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Historic Mansion - Stunning Boutique Hotel In Merida For Sale

Merida, Yucatan, Mexico
Asking Price:
$1,750,000 (USD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
Available on request

This amazing 8 bedroom boutique hotel sits on a large lot in the trendy Santiago neighborhood in Merida’s Centro Historico.

The property is a Listed Historic Building and received an Architectural Digest Award for Best Historic Renovation in 2012.

The entrance to the property leads into a magnificent courtyard fountain garden which 4 of the rooms open onto, this opens onto the beautiful gardens and swimming pool area, featuring our garden bar, onto which the other four rooms open.

The kitchen’s overlook a rear garden with another large fountain and magical gardens, with additional area that can accommodate an owners residence or an additional four rooms.

The entire property is powered by an 88 panel solar installation!

It’s probably best described by our guest reviews:

"The most beautiful accommodation I’ve ever ever stayed at."
"An Architectural Gem!"
"Wow wow wow. The charm of this place really exceeded my expectations"
"Highly recommend this incredible place! What a treat - it felt like traveling in time."
"It is STUNNING. I can't imagine a more beautiful place to stay."
"This place is an absolute dream! The grounds are out of a fairy tale."
"Amazingly gorgeous! Pure luxury!"

With year round occupancy in excess of 70%, a well trained and managed local staff, this opportunity is offered on a turnkey basis by the owners who are retiring abroad. Ownership of the property, contents and business will be made thru transferable US corporations, full financial and fiscal records of US and Mexican entities are available.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Space available for construction of an owners casita in stunning rear gardens.

Location:

The hotel is located in the Centro Historico of Merida, in the heart of the Yucatan.
Located on a main thoroughfare.

Premises Details:

This listed Historic Building is a fully renovated 19th century mansion.
Lot size Massive lot 24m wide over 80 m deep
2100 sq m (22.6k sq ft) lot, 1012 sq m of construction (11,000 sq ft)
Buildings Main house & separate kitchen/laundry/staff building
Gardens Front Garden
Courtyard Fountain Garden
Pool Garden
Rear Fountain Garden

Size in square feet:
22,500
Planning Consent:

As a listed Historic Building all construction is subject to INAH and City permits.
Property has been renovated and approved under those permits.
Architectural Digest 2012 Award for Best Historical Renovation

Business Operation

Expansion Potential:

Great opportunities for expansion, there is an area that is designated (100 sqm) for either construction of owner's quarters or a 4-6 room addition in the properties rear garden area.
Also bar and restuarant activities provide additional opportunity for new revenue streams

Competition / Market:

Normal competition from other boutique style hotels, we have exclusiveley focussed on Airbnb segment.

Reasons for selling:

Owner's retiring and moving.

Trading hours:

24/7/365

Employees:
3
Years established:
16

Other Information

Support & training:

Property will come with existing staff (3), plus 6 months services of our local management partner for transition and training purposes.
Our local lawyers and accountants are also available to assist in all local legal and fiscal matters.

Website:
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