Established Hotel for Sale YHL 1185 $1,200,000
Have you dreamed of owning and running a small hotel in a beautiful tropical city? Here’s your big chance!
This hotel was renovated and created with love and perfection. The original property dates back to the early 1900s and was completely renovated in all aspects down to the smallest details. For many years, it has been running as a successful hotel in downtown Merida.
This two-story building features two large patios and an upstairs terrace filled with exotic tropical trees and plants from the region… a peaceful environment for relaxation, an oasis in the middle of the city from which to explore all that Merida has to offer. There is both a central courtyard, filled with tropical plantings, and a back yard with a swimming pool, gardens and a breakfast area. The gardens include mango, sour orange and banana fruit-bearing trees.
The building features high ceilings and thick walls, keeping it cool and energy-efficient. The hotel is located on a residential street, one of the last streets with street parking in the historical center. The hotel is only four blocks from the Main Square and two blocks from Parque Santa Lucia, where restaurants, bars and shops provide a lovely atmosphere for enjoying the warm Merida evenings. You and your guests are close enough to walk anywhere downtown.
The building features 12 bedrooms with 12.5 bathrooms, each one painted in bright Mexican colors with tasteful complementary tiles and other special features. Most of the rooms have air conditioning, and all include extensive ironwork, antique tile floors, beautiful old wood doors, new marble bathrooms and all of it oozes colonial Mexican charm. The property also features new plumbing, new electrical including its own electrical sub-station, and hydraulic water and water softening systems. The property has been lovingly maintained and is a joy for everyone who comes to stay.
All the furnishings are included except some art and personal effects. Now the kids are grown, and the owners are willing to finance with 40% down and yearly payments of 30% over a two year span (with a 10% interest charge added for the second and third payments). Take over this hotel and have a 100-percent operational business from Day One with a business that has earned its great reputation.
Location & Information
- Bedrooms: 12
- Bathrooms: 12.5
- Property Type: All Properties, City Life, Merida, Merida Centro, Santa Ana, Santa Lucia
- Size: 10562 sqft
- Lot: 11168 sqft
- Added: 3 years ago
- Zip: 97000