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

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

Listing

Web ID:4314914
Website:https://www.nestseekers.com/4314914

Property

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

Location

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

Contact

Brandon Michaels
Brandon Michaels
Licensed Real Estate Salesperson
+1 917-242-5260
BrandonM@nestseekers.com
Elaina Kats
Elaina Kats
Licensed Real Estate Salesperson
Licensed as 'Yelena Kats'
+1 917-628-3294
+1 212-252-8772
ElainaK@nestseekers.com
Chris Gill
Chris Gill
Managing Director
+52 984 188 2993
+52 984 188 2993
Chrisgill@nestseekers.com
Eastside, NY, Corporate
505 Park Ave, New York, NY 10022
Phone: +1 212-252-8772
info@nestseekers.com
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