The Carmen boutique beachfront hotel is located in the center of Playa del Carmen Mexico on the sand and one block from 5th Avenue with Playa’s finest restaurants and shops.

It boasts 37 suites, the only beachfront rooftop pool, bar and restaurant in the market.

Additionally the Hotel has a 125 seat capacity beachfront restaurant on the main floor.

The hotel was newly constructed and completed in January 2017. 

The hotel recently underwent a $800,000 USD update as of November 2023. 

The hotel has been with the same owners, in the same holding company since inception. 

The company has $1.1 million dollars USD in IVA Tax credits available to the purchaser. 

Separately, there has been a separate operating company in place since inception creating risk separation.

The U.S.-based owners retired and wish to now dispose of the asset.

Owners were Absentee which creates many challenges and lost financial opportunities.

The property is priced 40% under replacement cost as an ASSET sale and NOT on a “CAP RATE”  calculated price. 

The property is irreplaceable as there is no other vacant land or development opportunities on the beach in town. 

For the right qualified purchaser, owner financing on competitive terms is available.