Calle 48 Nte entre Av 5 y 10
Playa del Carmen, Quintana Roo 77728
Mexico

EXCLUSIVE

Property

Ownership: Hotel
Type: Hotel
Rooms: 12
Area: 380M² (4090.0 sq ft)
Tenure: Freehold
Council Tax Band: TBC

Financials

Price:$1,600,000

Description

Experience Hotel Verandah: A Charming Boutique Investment in the Heart of Playa del Carmen

Discover the allure of Hotel Verandah, a rustic Caribbean-style boutique hotel perfectly positioned on the iconic 5th Avenue of Playa del Carmen. This charming property spans 380 m2 and comprises 12 oversized ensuite units, with select rooms featuring convenient kitchenettes. The distinctive thatched roofs and authentic Caribbean aesthetics create an inviting atmosphere for discerning guests.

A key highlight of Hotel Verandah is its exceptional location amidst the city's vibrant new developments and a plethora of restaurants, ensuring continuous appreciation in property value. The rooftop provides a serene escape with picturesque views, and the ability to expand by adding three more stories presents a significant opportunity to boost both the building's value and annual income with just an additional investment.

Currently priced at just $1.6 million USD, this operational business generates a fixed annual income of $110,000 with a local administrator. With the engagement of a more focused management approach, these figures could multiply significantly.

This property is proudly represented by Nest Seekers International brokers—Brandon Michaels, Christopher Gill, and Elaina Kats—who are ready to assist you in entering the hotel industry in this thriving destination.

Neighborhood

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Experience Hotel Verandah: A Charming Boutique Investment in the Heart of Playa del Carmen


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.