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$999,000
Available - For Sale
Listing ID: X10408318
Introducing a prime investment opportunity in the heart of Tulums vibrant La Veleta neighborhoodthis 12-unit vacation property seamlessly blends luxury, comfort, and income potential, making it an ideal choice for investors looking to tap into Tulum's booming tourism market. With its exquisite design, prime location, and amenities tailored to high-end guests, this property is perfectly suited to operate as a boutique hotel or Airbnb rental, offering substantial returns and consistent demand year-round.Strategically located just minutes from Tulums renowned dining, beaches, and cultural attractions, this property is positioned to attract travelers from around the world who seek a balance of adventure and relaxation. With Tulum's popularity continuing to soar, occupancy rates in La Veleta remain strong, making this property a valuable income generator. The demand for short-term rentals in Tulum has shown significant growth, with average occupancy rates of around 75-80% during high seasons. Given current rental rates, investors can anticipate a potential ROI of 12-15% per year, even higher during peak tourism months, thanks to Tulums appeal as a top vacation destination.The propertys layoutfeaturing a serene pool and lush gardencreates an oasis that can command premium nightly rates, catering to tourists willing to pay for a tranquil yet luxurious experience. This versatility makes it ideal for short-term rentals, with options to market the property as an entire retreat for larger groups or individual units for couples and families.Tulum's popularity as a destination shows no signs of slowing down, with its blend of eco-tourism, cultural heritage, and pristine beaches drawing more visitors each year. Investors in this property not only benefit from strong cash flow potential but also from the increasing property values in Tulum, which has seen consistent appreciation in recent years. **EXTRAS** All Furniture, Decor, Kitchen Appliances, A/C Wall Units, All ELFs and Wind
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $49,750 $99,500 $149,250 $199,000
First Mortgage $945,250 $895,500 $845,750 $796,000
CMHC/GE $25,994.38 $17,910 $14,800.63 $0
Total Financing $971,244.38 $913,410 $860,550.63 $796,000
Monthly P&I $4,159.76 $3,912.06 $3,685.67 $3,409.21
Expenses $0 $0 $0 $0
Total Payment $4,159.76 $3,912.06 $3,685.67 $3,409.21
Income Required $155,991.16 $146,702.41 $138,212.69 $127,845.24

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RE/MAX HALLMARK YORK GROUP REALTY LTD.

Casa Guadalupe , Mexico

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Maria Tompson
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Other Country
Municipality: Mexico
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Style: 2-Storey
Lot Size: 94.67 x 98.43(Feet)
Approximate Age: 6-15
Tax: $2,760
Maintenance Fee: $0
Beds: 9+5
Baths: 12
Garage: 0
Fireplace: N
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Pool: Inground
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