Stunning Caribbean Villa/Boutique Hotel Strong ROI walk to #1 Beach in Mexico!

Image Slider

RARE opportunity to invest in a Spectacular Oceanfront Luxury Villa/Boutique Hotel in the Heart of Isla Mujeres. Just 2 short blocks to the ferry, El Centro (downtown) Hidalgo street restaurants, shops, nightlife. The villa sits on double Malecon lots, a short walk to North Beach, Mexico's #1 ranked Beach.

You're greeted with an expansive view of the turquoise and sapphire Caribbean Sea, waves breaking just 12 feet away. The views are simply stunning. This large villa is majestic, yet a warm and welcoming vacation rental that's great for extended families or larger groups.

It has 5 terraces, all with spectacular views of the Caribbean Sea to the East and Cancun to the West. The level 1 terrace has a Baja Shelf pool, with a Fountain and bubblers. It transforms into a stunning water feature at night. The two Oceanfront Suites open to a second level million dollar Sunrise view patio. 4th level rooftop terrace has 360 degree views of the entire island.

This gorgeous villa is uniquely decorated with custom tapestries. Ceiling fans are generously placed, circulating gentle sea breezes throughout the home.

The first floor has a large great room, fully equipped gourmet kitchen, indoor dining area, floor to ceiling disappearing sliding glass doors. It has 2BR/2BA , one is ensuite with a tub.

The second level has 2 apts with king beds, full bathrooms, kitchens with full sized refrigerators, microwaves, stoves, coffee makers, blenders and more. Sliders open to an Oceanfront Terrace with stunning Caribbean views with seating.

House has pressurized water, soft water, UV filtration, rain style shower heads in all bathrooms. Smart TVs, high speed internet.

The property is offered in 6 configurations. Stellar 5 Star reviews on Airbnb & VRBO with occupancy of 80 %. Long time VRBO PREMIER PARTNER and AirBnB SUPER HOST property.

The current owners live in 3 floor apt full time. Their stunning 1 BR boasts views of both Caribbean Sea and Bay of Cancun. Equipped with gourmet kitchen w/top quality appliances: Samsung refrigerator/freezer with ice maker, Whirlpool dishwasher, Whirlpool gas 5 burner stove/oven; Smeg microwave, reverse osmosis. It has a 9 ft bar height kitchen island w/ seating for 4 plus storage. It has bamboo flooring and a custom dining room mural. A large master bedroom has king bed with drawer storage, walk in closet, master BA w/ dual sinks - a shower w/Caribbean view.

Property is perfect for the investor looking for a part time second home, or future retirement home that also offers substantial additional rental income. A fifth "unit" is also located on the 3rd floor. It is currently utilized as an office/laundry room.

Isla Mujeres receives between 19-29,000 visitors each day, per maritime statistics.

The property is turnkey: it is furnished with comfortable, top quality furnishings, beds, fixtures, linens and custom tapestries. The pool patio is 12 feet from breaking waves and adorned with a custom mural. The villa is a well established legally licensed business operation, over US$ 200,000 potential annual income.

Sale includes domain name and direct listing website, listings on the booking platforms and past guest database.



Number of Bedrooms
6
Number of Bathrooms
6
Property Sleeps
14
Parking
No
Home Size
260 sq. meters
Lot Size
164 sq. meters
Amenities(tags)
Air Conditioning,Family / Kid Friendly,Fire Extinguisher,Internet,Pool,Smoke Detector,Smoking Allowed,Washer / Dryer,Wireless Internet,


Cost

Show amounts in this currency:
Sales Price
1749000 USD
Prior Year Gross Rental Amount
150000 USD
Rental Season
Always
Property Manager
No
Property Manager
Flat Fee


Rental Rates

Nightly
725 USD
Weekend Night
725 USD
Special Event
895 USD
Weekly
5075 USD
Monthly
0

Rate Comments:

Above rates are for only levels 1 and 2. Substantially higher nightly rates when property is rented as 6BR Villa



Expenses

Annual Taxes
130 USD
Annual Insurance
0 USD
Annual Electric
4500 USD
Annual Heating
0 USD
Annual Water / Sewer
250 USD
Annual Garbage Removal
0 USD
Annual Telephone / Internet / TV
800 USD
Annual HOA fee
0 USD




Address
Calle Benito Juárez 25B, Centro - Supmza. 001, 77400 Isla Mujeres, Q.R., Mexico

External Links

http://www.earninparadise.com



Contact the Owner

1 + 2 =