THIS PROPERTY HAS BEEN SOLD

LA PAZ, BAJA CALIFORNIA SUR, MEXICO

BEACHFRONT INN WITH RESTAURANT, BAR AND DELUXE AMENITIES

POSADA SANTA FE is an exclusive beach front hacienda in the "old world" tradition with an unparalleled Bed & Breakfast Inn. Centrally located in the Baja California Sur capital city of La Paz   at the sea wall ("Malecon)," the Inn is considered to be among the city's most beautiful mansions and offers all guests a breathtaking view of the sea.

Newly designed to recreate the atmosphere and architecture from an era of classic Mexican Haciendas, the Bed & Breakfast Inn's Air Conditioned guest rooms and suites, are provided with elegant private baths finished in marble and contain servi-bars.

Established July 1998

    Annual Gross US$117,576  (6 units in 1999-2000@ 65.17% Occupancy - Food and Beverage Excluded)
    Three units have been added, (includes 2BR villa) which, at current occupancy  levels  should increase the gross to $198,000 US.
    Current Total of 9 units with plans for additional four. (Underground Infrastructure now in place.)
    Projected Food and Beverage Gross: US$135,000.
    Projected Concierge and ancillary income: $7,500.00
    Space available for gift shop.
    12 Month Expenses ending June 2000: US$48,732.00 which included expenses for owner who had resided in one unit until May, 2000.

ASKING US$1,285,000

    ***
ABOUT LA PAZ

La Paz, where Cortez landed in 1535 to establish a colony, offers many attractions for you to discover. Known the world over as "The City of Peace", La Paz is one of the most beautiful cities of Baja California Sur, Mexico's Northwestern region. Even before John Steinbeck's famous visit to the Sea of Cortez, La Paz had become known as a favorite tourist beach destination for its excellent sport fishing, snorkeling, magnificent natural beauty, and its unique geographic location. La Paz is a privileged place for those who love nature. Modernly the "ecotourist" have discovered La Paz giving rise to many highly specialized activities, there being tours to Baja California Sur's Laguna and San Francisco mountain ranges, to sites of Rupestrian paintings, missions, the whale sanctuary, to desert areas (veritable geological laboratories); and places where wild animals and plants can be studied. 

La Paz is also the modern capital city of Baja California Sur, Mexico, with a variety of classical tourist services.