Bed & Breakfast Opportunity!

House on the Beach

Only $250,000

This is an incredible investment opportunity! A 9-bedroom house on popular Miramar Beach in the middle of Santiago Bay. The area is alive with restaurants, open air markets, water sports activities, and several small hotels. The Colima and Manzanillo government, including the department of tourism, has designated this area for development. This is a one-of-a-kind opportunity to have your own business for a very affordable price. There is currently a restaurant on the property at the beach level, and a water sports concession that you can take over.

The house has been used as storage, and is currently unoccupied. There is a lot of deferred maintenance and updating, but the structure is sound and offers an incredible view and fantastic sunsets. You will never find an investment property for this price. PropertyPros will be happy to provide an estimate for repairs and remodeling based on your specifications.

Please click on pictures to enlarge

Street entrance
Backyard
Yard with palapa
Foyer

Upper level kitchen
Upper level breakfast bar
Upper dining area/kitchen
Upper dining/living room

Lower level patio
Lower level patio
Upper level living room
View north from 2nd floor terrace

Example bedroom 1
Example bedroom 2
Example bedroom 3
Exterior palapa w/kitchen

Palapa/outdoor kitchen
View south
Upper terrace view
Lower terrace yard
DETAILS AND INFORMATION
  • Lot size: 20 x 30 meters
  • Construction: Rebar reinforced cement and brick
  • Palapa with outdoor kitchen
  • 5 bedrooms up, 4 bedrooms down
  • 1 kitchen up, 1 kitchen down, 1 kitchen outside under palapa
  • Plenty of room for a pool
  • Owners are willing to help buyer with meetings with government officials, department of tourism, SEMARNAP (in charge of beach concessions).
  • Construction: Approximately 3,000 sq. ft.
  • This is in a commercial zone designated for tourism. The property must be developed in a way that promotes tourism. There is a tremendous investment potential, as this is the most popular beach in Manzanillo. Currently in the area there are several restaurants, 2 small hotels, and other types of water sports activities concessions. There are three artisan open air markets in the area. It is across the street from Club Maeva, and a few blocks away from the new $400-million-dollar Colima Development project.

PropertyPros Real Estate
Susan Dearing & Carlos Cuellar
Km. 15 Blvd. Miguel de la Madrid, Santiago, Colima, Mexico

Tel: (from U.S. or Canada) 011-52-314-333-0642 or 011-53-314-358-5042

Tel: (from within Mexico) 01-314-333-0642 or 01-314-358-5042

Tel: (from Manzanillo) 333-0642 or 044-314-358-5042

e-mail: propertypros@gomanzanillo.com