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$22,000,000 MXN
For Sale

Building in Mérida Centro, Mérida

Published
0 parking spaces
726.14 m² total space
610 m² Lot Size
62 m long
9.7 m lot width
Number of Floors in the Building: 3
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Investment opportunity / hotel project of 21 rooms in Santa LucíaOportunidad de inversión / proyecto hotelero de 21 habitaciones en Santa Lucía

Hotel project in a prime location in downtown Mérida

A property with great potential to be converted into a boutique concept, hostel, or urban lodging, just 200 meters from Parque de Santa Lucía.

Located in one of the areas with the greatest tourist, culinary, and cultural activity in Mérida’s Historic Center, this property represents an opportunity for investors looking to develop a lodging project in a location that is difficult to replicate.

The property has 610 m² of land, with 9.70 meters of frontage by 62 meters deep, and currently operates as a hotel.

Its layout combines the character of an old house with high ceilings at the front, with a rear building that houses 21 rooms, creating an interesting blend of traditional architecture and existing hotel space.

Development potential

The property offers different possibilities for a new hotel concept:

• Conversion into an urban boutique hotel.
• Development of a design hostel aimed at domestic and international travelers.
• Lodging concept for young travelers, digital nomads, or short stays.
• Creation of common areas, a rooftop, or a social terrace.
• Addition of a lap pool at the rear, taking advantage of the lot’s long configuration.
• Use of the existing terrace beyond the reception area to create a social space, restaurant, bar, or gathering area.

The front house retains features that can become an important part of the project’s identity, while the rear building makes it possible to start with existing hotel infrastructure.

A location that makes a difference

Approximately 200 meters from Parque de Santa Lucía, the property is located within one of the most attractive corridors in the Historic Center, surrounded by restaurants, hotels, culinary offerings, bars, and entertainment venues.

Its proximity to Santa Lucía makes it possible to take advantage of the area’s tourist flow and nightlife, as well as its proximity to other iconic spots in downtown Mérida.

A property for investors

The property is currently operating as basic lodging, mainly serving workers and staff from establishments in the area.

The true appeal of this property lies in its potential for transformation.

This is not a finished hotel ready to operate under a premium concept from day one: it requires a significant investment in maintenance, upgrades, and adaptation of the spaces. Precisely for this reason, it represents an opportunity for an investor, developer, or hotel operator who can acquire it and carry out a comprehensive renovation to create a higher-value, more profitable product.

The combination of location + area + 21 rooms + existing construction + spaces suitable for conversion makes it possible to plan a completely new project without starting from scratch.

A property for someone who is not simply looking to buy a hotel, but to create a hotel concept in one of the most attractive areas of Mérida’s Historic Center.

*Property prices are subject to change without prior notice; monthly update, please verify availability
*This price does not include taxes, appraisal, or notary fees
*The total price will be determined based on the variable amounts of credit and notary-related costs, which must be confirmed with the promoters in accordance with the provisions of NOM-247-SE-2021
*Images for illustrative purposes
*Review conditions at the time of purchase.

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Financing Options

Open to listening to proposals.Abiertos a escuchar propuestas.

Features
Exterior
  • Patio
  • Roof Garden
Location

56, Mérida Centro, Mérida, Yucatán

Publisher

Novva Real Estate Agency
Novva Real Estate
Member since 2019

Listing Data

  • Listing ID EB-WX3200
  • Operation Type Sale
  • Property Type Building
  • Neighborhood Mérida Centro
  • Postal Code 97000
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