In the heart of Playa Carmen, Santa Teresa, less than a 5 minute walk to the white sand beaches and surf waves that made Santa Teresa famous, sits this 830sqm lot. Nestled on a hillside and bordering the beautiful Rio Carmen river, this parcel experiences beautiful breezes and stunning jungle river views all year long.
The property currently consists of 7 fully equipped apartments:
– 4 modern apartments (built in 2023) each with 1 bedroom, private bathroom, open concept kitchen/living room, terrace, A/C, hot water and individual electric meters.
-3 more rustic apartments each with 1 bedroom, private bathroom, open concept living room/kitchen and screened windows allowing for optimal airflow.
Other amenities of the property include a communal Rancho for entertaining (which could be converted to a small on-site restaurant for Value-added services) 5000lt of reserve water tanks for the AYA public water, an up to date water treatment plant with built in irrigation system for the gardens, a large 50mt shed and a parking lot ( a precious amenity in Santa Teresa center!).
It has been very successfully run as a hostel and guesthouses with both private apartments and dorm rooms.
Given it’s central location, close proximity to beach, shopping, supermarkets (3 min walk) and a large selection of restaurants (1/5 min walk), This property has endless possibilities from turn-key short term and long term rental apartments, Boutique Hostel, Restaurant with apartments for owners and management, retail shops or anything that you can imagine.
We look forward to showing you this exciting, not to be missed, investment opportunity!

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