An investor’s dream, that’s what this building in

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Commercial Off Market

HOTEL ON 5TH AVENUE

Playa Del Carmen, Quintana Roo, Mexico 00000

Community: 

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$3,600,000 23 br, 23.0 bath 6781 sq. ft. 0.000 acres

An investor’s dream, that’s what this building in the middle of the famous 5th avenue of Playa del Carmen is ! Despite the pandemic and contrary to the majority of hotels around the world, the 23 bedroom boutique hotel and famous restaurant being operated in this building are consistently doing good numbers and generating a steady income and return on investment in terms of rent for this property. The company renting the building and operating both the hotel and restaurant are very able and trustworthy. You can just come in, take over the building and if you please have said company continue to do what they do best and you get an immediate high ROI. The building has a total construction of 630 m2 divided over three stories and is built on a plot of 390 m2. Upward expansion is allowed. It’s situated in the true hart of the 5th avenue, the part which is known for the most pleasant strolling and dining. The building is on a corner and therefore has 2 fronts, one on 5th and one on a side street known for having one of the best gyms of the city. To top things of it’s a mere 3 minute walk to the most famous beach of Playa del Carmen, Playa Mamitas, and a 5 minute walk to the notorious 12th street, known for its vibrant night life.The Mexican government has never allowed for its borders to be closed so our region has become a worldwide beacon for tourists trying to escape the lockdowns and for the new and fast growing generation of digital nomads. - The Mexican Caribbean has always been a hotspot for international tourism and in the near future it will become even more so. Once the world opens up again and Europeans, Canadiens, etc. are allowed to travel, there will be a tidal wave of tourists coming our way with money to spend. Forget high and low season, there will only be ‘maximum capacity’ for a very long time to come and surging prices that come along with it.NOW IS THE TIME !The building is not being sold because of any disputes or losses, the owners have simply reached a certain age and are pursuing other projects in other countries.

Interior:
  • Bedrooms: 23
  • Baths: 23.0
  • Sq Ft: 6781
  • Year Built: 0
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Unknown
  • MLS #: 140280003
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Contact Information:
Beach Commercial Off Market in Playa Del Carmen, Quintana Roo, Mexico
Ad Number: 1620564
Viewed 47 times.
Updated: Jun 13, 2021

This property is a Commercial located at HOTEL ON 5TH AVENUE, Playa Del Carmen, Quintana Roo, Mexico 00000, and is currently Off Market at $3,600,000. This Commercial has 23 bedrooms, 23.0 baths, 6781 sq ft.

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