Turnkey income-producing apartment building in the heart of Playa del Carmen, just one block from Fifth Avenue and a short walk to the Caribbean Sea.
This boutique asset features 10 fully equipped 2-bedroom units, designed to capture consistent demand in one of the most walkable and high-occupancy zones of the city. Positioned in the highly sought-after Little Italy area, the property benefits from year-round rental activity driven by tourism, digital nomads, and long-stay visitors.
With approximately 12,610 Sq. Ft. (1,171.47 m²) of construction on a 2,153 Sq. Ft. (200 m²) lot, the building offers an efficient layout that maximizes rentable space and operational simplicity. Each unit is designed for comfort and functionality, allowing for immediate short-term rental operation or a hybrid rental strategy.
This is a rare opportunity to acquire a full building in a prime downtown location—an increasingly limited asset class in Playa del Carmen. The scale of the property makes it ideal for investors seeking a manageable boutique operation with strong upside potential through professional management, brand repositioning, or conversion into a boutique hotel concept.
The property can be operated as a turnkey short-term rental business or repositioned to increase average daily rates and occupancy performance. Its proximity to top restaurants, beach clubs, and retail enhances its competitive positioning within the market.
Ideal for investors looking for:
Immediate rental income
Value-add potential
Prime location with high liquidity
Long-term appreciation in one of Mexico’s fastest-growing coastal markets
Property taxes $20,000 pesos/year