$23,000 more). The MX$1,490 recording fee comes from the state's own law, so it is identical in each of them and the gap is the municipal tax alone.
Tax and recording fee together take 3.28% of a MX$3 million price, MX$98,490, which is 3.9 monthly payments of MX$25,248 and 16.4% on top of the MX$600,000 down payment. On a home at the state median appraisal of MX$1,485,687 the same rules give MX$45,489, 3.06% of the price.
Ranked from the lightest to the heaviest of the 54 areas, Mérida is 45th: just below it in the national ranking is San Luis Potosí (San Luis Potosí) at MX$93,600 and just above it is Huatulco (Oaxaca) at MX$105,000. The lightest, Guanajuato, takes MX$24,144 on the same MX$3 million, so a buyer in Mérida pays MX$72,856 more; the heaviest, Querétaro, takes MX$170,306, MX$73,306 more than Mérida.
Beyond the three prices of this page, tax and fee reach MX$63,490 on MX$2 million, MX$188,490 on MX$5 million and MX$503,490 on MX$12 million. Between MX$3 million and MX$8 million, each extra peso of price carries 4.5 centavos of acquisition tax, more than the 3.23% average at MX$3 million. In the daily unit of account (UMA, MX$117 in 2026) the MX$3 million tax is 827 UMA and the recording fee 13.
The SHF index of Mérida itself moved +8.5% in a year, behind Yucatán (+8.7%) and above Mexico (+7.3%): 13th of the 36 cities with an index of their own.
| Measure | Value | Reference | Rank |
|---|---|---|---|
| Mérida: Acquisition tax on MX$1 million | MX$27,000 | median MX$21,588 | 41st of 54 lightest |
| Mérida: Acquisition tax on MX$3 million | MX$97,000 | median MX$75,000 | 45th of 54 lightest |
| Mérida: Acquisition tax on MX$8 million | MX$322,000 | median MX$232,239 | 50th of 54 lightest |
| Mérida: Effective rate at MX$3 million | 3.23% | median 2.5% | 45th of 54 lightest |
| Mérida: Effective rate at MX$1 and 8 million | 2.7% and 4.03% | gap 1.33 points | rising |
| Mérida: Tax on MX$3 million in UMA | 827 UMA | MX$117 per UMA | 27.2 monthly UMA |
| Mérida: Recording fee on MX$3 million | MX$1,490 | 0.05% of the price | 1.5% of the tax |
| Mérida: Tax and fee on MX$3 million | MX$98,490 | 3.28% of the price | 43rd of 54 lightest |
| Mérida: Tax and fee on MX$12 million | MX$503,490 | 4.2% of the price | 5.1 times the MX$3 million bill |
| SHF index, Mérida | +8.5% | Mexico +7.3% | 13th of 36 |
Appraisal values, home loans and renting for the whole of Yucatán are on its state page.
The figures
| Measure | Value | Source |
|---|---|---|
| Property acquisition tax (ISAI) on MX$3 million | MX$97,000 | Ley de Hacienda del Municipio de Mérida, art. 58-60 (table reformed D.O. 28 Dec. 2022; last reform D.O. 30 Dec. 2024) |
| Recording fee, Registro Público de la Propiedad on MX$3 million | MX$1,490 | Ley General de Hacienda del Estado de Yucatán, art. 59-I and II (last reform D.O. 26 Dec. 2025) |
| SHF price index, Mérida, change over a year | +8.5% | SHF, Q2 2026 |
| Average fixed-rate mortgage offer (Sep. 2026) | 11.29% | Banco de México, CF303 |
The SHF publishes home prices in pesos by state only; for a municipality it publishes an index, not a price. The appraisal values, loans and renting of Yucatán are on its state page.
Elsewhere in Yucatán
Sources
- Acquisition tax: Ley de Hacienda del Municipio de Mérida, art. 58-60 (table reformed D.O. 28 Dec. 2022; last reform D.O. 30 Dec. 2024); the calculator.
- Recording fee: Ley General de Hacienda del Estado de Yucatán, art. 59-I and II (last reform D.O. 26 Dec. 2025).
- Prices: Sociedad Hipotecaria Federal, Índice SHF de Precios de la Vivienda en México, second quarter of 2026 (press release 05/2026, 10 August 2026), consulted 2026-10-15 (data).
- Loans: SEDATU, Sistema Nacional de Información e Indicadores de Vivienda (SNIIV), open data « Financiamientos » 2025; Banco de México, SIE, Tasas de Interés de Crédito a los Hogares (CF303), Indicador del Costo de Créditos Hipotecarios, September 2026.