Calling it a house might be a bit too much to be fair.

It’s in a 93m^2 plot of land and it has been on sale for at least seven years as the buildings around it developed bigger, better, and costlier it has stayed the same. If you allow me to speculate, I bet that the developers behind the multiple storey building next door asked the owners of this red house if they’d like to sell, the owners said no or quoted a price so high the developers backed down and just built their shit. Then they never realized their house has no value because it’s too small for apartments but they put it on sale anyway and are probably asking a stupid amount of money for it.

It’s in a very good street, in a very good location: technically in Lomas de Chapultepec which means that you could be expected to pay 362,000 dollars for that plot of land if average cost per meter is taken into consideration.

I saw the building permits for this tiny building hoping it’d have a hybrid or business permit, but no: it’s got the 2H permit which makes it less valuable still as one would not be able to turn it into a fancy coffee shop or Soul Cycle franchise (OH SO GENTRIFIED) “2H” means that plot of land can only have one above ground storey and can only be for housing, given the free area rules and developing guidelines you might....might get two apartments out of it... without any amenities like a parking spot.

I’m tempted to call the owners though, and see what they ask for it... I suspect it’s something stupid like seven million pesos.... I’m suspecting these people subscribe to the “I know what I have” ideology of asset sale.