UP AND RUNNING BUSINESS IN CANCUN
REQUIRED INVESTMENT: U$ S 2,000,000
DEMONSTRABLE ANNUAL PROFITABILITY: 10 %
- A fully operational business.
- Up to date management and accounting in order.
- No liabilities.
This legally constituted company in Mexico has two condominium type housing developments, comprising of fully equipped apartments to let over a 12 month renewable period. The apartments are aimed to attract the top Executive Market.
THE BUILDINGS
- Complex #1: A building right in the heart of Cancun, comprising of 8 fully equipped and furnished tworoom apartments (cooker, refrigerator, air conditioning and WiFi).
- Complex #2: A two buildings complex in the center of Cancun, comprising 32 apartments, pent house, swimming pool with recreational area and interior parking. All units are furnished and fully equipped, with cooker, refrigerator, air conditioning and WiFi.
THE BUSINESS
The business has been operational since 2010, always with full occupancy. There is also an extensive waiting list of people seeking an apartment which are highly sought after due to the safe, cosmopolitan, calm atmosphere that has been created and the high standards maintained throughout.
One of the keys to this Company's success lies in the simplicity of the operation, which is managed and administered by two professionals, one supervisor and the support of an external legal and accounting firm.
The administrative expenses, tax included, are about ten per cent of the total revenue, based on the current pricing scheme.
AN INVESTMENT WITH INCREASING PROFITABILITY DUE TO THE RISE OF PROPERTY PRICES IN A CONSTANTLY SOUGHT AFTER AREA.
CANCUN, AN INVESTMENT WITH GUARANTEED RETURNS
- Cancun is a constantly growing city with a highly developed international tourist market. It is, in fact, the main tourist destination in Mexico.
- It has a population of more than one million people, with a rate of growth of 8 per cent per annum.
- Thanks to its location and infrastructure, it is the distribution center of the Mayan Riviera, which includes Tulum, Cozumel, Puerto Morelos, Isla Mujeres, Hollbox island and Port Aventura.
- Cancun receives more than 16 million visitors per year, reaching a 12.40 % annual growth rate.