Villa Orquidea
Merida, Mexico
Offered for sale at $1,500,000
An award winning architect designed this beautiful boutique hotel restoring a building with more than 100 years. Excellent opportunity for someone interested in a new but already operational property with excellent reputation and reviews. Staffed and generating money even during the Pandemic. All permits are in order and despite the short time it has been operating there are already some loyal recurring customers.
Perfect for someone that wants to retire in Merida while keep having something that generates cash flows and offer the opportunity to work from time to time or get more involved if desired.
The place and the concept is homey yet luxurious, traditional and modern at the same time, and full of love from the architects, the owners and the manager that runs the hotel. With a great location in an up an coming city recognized as one of the top tourist destinations world wide.
The current owners had some live changing events recently so they are willing to move on if a serios offer its presented.
7 rooms + 1 room for inn keeper and space for owners apartment and /or commercial space for lease.
Located in the historic center of Merida, one of the best cities to live and also an up and coming destination for tourism. This is a fantastic real estate and business opportunity.
Property Details- 7 Guest Rooms
- 8 Guest Room Baths
- Has Owner's Quarters
- Built in 1890
- Last Renovated in 2019
- Opened in 2020
- Building is 6,500 SQFT
- Lot is 0.15 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $1,500,000
- Occupancy Rate: 65%
- Average Daily Rate: 150
- Annual revenue is $250,000
- Terms: Projected numbers, since 2.5 months after oppening Covid 19 started.
This property also appears on these pages: