The property is located within easy walking distance of town, a half a block from the marina and 60 yards from the best swimming beach in the area. The property is called Casa Rafael's and is a fine dining restaurant and ten room hotel which opened September of 1994. The business has operated in the black since it's inception and has enjoyed an increase in profits every year since opening. There is plenty of growth potential, as the current operation only serves dinner. This is a completely turn key operation, with built in clientele, a highly trained staff and all necessary permits and licenses for operations.
Owners are available and eager to assist during the transition period.
Included in the sale of this property is the adjacent vacant lot which includes all permits and licenses to construct an 22 unit condominium project, in which the current owner is available to assist in this development. The properties are located in Cabo San Lucas, Mexico in the area known as Los Cabos. Los Cabos is experiencing unprecedented development into a major resort destination. The development of major upscale hotels, extensive championship golf courses, high end residential housing, major shopping centers and easy access from many major metropolitan areas has added to the attraction and helped to make Los Cabos one of the fastest growing areas in all of Mexico. Between the existing and the planned development in Los Cabos, investments have exceeded the billion dollar mark.