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14-Room Boutique Hotel in Historic Mérida, Mexico For Sale

Merida, Yucatan, Mexico
Asking Price:
$2,800,000 (USD)
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$100K - $250K (USD)

Steps from Plaza Santa Lucía and just four blocks from the Calle 47 dining corridor, this 14-room boutique hotel has welcomed guests to Mérida’s historic center for more than 20 years. The hotel has ranked No. 2 among Mérida hotels on Tripadvisor and earned a 4.9 out of 5 traveler rating. Guests can enjoy live music and dining around the plaza or stroll to the restaurants and bars along Calle 47.

From 2023 through August 2026, the hotel’s average daily rate (ADR) rose 56%. At comparable occupancy, that rate growth would translate into a similar increase in revenue per available room (RevPAR). The hotel averages approximately 65% occupancy, and 66% of reservations are booked directly.

Guest rooms range from standard rooms to suites, some with private patios or terraces. The property features a swimming pool, a landscaped courtyard, shaded terraces, and a restaurant and bar with a commercial kitchen. The sale includes the real estate and the operating business, along with the Class A restaurant license and liquor licenses.

Property Information

Real Estate:

Real Property Included

Location:

In the heart of historic Mérida, Mexico, steps from Plaza Santa Lucía and just four blocks from the Calle 47 dining corridor. Guests can walk to restaurants, galleries, and live music around the plaza, as well as Paseo de Montejo and Gran Parque La Plancha.

Premises Details:

Two-story boutique hotel with 14 guest rooms and 16 bathrooms, offering 1,116.46 m² of construction on a 765 m² lot. The property features a pool, landscaped courtyard, shaded terraces, and a restaurant and bar with a commercial kitchen. Select rooms have private patios or terraces. The sale includes the real estate, the operating business, the Class A restaurant license, and liquor licenses.

Size in square feet:
12,000 Construction, 8,250 Land

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The existing restaurant, bar, and commercial kitchen offer room to expand dining service for hotel guests and attract local diners. The courtyard and terraces could host tastings, private dinners, and small events. Group bookings, full-property buyouts, and packages with local tour operators offer additional ways to grow the hotel business.

Competition / Market:

The hotel competes with other boutique properties in Mérida’s historic center. It stands out for its location by Plaza Santa Lucía, more than 20 years in operation, and a strong guest reputation. It has ranked No. 2 among Mérida hotels on Tripadvisor, and approximately 66% of reservations are booked directly.

Reasons for selling:

Retirement

Employees:
9
Years established:
25

Other Information

Support & training:

The current owners will stay involved after closing to provide hands-on training and support for a smooth transition. They’ll introduce the buyer to the staff and key suppliers, walk them through the reservation systems and day-to-day operations, and be available for questions as the new owner takes over. The length of the transition can be agreed as part of the sale.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller financing is available, with terms to be mutually agreed upon by the buyer and seller as part of the closing process.