Hotel And One Bedroom Appartment For Sale in Merida Yucatan For Sale

Business description

Hotel Julamis is located in the oldest district of Merida, Yucatan, Mexico which has seen a rapid influx of investment capital with great returns. The purchaser of this Hotel is guaranteed to do well.

Property information

Real Estate:

Real Property Included

Living accommodation:

Owners can live on site or alternatively, we can assist in finding living accommodation that meets YOUR requirements and YOUR budget. Living on site: Owner has the freedom of living in one of the standard rooms or in a one bedroom apartment located on the second floor. This apartment has a private entrance, a full kitchen, safe deposit box, bathroom, living room and balcony.

Location:

• Hotel located in Merida Centro at walking distance from the following touristic attractions:
-3 blocks from Calle 60 or Main Street
- 3 1/2 blocks from Paseo Montejo
- 3 blocks from Museum of Popular Art
- 4 blocks Santa Lucia Park
- 5 Museum of Yucatecan Song
- 6 Zócalo o Main Plaza
- 6 Main and oldest Market
- 7 City Museum
- 6 Museum of Contemporary Art
- 7 Montejo House (founder of Merida)
- 6 blocks from Merida's Cathedral

* These popular schools offer full immersion Spanish courses to international students who visit colonial Merida during the low season.
- 2 blocks, international language school "Franklin Institute" *
- 2 1/2 blocks, international language school "Centro de Idiomas del Sureste"*

Hotel is situated at minutes away from Mayan ruins, unexplored tropical beaches, colonial convents, ecological reserves, and haciendas from the bygone Henequen Era.

Other information

Expansion potential:

Some limited expansion is possible. Growth tendency due to the increased demand from national and international tourists.

Competition / Market:

There are currently a few expensive boutique hotels in this area with nightly rates around $100 to $250USD per room. We feel that our current rates set at $40-$60USD/night puts us at a good competitive position!

Support & training:

Website was custom-made by own hotel proprietor who is willing to train future owner to operate it without the costly need of a webmaster. Current owner will reset the interactive “Request Form” to process bookings and link PayPal account to new owners bank account in order to receive payments.

Reasons for selling:

Family ill

Trading hours:

owners currently work 3-4 hours per day - 7 months per year

Furniture / Fixtures value:

$10,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)