Price: $450,001-$500,000

The Full Story: A Piece of Progreso History

Tucked away on a quiet, clean street just one block east of the popular Elio Al Mare restaurant, this 1917 colonial home offers something increasingly rare in Progreso today: authentic Yucatan charm combined with modern functionality.

If you’ve been searching Progreso Mexico real estate, you know that finding a property with this kind of character and a separate income unit is like finding a hidden gem. This isn’t just a house; it’s a compound. A retreat. An investment.

Let’s walk through it together.

The Main House: Colonial Soul, Modern Comfort

Built in 1917, the bones of this home tell a story. High ceilings. Thick walls that stay cool. Original details that you just don’t get with new construction. But it’s been lovingly maintained for today’s lifestyle.

Downstairs:
The layout flows effortlessly. The master suite is conveniently located on the lower level, just off the kitchen. This is a rare setup—perfect for anyone who prefers to avoid stairs or wants single-level living for part of the family.

Upstairs:
Two generously sized bedrooms share a full bath. But here’s the magic: both upstairs bedrooms open onto a shared balcony with ocean views. Imagine your morning coffee watching the Gulf breeze roll in. That’s the kind of moment that makes you forget why you ever left the beach.

The Casita: The “Mother-in-Law” Dream

Now, let’s talk about the feature that makes this property stand out in every Progreso homes with casita search.

The separate casita is a fully self-contained apartment. It has its own:

• Living room

• Kitchenette

• Private bedroom

• Full bathroom

This is where the possibilities explode.

• For families: Perfect for adult children, aging parents, or visiting guests who want privacy.

• For investors: This is a proven rental asset. The property has a strong rental history at $2,000 per month. Rent the main house and the casita together, or live in one and rent the other. The numbers work.

• For remote workers: A quiet, separate space to take Zoom calls while the family enjoys the main house.

Outdoor Living: Your Private Oasis

Step outside, and you’ll find why Progreso Mexico homes with pool are so sought after.

The large filtered pool is the centerpiece of the garden. Surrounded by lush, established landscaping, it’s private. Walled on all sides. No neighbors peeking in. Just you, the sound of the water, and the Yucatan sun.

The lot size—12.5 x 50—is generous for Progreso. There’s room for the pool, the gardens, and still space to entertain. It’s low-maintenance but feels like a resort.

Location, Location, Location (The Progreso Advantage)

You’re not just buying a house; you’re buying into a lifestyle.

Progreso has evolved. It’s no longer just a sleepy port town. It’s become a hub for expats, retirees, and families looking for an affordable beach lifestyle within striking distance of a major city.

From this property:

• 1 block east of Elio Al Mare: You know this spot. Great food, cold drinks, right on the water. It’s your new neighborhood go-to.

• Steps from the beach: Being second row means you’re close enough to feel the breeze but far enough to avoid the foot traffic.

• 20-30 minutes to Merida: Need the city? Merida’s historic center, international dining, and hospitals are a quick drive up the highway. This is the sweet spot for anyone looking at Yucatan homes for sale near Merida.

Is Progreso Safe for American Expats?

This is the question I get every single day. And it’s a fair one.

Progreso and the Yucatan state consistently rank as one of the safest areas in Mexico. The community here is tight-knit. You’ll find a growing number of American and Canadian neighbors. Walkability is high. The area around this property is quiet, clean, and welcoming.

For anyone searching safe gated communities Progreso Mexico—while this specific home is not in a gated community, the street itself feels secure, and the fully walled property gives you that private sanctuary feel.

The Investment Angle: Why $499K Works

Pricing is everything in 2026.

At $499,000 USD, this property sits in a sweet spot. It’s under the $500k psychological threshold, which makes it filter-friendly for buyers searching Progreso real estate under 500k.

Here’s the math:

• Rental history: $2,000/month documented.

• Short-term rental potential: With the casita, you could easily Airbnb one unit while living in the other, or rent both separately.

• Appreciation: Progreso is still relatively undiscovered compared to Tulum or Cancun. As the Merida-Progreso corridor develops, values are climbing.

Who Is This House For?

• The retiree: One-level living option in the master, casita for visiting grandkids.

• The investor: Proven rental history, separate unit for dual income.

• The family: Four bedrooms, pool, beach proximity—kids will thrive here.

• The dual-national: Easy commute to Merida, strong US communication with the listing agent.

Contact & Viewing

This property is being offered exclusively by Gerane Baker at Yucatan Beach Homes.

Whether you’re in the US, Canada, or already here in Mexico, let’s connect. I can answer your questions, send more photos, or arrange a private tour—in person or via video call.