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Located in the up and coming north end, directly in the path of all the new development in Playa del Carmen, this existing multi-unit investment property is perfectly poised for for use as a budget boutique hotel, a small language school or even condo conversion. Expansion is possible on the roof, creating more usable space to use for a bar/lounge or open air classrooms. This property has been carefully maintained and all systems are in good working order. All taxes (just $500/year) are up to date and all necessary paperwork is in order to ensure an easy and fast transfer of ownership. This transaction is 100% turnkey and you can expect to be generating income immediately.
This is a great option for someone looking for a semi-retirement opportunity or a young entrepreneur as you can easily live onsite and use the room rentals as income. Located just a few minutes from beautiful Coco Beach and trendy 5th Avenue, these rooms, each equipped with kitchenette and private bath, will be easy to fill with young travelers, language students and even long term renters looking for a space of their own for a few months.
Other Details: Number of Bedrooms: 12, Number of Bathrooms: 12
This property is located in: PCM, Plaja-del'-Karmen, Playa del Carmen, Quintana Roo (Quintana Roo, Mexico).
For more details about this listing please click here to access the webpage provided by listing owner.
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Lingfield Park Marri... Hotel ~ 0,428 km
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About Buy Playa Real Estate Solutions
Buy Playa Real Estate Solutions - Where each member of our team is committed to artfully uniting extraordinary properties with extraordinary people. Because of the close working relationships we have forged with other Real Estate Brokers working on the Riviera Maya, we have access to every property available for sale. Condos for sale in Playa del Carmen, villas for sale in Playacar, lots for sale in Mahahual and boutique hotels on Isla Mujeres. We will use our contacts in the region and market knowledge to find you the property that best meets your needs. Whether you are looking for the perfect retirement home, a family vacation retreat or an income producing Real Estate investment opportunity, trust us to help you find that one special property that exceeds all your expectations.