PLAYA HEAVEN ROOFTOP This cash machine property is conveniently located in an up-and-coming area next to Avenida Benito Juarez, one of the biggest avenues in all of Playa Del Carmen Mexico. The building is a well-planned hostel-style budget hotel, that has an amazing rooftop with a bar and a sun deck. The area boosts numerous new building projects and will likely grow significantly in the coming years, making way for property value increase in the double digits. Size of construction: 574 square meters Lot size: 136 square meters Building levels: 3 levels containing bedrooms and bathrooms, and 2 upper rooftop levels Dorm rooms: 12 bedrooms Air conditioners: 12 units powered by free solar energy 24/7 Toilets & Showers: 11 toilets and 10 shower units with electric heaters Reception area: Here you will find a common area with a kitchen and a reception desk Bunk beds: 120 beds with memory foam mattresses Solar panels: 26 panels powering the entire building, so electricity bill = ZERO Water well: Private 18 Meters deep well with unlimited free supply of water, forever! Rooftop: Lush rooftop garden with sundeck and 90 seats Internet: 1000 mbs. high speed internet on all levels The Bar: Spacious rooftop bar with double BBQ grill for sale of foods and beverages Property Potential: Compared to average property investments, like condos and houses in this area, that has around 10-15% annual returns minus management, and often end up yielding less than 10% after expenses, Playa Heaven Rooftop is in a completely different league, where all the extra services cash flow even more than the accommodation itself. So instead of receiving an annual return in the single digits, with the right type of management you can expect annual returns in the high double digits, even after expenses. Estimated Returns Beds: Average hostel bunk beds in Playa Del Carmen go for as low as 10 usd a night in low season, and for around 30 usd a night in high season. So with 120 bunk beds, Playa Heaven Rooftop will generate 1,200 usd per day, 36,000 usd per month, total 432,000 usd per year , just on bunk beds alone.
