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Home for sale in Cancun Downtown SMZ 3

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House in Cancun with Outdoor Space
  1. Mexico
  2. Quintana Roo
  3. Cancún

Special House for a smart Investor. This 371 m² house on 3 floors, in the center of Cancun, SM: 3, has just come on the market and is truly special and only a smart investor will appreciate its potential. We know.A house to demolish and build an apartment building for vacation rental, in the exclusive area of ??the famous NADER. This house for apartment building, is CONTRIBUTED to the developer. The investment opportunity is there very clearly.What makes this property special is what can be done in it, a 5-story building, 1 home for every 40 m2, that is, 8 apartments, possible business: boutique hotel, vacation rental apartments or offices, (in considerable demand in this area) 1 minute from the Municipal Palace, 5 minutes from the ADO terminal, 15 minutes from the Hotel Zone.This type of property does not often come on the market and a smart investor will take advantage of this rare opportunity. I hope it’s you.GENERAL CHARACTERISTICSArea: 371 m2Land use: Mixed Main CorridorLevels: 5SOC: 70%Density: 8Call us to provide you with all the information about this property and organize a viewing as soon as possible!

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Features

Balcony/PatioBoth
PoolPrivate

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$/Sq.Ft.$124
$494,055USD

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Home for sale in Cancun Downtown SMZ 3
Beds 0
Baths 0
Sq.Ft. 3,993
Potential rental income:$1380/month
Our estimated rental income is based on other 0 bedroom homes in the same area who report earning $1380 per month, and being full 77% of the time. Actual rental income is based on a number of factors and is not guaranteed. Contact us if you’d like help getting a more precise estimate for this property.
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Any plans to visit Mexico?

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Are you able to make this purchase with cash?

Financing in Mexico, for foreigners especially, is expensive and atypical

Are you able to make a 35% down payment?

For foreign purchasers lenders require a minimum property value of $250K, so this is $87,500 upfront plus closing costs

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$494,055USD
Home for sale in Cancun Downtown SMZ 3
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