170 Aripes, Casa Residencial Chukum, La Paz

Narrative

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.