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Live in Paradise and earn money from this safe investment!
The property consists of 3 studios, and 2 apartments. 1 apartment is owner's place.Two lots total of 440 m2. The lot is divided to 2 similar parts. One half of the lot is empty, there is option to develop up to 8 more studios and build a swimming pool, common area, etc. Ready plans are available.
The property is owned as a LLC (SA de CV in Mexico), therefore we can offer an easy and transparent sale.
All existing permits and services will remain active in name of the LLC to ensure the continuity.
As of the LLC, residency can be aquired to reside legally in Mexico.
This is great investment opportunity if you are looking for a lifestyle change and want to move to Mexico. The area is calm, very safe. Located 650 meters from the sea and 200 meters from the famous Quinta Avenida. Walking distance to everything, short drive to Cancun and to Tulum (50 min each) The value is increasing due to the development of the area. Yearly increase of real estate in the area is 30%
The business is easy to run, and turnkey operable.
If you are an investor and looking for a development area, it is a rare find, very few double lots are available in the area. There is a possibility to construct a 5 story building (40 hotelrooms or 25 apartments)
More information available upon request, please contact seller below for further details.
Real Property Included
1 owner suite is located in the premises
Close to the Coco beach, Mamitas beach, Close to city to center, 3 blocks from the world famous 5ta Avenida
Size of the property is 440 m2
Other part of the lot can be developed up to 8 more studios, or the entire lot can be converted into a 40 rooms hotel or an apartment building of 25 apartments
Many condos are being built in the area, this area is a fast developing one
Owner is retiring and wants to invest other sector
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