Oceanfront condo FOR SALE at the Rosarito Beach Condo Hotel at $220,000 dlls
Located in one of the most famous beach spots of Rosarito, right in front of the water, year round sandy beach: now you can own a piece of the legend!
This gorgeous property features 2 Bedrooms and 2 Bathrooms, this is one of the very few "executive suites" (1,120 SqFt living area) available for sale at this time and offers way better view than the other unit in the market with this floor plan in a lower floor.
You will see many other units for sale in the RBH with the one bed one bath set up that are smaller than this unit.
This condo is located on the 4th floor of the iconic Rosarito Beach Hotel new Tower, offering a magnificent view of the ocean and the amenties.
Excellent option as an investment and for personal use as well.
This is a resale, individually owned. Title is clean and clear, via Fideicomiso with Banorte. Financing is not available for this unit.
1 King, 2 double +1 sofa bed
Granite countertops in kitchen and bath, stainless steel appliances, all furnished and decorated.
No washer & dryer (only the hook ups).
The Rosarito Beach Hotel's Administration offers to enroll the condo in their rental program. If you do, you don't have to pay any HOA fees, plus they take care of the utilities, bookings, daily maid service, check-ins of your guests, cleaning and maintenance of the property, also you don't have to pay the fee for the beach/facilities access.
While in the rental program with the Hotel administration, the profits are shared 50%-50% with them. The return on investment is about 5% per year.
If you sign up for their rental program, you can still use your condo for a total of 8 weeks a year without paying utilities, HOA, daily maid, etc. You only pay for the yearly property taxes, property insurance and bank trust fees, which are standard ownership costs.
Your unit is added to their role of rentals, so your property will be chosen for booking the same as anyone else, as it becomes part of their booking roll, taking its turn same as the others.
Owners are NOT allowed to make their own rentals through VRBO or Airbnb or any similar website.
If you do not wish to enter into their rental program or if you want to live in the property full time, your monthly expenses would be approximately the following: HOA ($300 dlls per month) a monthly fee for access to the beach and the hotel facilities ($94 dlls per month ), plus your utilities, taxes and bank trust fees.
Appointments to show are restricted as this property is on the rental program and most of the time it is booked/occupied by the hotel guests.
Please view the professional pictures and copy paste in your browser the link for a 360° video tour of the property here --> https://www.panoramex.net/rosaritobeachhotel/407/ub/index.html -- where you'd be able to make a virtual walkthrough of the condominium without the need of showing in person.
If you are seriously interested based on the virtual tour, showings in person are only allowed after a purchase offer has been placed and a sales price accepted by the owner, with the contingency of withdrawing the offer after viewing the property in person.