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$ 1,791,045
Est. payment | /mo
9 Beds
10 Baths
4,573 SqFt
$ 1,791,045
Est. payment | /mo
9 Beds
10 Baths
4,573 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,573 sqft
Price per Sqft $391
Subdivision Lomas De Palmira
MLS Listing ID 26-925
Bedrooms 9
Full Baths 7
Half Baths 3
Land Area 4573
Property Description
Turnkey Investment Opportunity - Proven Vacation Rental Business in La Paz, Mexico
This is a rare investment opportunity in La Paz: a fully operational vacation rental business with a solid and verifiable Airbnb performance history since January 2024.
The property generates approximately MXN $350,000-$470,000 per month in gross rental income, with fixed monthly operating expenses of approx. MXN $60,000, which already include maintenance, cleaning, electricity, water, gas, and property taxes.
The property is sold fully furnished and equipped (turnkey).
It holds a commercial appraisal of MXN $30,000,000, which is also the asking price.
Based on current performance, the property delivers an estimated net annual ROI of approximately 14% (after operating expenses), allowing investors to recover their capital in approximately 7 years.
By leveraging additional revenue streams--such as private dining experiences, massages, tours, or transportation services--returns could be achieved even faster, using conservative projections.
Property Overview - Casa Chukum
Casa Chukum stands out for its architectural design, scale, and capacity to host large groups, including international artists and professional teams, who have consistently chosen this property for extended stays.
Key distinguishing features include:
Panoramic bay views
High ceilings
The largest handcrafted stained-glass window in La Paz
Unique architectural and design details that make the property virtually without direct competition
The property maintains an average monthly occupancy between 75% and 89%, advertised exclusively on Airbnb. Expanding to additional platforms could realistically achieve near-full monthly occupancy.
Accommodation capacity: 18-20 guests with full privacy, thanks to its functional multi-unit layout.
Layout & Distribution
Main House
4 bedrooms, each with private en-suite bathroom
Fully equipped kitchen
TV lounge and living room
Rooftop terrace with jacuzzi and BBQ area
Two Independent Apartments
2 bedrooms and 2 bathrooms each
Kitchen and dining area
Private rooftop terrace with jacuzzi
One Fully Equipped Studio
Kitchenette and full bathroom
Property Totals & Amenities
9 bedrooms
7 full bathrooms + 3 half baths
4 outdoor showers
3 jacuzzis
Steam room
Pizza oven
3 BBQ areas (gas and charcoal)
4-car garage
2 laundry rooms
2 storage rooms
Freight elevator (service lift)
26,000-liter cistern (~6,870 gallons)
Whole-property water filtration system
Location
Privileged hillside location just 2 minutes from the Malecón, close to beaches, restaurants, and city attractions, offering privacy, tranquility, and panoramic views while remaining highly accessible
Additional Value
Excellent Airbnb reviews already in place
Optional property management available at 20%, allowing the investor to receive passive income with no operational involvement.
Important Note
The property currently carries a MXN $4,000,000 mortgage with Banco Banorte, fully current and in good standing.
This is a rare investment opportunity in La Paz: a fully operational vacation rental business with a solid and verifiable Airbnb performance history since January 2024.
The property generates approximately MXN $350,000-$470,000 per month in gross rental income, with fixed monthly operating expenses of approx. MXN $60,000, which already include maintenance, cleaning, electricity, water, gas, and property taxes.
The property is sold fully furnished and equipped (turnkey).
It holds a commercial appraisal of MXN $30,000,000, which is also the asking price.
Based on current performance, the property delivers an estimated net annual ROI of approximately 14% (after operating expenses), allowing investors to recover their capital in approximately 7 years.
By leveraging additional revenue streams--such as private dining experiences, massages, tours, or transportation services--returns could be achieved even faster, using conservative projections.
Property Overview - Casa Chukum
Casa Chukum stands out for its architectural design, scale, and capacity to host large groups, including international artists and professional teams, who have consistently chosen this property for extended stays.
Key distinguishing features include:
Panoramic bay views
High ceilings
The largest handcrafted stained-glass window in La Paz
Unique architectural and design details that make the property virtually without direct competition
The property maintains an average monthly occupancy between 75% and 89%, advertised exclusively on Airbnb. Expanding to additional platforms could realistically achieve near-full monthly occupancy.
Accommodation capacity: 18-20 guests with full privacy, thanks to its functional multi-unit layout.
Layout & Distribution
Main House
4 bedrooms, each with private en-suite bathroom
Fully equipped kitchen
TV lounge and living room
Rooftop terrace with jacuzzi and BBQ area
Two Independent Apartments
2 bedrooms and 2 bathrooms each
Kitchen and dining area
Private rooftop terrace with jacuzzi
One Fully Equipped Studio
Kitchenette and full bathroom
Property Totals & Amenities
9 bedrooms
7 full bathrooms + 3 half baths
4 outdoor showers
3 jacuzzis
Steam room
Pizza oven
3 BBQ areas (gas and charcoal)
4-car garage
2 laundry rooms
2 storage rooms
Freight elevator (service lift)
26,000-liter cistern (~6,870 gallons)
Whole-property water filtration system
Location
Privileged hillside location just 2 minutes from the Malecón, close to beaches, restaurants, and city attractions, offering privacy, tranquility, and panoramic views while remaining highly accessible
Additional Value
Excellent Airbnb reviews already in place
Optional property management available at 20%, allowing the investor to receive passive income with no operational involvement.
Important Note
The property currently carries a MXN $4,000,000 mortgage with Banco Banorte, fully current and in good standing.
Interior
Interior Features Second Kitchen, Kitchen Nook
Appliance Oven, Refrigerator
Exterior
Exterior Feature Terrace, BBQ Area
Pool Pool
Amenities Available Pool, Patio, Terrace, BBQ Area, Kitchen Nook, Second Kitchen
View Ocean
Porch Patio
Nearby Locations