Av Benito Juárez y 80
Playa del Carmen, Quintana Roo 77712
Mexico

Property

Ownership: Hotel
Type: Hotel
Area: 574M² (6178.0 sq ft)
Council Tax Band: TBC

Financials

Price:$679,000

Description

PLAYA HEAVEN ROOFTOP

This cash machine property is conveniently located in an up-and-coming area next to Avenida

Benito Juarez, one of the biggest avenues in all of Playa Del Carmen Mexico. The building is a

well-planned hostel-style budget hotel, that has an amazing rooftop with a bar and a sun deck.

The area boosts numerous new building projects and will likely grow significantly in the coming

years, making way for property value increase in the double digits.

Size of construction: 574 square meters

Lot size: 136 square meters

Building levels: 3 levels containing bedrooms and bathrooms, and 2 upper rooftop levels

Dorm rooms: 12 bedrooms

Air conditioners: 12 units powered by free solar energy 24/7

Toilets & Showers: 11 toilets and 10 shower units with electric heaters

Reception area: Here you will find a common area with a kitchen and a reception desk

Bunk beds: 120 beds with memory foam mattresses

Solar panels: 26 panels powering the entire building, so electricity bill = ZERO

Water well: Private 18 Meters deep well with unlimited free supply of water, forever!

Rooftop: Lush rooftop garden with sundeck and 90 seats

Internet: 1000 mbs. high speed internet on all levels

The Bar: Spacious rooftop bar with double BBQ grill for sale of foods and beverages

Property Potential:

Compared to average property investments, like condos and houses in this area, that has

around 10-15% annual returns minus management, and often end up yielding less than 10%

after expenses, Playa Heaven Rooftop is in a completely different league, where all the extra

services cash flow even more than the accommodation itself. So instead of receiving an annual

return in the single digits, with the right type of management you can expect annual returns in

the high double digits, even after expenses.

Estimated Returns Beds:

Average hostel bunk beds in Playa Del Carmen go for as low as 10 usd a night in low season,

and for around 30 usd a night in high season. So with 120 bunk beds, Playa Heaven Rooftop

will generate 1,200 usd per day, 36,000 usd per month, total 432,000 usd per year, just on

bunk beds alone.

Amenities

  • 24/7 Security
  • A/C units
  • Solar panels

Neighborhood

More listings:

PLAYA HEAVEN ROOFTOP HOSTAL


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.