Oceanfront Tourist Complex for Sale in Playa Blanca, Tijuana

Description:

Oceanfront Tourist Complex for Sale in Playa Blanca, Tijuana
Property for Sale: Building in Playas de Tijuana
Price: $35,700,000 USD (Exchange Rate: $17.78)

Location & Accessibility

Location: Playas de Tijuana, near the U.S. border

Access: Only 25 minutes from the international border. Accessible via the scenic highway, offering ocean views and proximity to one of the region's best beaches

Building Features

Construction Status: 60% complete (shell stage), with areas like the lobby and some rooms further along due to pre-sales launched in 2009

Building Type: Designed as a condo-hotel

Structure:

10 floors (including 2 underground parking levels)

Projected Units:

226 condominiums

124 hotel rooms

35 villas

Total Built Area: 74,666.40 m² on a 12,346.44 m² oceanfront lot

Engineering Oversight: Luis Bustamante, the listing agent, works with specialized engineering offices to ensure construction safety

Potential Uses

Main Proposal: Operate as a condo-hotel, as originally designed

Alternative Options:

Mixed use: offices, clinics, assisted living, or partial use as AirBnb

Adaptable to current trends, which differ from those of 2009

Legal Status & Documentation

Available Documents: Legal paperwork is available at the office of listing agent Luis Bustamante

Title: Currently held by a financial company

Permits & Feasibility: Permits and feasibility documents from the original construction phase are available

Market Conditions

Investment Opportunity: 2024 is an excellent year to invest in hospitality and residential developments along the Tijuana coast

Demand: Strong demand from both Mexican and American markets—90% of potential customers are within a 30-minute drive

High Income Potential: With earnings in U.S. dollars

Financing Options: Wide availability of mortgage credit enhances sales opportunities

Hotel Market: Limited hotel supply in the region boosts the property's value

Nearby Services & Amenities

Rosarito: Just 15 minutes away, with shopping centers like Walmart and Home Depot

Tijuana: Also 15 minutes away, offering high-end dining and retail

Utilities & Access: All services connected to the city network with public transportation available

This property offers an exceptional investment opportunity, especially considering the flexible usage potential and favorable market conditions. For more details, contact Luis Bustamante to review documentation and discuss possible adaptations for the project.
The price in dollars is for informational purposes only for the foreign market. The final cost in Mexican pesos will be subject to the exchange rate on the day of signing the deed before a Notary Public, in accordance with the Official Journal of the Federation.