Tourist Complex for Sale with Stunning Ocean Views in Playa Blanca, Tijuana

Description:

Tourist Complex for Sale with Stunning Ocean Views in Playa Blanca, Tijuana
Property for Sale: Building in Playas de Tijuana
Price: $35,700,000 USD (Exchange rate: $17.78 MXN)

Location and Accessibility

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

Accessibility: Just 25 minutes from the international border. Accessible via the scenic highway, offering ocean views and proximity to one of the best beaches in the region.

Building Features

Construction Status: 60% completed (shell stage), with areas like the lobby and some rooms more advanced due to initial sales in 2009.

Building Type: Designed as a condo-hotel.

Structure:

Floors: 10 (including 2 underground parking levels).

Projected Units:

Condominiums: 226

Hotel Rooms: 124

Villas: 35

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

Engineering Reports: Luis Bustamante, the listing agent, has access to specialized engineering offices to ensure the safety and integrity of the construction.

Potential Uses

Main Proposal: Condo-hotel, as originally conceived.

Alternative Options:

Mixed use including offices, clinics, assisted living, or partial AirBnb use.

Adaptable to current trends, which differ from those of 2009.

Legal Status and Documentation

Documentation: Legal documents available at the office of listing agent Luis Bustamante.

Ownership: Currently under a financial company.

Permits and Feasibility: Access to original permits and feasibility reports from the start of construction.

Market Conditions

Investment Opportunity: 2024 presents an excellent opportunity to invest in hospitality and residential developments along the Tijuana coast.

Demand: Strong demand from both the Mexican and U.S. markets. 90% of potential consumers are within a 30-minute drive.

Revenue Potential: High, in U.S. dollars.

Credit Facilities: Mortgage availability boosts sales potential.

Hotel Market: Limited hotel supply in the region increases investment appeal.

Nearby Services and Amenities

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

Tijuana: Also 15 minutes away, offering world-class shopping and dining.

Utilities: Fully connected to city infrastructure and public transportation.

This building represents a prime investment opportunity, especially considering the potential for diversified use and the favorable market conditions. For more information, contact Luis Bustamante to review documentation and discuss project adaptation options.
*Price: 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 before a Notary Public in accordance with the Official Journal of the Federation