Located in the town of Santa Teresa in the center of a Sandy Beach with consistent surf, known as Playa Carmen, you will find this private beachfront property , this concession property extends entering the main beach access in town on the NW side of the property to the sandy beaches of Carmen.
The property is in the Zona Maritima, ZMT and the concession is 100% COMPLETE. A 20 year REGISTERED CONCESSION was granted in November 2007. To date the owner has only touched on the development potential. The approved zoning or “uso de suelo” of ZAT1 allows for approximately 24 more units. Currently the hotel consists of three buildings; a modern two story 5 bedroom home and two private casitas. The garden casitas have a queen size bed, 2 single beds, with ensuite bathroom and private deck and kitchen. Recently added to the property, a beachfront bar-restaurant and a beachfront covered yoga rancho. Turn key property for any investor plus expansion to grow and generate more income.
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