Hotel Las Palmas San Felipe ( Baja California, MX - 21850) Built

$4,200,000 USD

Baja Real Estate Group

Max Katz Max Katz (619) 200-7408 (Office) (800) 338-1728 (Fax) Request More Info

  • Type: Commercial
  • Style: Single Story
  • Lot Type: Rectangular

Description

Hotel Las Palmas offers an incredible investment opportunity for developers and is located just 118 miles from the U.S. border. Situated on eight acres of prime real estate, the property is just a few blocks from downtown San Felipe, which lies overlooking the bay on the Sea of Cortez in the Mexican state of Baja California.

The owners of Hotel Las Palmas are eager to partner with other developers to maximize the value of this unique property, which includes a 48-room hotels, a 75-person restaurant, a 50-person indoor bar and ocean view rooms that are just 500 yards from the Pacific Ocean. Other amenities include a pool and gym, as well as thermal and mineral waters in on-premises recreational and therapeutic pools.

Hotel Las Palmas has an existing alcohol license for any type of service on the premises, which spans 32,308 square meters and is a three-level property that is 20 percent built out, with sewage and water connections available. The opportunities could include an outright sale of the hotel, a joint venture operating agreement or sub-dividing the property.

Act now to make an offer on this fabulous income producing property, which is ideal for an investor looking to get in on the ground floor and participate in the future of this growing community. Owned by the Bellinghieri family since 1988, the property is well maintained and boasts exceptionally clean facilities. The grounds are landscaped with native foliage that requires minimal maintenance.

The property’s footprint could easily be converted to include a retirement facility, studio apartments, a time-share property or even living accommodations for corporate travelers. The community of San Felipe is safe, beautiful and offers visitors and residents alike easy access to gorgeous beaches, warm year-round weather and plenty of recreational activities. In addition, San Felipe enjoys a low cost of living and a high quality of life, with scheduled improvements already in the works to the regional transportation systems.

Attachments

Brokered and Advertised by : Investment Properties Mexico
Listing Agent: Michael Burgoyne
P2#149176134
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Information is deemed to be correct but not guaranteed.