Seafront Tourist Complex for Sale in Playa Blanca, Tijuana

Description:

Seafront Tourist Complex for Sale in Playa Blanca, Tijuana

Price: $35,700,000 USD ($17.78 MXN/USD exchange rate)

Location and Accessibility
Location: Beaches of Tijuana, near the U.S. border.
Accessibility: Just 25 minutes from the international border. Access via the scenic highway with ocean views and proximity to one of the best beaches in the region.
Building Features
Construction Status: 60% completed (unfinished), with areas like the lobby and some rooms more advanced due to sales initiated in 2009.
Type: Designed as a condo-hotel.
Structure:
Floors: 10 (includes 2 underground parking levels).
Projected Units:
226 condos.
124 hotel rooms.
35 villas.
Total Built Area: 74,666.40 m² on a 12,346.44 m² oceanfront lot.
Engineering Reviews: Specialized assessments available to ensure construction safety.
Potential Uses
Primary Use: Condo-hotel as originally planned.
Alternative Options:
Mixed-use for offices, clinics, assisted living, or partial Airbnb rental.
Adaptations to current market trends differing from 2009 demands.
Legal Status and Documentation
Available Documents: Legal papers accessible at the office of agent Luis Bustamante.
Ownership: Held by a financial company.
Permits and Approvals: Original permits and feasibility reports are available.
Market Conditions
Investment Opportunity: 2024 is an ideal year for coastal hotel and residential investments in Tijuana.
Strong Demand: 90% of consumers are within a 30-minute drive.
High Revenue Potential: Income in USD.
Mortgage Availability: Extensive credit facilities increase sales potential.
Hotel Market: Limited local supply enhances investment appeal.
Nearby Services and Amenities
Rosarito: 15 minutes away, with Walmart and Home Depot.
Tijuana: Also 15 minutes away, offering world-class shopping and dining.
Utilities: Connected to city infrastructure with public transport available.
This property offers exceptional investment potential, whether for its original concept or adapted to evolving trends. For detailed information, contact Luis Bustamante to review documentation and explore options for the project's use and development.

The price in dollars is merely informational 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 according to the Official Federal Journal.