Tourist Complex for Sale – Oceanfront, Playa Blanca, Tijuana

Description:

Property for Sale: Beachfront Building in Playas de Tijuana
Price: $35,700,000 USD (Exchange rate: $17.78 MXN per USD)

Location & Accessibility
Location: Playas de Tijuana, near the U.S. border.
Access: Just 25 minutes from the international border, accessible via the scenic highway with breathtaking ocean views and close to one of the best beaches in the region.

Building Features
Construction Status: 60% complete (unfinished structure). The lobby and some rooms are further along due to pre-sales initiated in 2009.
Building Type: Originally designed as a condo-hotel.
Structure:
• 10 floors (including 2 underground parking levels).
• 226 condominiums planned.
• 124 hotel rooms projected.
• 35 villas projected.
• Total Built Area: 74,666.40 m² on a 12,346.44 m² oceanfront lot.
Specialized Engineering Reports available through Luis Bustamante, the real estate agent, ensuring structural safety.

Potential Uses
Primary Use: Condo-hotel, as originally conceived.
Alternative Uses:
• Mixed-use development: offices, clinics, assisted living facilities, or partial Airbnb rentals.
• Adaptation to current market trends, which have evolved since 2009.

Legal & Documentation
Available Documentation: Legal paperwork can be reviewed in Luis Bustamante’s office.
Title Ownership: Currently under a financial institution’s name.
Permits & Feasibility Reports: Available from when construction began.

Market Conditions & Investment Potential
Investment Opportunity: 2024 is an excellent time to invest in hospitality and coastal residential projects in Tijuana.
High Demand: Strong demand from both Mexican and American markets – 90% of potential customers are within a 30-minute drive.
High Revenue Potential: Income in USD, ideal for investors.
Financing Options: Favorable mortgage financing availability expands potential buyers' pool.
Limited Hotel Supply: Lack of hotel accommodations in the region increases investment attractiveness.

Nearby Services & Amenities
Rosarito (15 min): Walmart, Home Depot, and commercial centers.
Tijuana (15 min): High-end restaurants and shopping centers.
Public Transport: All services are connected to the city’s grid with accessible public transport.

This is a rare investment opportunity! Contact Luis Bustamante for full documentation and explore the possibilities of customizing this project for maximum returns.

Price: The price in USD is for reference only for the foreign market. The final cost in Mexican pesos will be subject to the exchange rate on the day of signing before a Notary Public, according to the Official Gazette of the Federation.