$1,791,045
Turnkey Investment Opportunity - Proven Vacation Rental Business in La Paz, MexicoThis is a rare investment opportunity in La Paz: a fully operational vacation rental business with a solid and verifiable Airbnb performance history since January 2024.The property generates approximately MXN $350,000-$470,000 per month in gross rental income, with fixed monthly operating expenses of approx. MXN $60,000, which already include maintenance, cleaning, electricity, water, gas, and property taxes.The property is sold fully furnished and equipped (turnkey).It holds a commercial appraisal of MXN $30,000,000, which is also the asking price.Based on current performance, the property delivers an estimated net annual ROI of approximately 14% (after operating expenses), allowing investors to recover their capital in approximately 7 years.By leveraging additional revenue streams--such as private dining experiences, massages, tours, or transportation services--returns could be achieved even faster, using conservative projections.Property Overview - Casa ChukumCasa Chukum stands out for its architectural design, scale, and capacity to host large groups, including international artists and professional teams, who have consistently chosen this property for extended stays.Key distinguishing features include:Panoramic bay viewsHigh ceilingsThe largest handcrafted stained-glass window in La PazUnique architectural and design details that make the property virtually without direct competitionThe property maintains an average monthly occupancy between 75% and 89%, advertised exclusively on Airbnb. Expanding to additional platforms could realistically achieve near-full monthly occupancy.Accommodation capacity: 18-20 guests with full privacy, thanks to its functional multi-unit layout.Layout & DistributionMain House4 bedrooms, each with private en-suite bathroomFully equipped kitchenTV lounge and living roomRooftop terrace with jacuzzi and BBQ areaTwo Independent Apartments2 bedrooms and 2 bathrooms eachKitchen and dining areaPrivate rooftop terrace with jacuzziOne Fully Equipped StudioKitchenette and full bathroomProperty Totals & Amenities9 bedrooms7 full bathrooms + 3 half baths4 outdoor showers3 jacuzzisSteam roomPizza oven3 BBQ areas (gas and charcoal)4-car garage2 laundry rooms2 storage roomsFreight elevator (service lift)26,000-liter cistern (~6,870 gallons)Whole-property water filtration systemLocationPrivileged hillside location just 2 minutes from the Malecón, close to beaches, restaurants, and city attractions, offering privacy, tranquility, and panoramic views while remaining highly accessibleAdditional ValueExcellent Airbnb reviews already in placeOptional property management available at 20%, allowing the investor to receive passive income with no operational involvement.Important NoteThe property currently carries a MXN $4,000,000 mortgage with Banco Banorte, fully current and in good standing.
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10
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26-925
MLS
Casa Residencial Chukum, La Paz
