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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.

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