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


Property

Website:https://www.nestseekers.com/4314914
Address:
Calle 48 Nte, Luis Donaldo Colosio, Playa del Carmen, Q.R., Mexico route
Playa del Carmen, Quintana Roo
Mexico
Ownership: Hotel
Type: Hotel
Rooms: 12
Area: 380 m² (4090 sq ft)
Tenure: Freehold

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 broker

Contact

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505 Park Ave, New York, NY 10022

Calle 48 Nte, Luis Donaldo Colosio, Playa del Carmen, Q.R., Mexico