Property

Discover Hotel Balkon: A Prime Investment Opportunity in Playa del Carmen

Located in the vibrant new area of 10th Avenue, Hotel Balkon stands as a remarkable investment opportunity in Playa del Carmen. This four-story building, plus a scenic rooftop, spans 1,000 m² and offers 24 units with a mix of king and queen-size beds, each featuring ensuite amenities. Positioned a short walk from the bustling 5th Avenue and the pristine ocean, this hotel promises not only steady rental income but also potential for significant asset appreciation due to the rapid neighborhood development.

Hotel Balkon is fully equipped for seamless operations, including reception, administrative offices, and maintenance facilities. The stunning rooftop offers breathtaking views of the city skyline and the Caribbean Sea, including Cozumel Island, enhancing its appeal.

Currently, the hotel achieves a solid 70% annual occupancy with rates ranging from $45 to $65 per night, generating an income of $220,000 USD at 50% occupancy. It is an excellent fit for brands focusing on budget tourism in this globally attractive destination, which benefits from proximity to three international airports and the upcoming Mayan Train project.

Priced at $3.7 million USD, Hotel Balkon can also be bundled with Hotel Terrasse. This sister property, offered at $3.3 million USD, features the same design and includes an Italian restaurant and massage room, providing a similar income profile.