Looking to invest in a beautiful boutique hotel in the Maya Riviera?
The beautiful and award-winning Hotel Cielo and Carboncitos Restaurant in downtown Playa del Carmen are for sale. Located in the heart of Playa, this combination of gorgeous 18-room boutique hotel and 90-seat authentic Mexican restaurant won’t be on the market long, so don’t delay!
The old-world Hacienda-style building is perfectly situated on Playa’s famous 5th Avenue, just a one-minute walk from the pristine white sand beaches of the Caribbean Sea. This ideal location is just steps from the Cozumel ferries and the local bus station, making travel a breeze.
This is truly paradise on earth! The owners are selling because it is time to retire, and they want to find new owners who will continue to shower this beautiful location with the love and attention it deserves.
The lot size of the property is ~354 square meters. The 18-room hotel is ~800 square meters, with potential to build three more stories, more than doubling the size and adding up to 24 more rooms.
Hotel Cielo’s reputation is extraordinary. There are 260 hotels in Playa, and for ten consecutive years TripAdvisor has rated it a Top 20 destination, with Certificates of Excellence awarded every year since 2011. The hotel is also been consistently awarded TripAdvisor’s Hall of Fame and Traveler’s Choice.
Included with the hotel is a strong internet presence: WordPress website with Google Analytics and complete reservation system, in addition to well-managed social media accounts (Facebook, Twitter, Instagram, and TripAdvisor).
From a financial perspective, Hotel Cielo runs conservatively at a 46% occupancy rate with an ADR of ~$105/night. Annual sales average $322K with lots of room to grow. Running at 75% occupancy with no rate increase would produce $517K annually. Raising ADR by $10/night would lead to $567K. Lots of potential!
Carboncitos is one of the oldest, most celebrated, and most authentic restaurants in all of Playa del Carmen. In fact, for 11 years running it has earned the TripAdvisor Certificate of Excellence, and like Hotel Cielo it is in the TripAdvisor Hall of Fame. Of 1,200+ restaurants in Playa del Carmen, Carboncitos has been in the top 5% for ten straight years with more than 3,000+ glowing reviews on TripAdvisor. Years of continued discipline have positioned us well online. It is literally the most talked about restaurant in all of Playa!
Guests come to Carboncitos to relax in a comfortable atmosphere with great drinks and an eclectic mix of old-school Mexican favorites and new world fusion recipes, many of which are made tableside. Whether guests are here for breakfast, lunch, dinner, drinks, or happy hour, they never forget their time at Carboncitos, the finest restaurant in Playa.
In the award-winning kitchen, appliances are new and of the highest quality. And every one of the 5th Avenue street-side tables has a view of the Caribbean Sea. As a testament to the authenticity and quality of the food, nearly one-third of the restaurant’s business is local, meaning that even when the travel industry suffers downtime, Carboncitos thrives. This restaurant’s track record for and continued success is key to your investment.
Restaurant financials will be discussed in private.
When weighing your buying options, consider these attractions:
And don’t forget nearby attractions!
We invite you to have a look around the site, but save this page because it’s hidden from public view.
Ready to buy? We’re ready to sell to the right buyer.
The asking price is 3.9 million USD. Crypto payments are a possibility.
Contact Steven (the owner) for more information by clicking the button below:
Where The Sky...Meets The Sea
We’re on 4th Street between 5th and 10th Avenues, conveniently located near the ferry terminal and ADO bus station. Directions and How to Find Us