Hotel for Sale #118
USD $ 3,500,000
Property Description
Located in the heart of Playa del Carmen, Hotel for Sale #118 offers an exceptional investment opportunity. This 18-room boutique hotel embodies classical Mexican architecture, blending authentic charm with contemporary guest services and amenities.
Hotel Features:
- Lot Size:ย 354 mยฒ
- Construction:ย ~800 mยฒ, with the potential to build three more stories, doubling its size and adding up to 24 more rooms.
- Rooms:ย Fully furnished, with world-class mattresses and linens, full bathrooms, air conditioning, and cable television.
- Amenities:
- On-site restaurant and bar, with a 70 mยฒ Palapa (grass roof)
- Rooftop balcony with unrestricted views of the Caribbean Sea
- Gardens, security cameras, and a wood terrace
Restaurant:
This celebrated on-site restaurant has consistently performed with TripAdvisor Certificates of Excellence for 11 years running. It is in TripAdvisor’s Hall of Fame and has over 3,000 positive reviews, placing it in the top 5% of Playa del Carmen’s restaurants.
Online Presence:
The hotel benefits from a solid online presence, including:
- WordPress Website:ย Integrated with Google Analytics and a complete reservation system.
- Social Media:ย Well-managed accounts on Facebook, Twitter, Instagram, and TripAdvisor.
Financials:
- Occupancy Rate:ย Runs conservatively at 46% with an ADR of ~$105/night, generating average annual sales of $322K.
- Growth Potential:ย At 75% occupancy with no rate increase, yearly sales would reach $517K. A $10 increase in ADR would raise sales to $567K.
Conclusion:
Hotel for Sale #118 presents a unique opportunity to invest in Playa del Carmen’s thriving hospitality industry. Combining authentic architecture with contemporary amenities and a solid financial foundation offers immediate and long-term growth potential.
Contact Us
Or fill out our contact form and one of our agents will contact you as soon as possible.
Print this Page ๐
Page Views – 1129
Share –
Please contact our team for updated inventory on this or any other properties in the Riviera Maya. Information is deemed to be correct but not guaranteed. Riviera Maya Real Estate Group are your Playa del Carmen Real Estate experts.
More Like This
Discover properties similar to your current selection
What Our Clients Are Saying
Real stories from satisfied buyers and sellers
Discover firsthand experiences from our clients and learn why they trust us with their real estate needs. Click below to read our client reviews & testimonials!