Casa Palacios

This multi-level property offers four bedrooms plus a separate studio and four bathrooms, combining residential comfort, income history, and commercial flexibility in one of Isla Mujeres’ most practical locations.

Set along a well-traveled road, the property benefits from strong visibility and drive-by traffic while sitting far enough back to remain quiet and comfortable once inside. A private interior garden courtyard creates a natural buffer from the street and becomes the center of the property, bringing in light, airflow, and a sense of separation between the different living spaces.

The ground floor features a generous one-bedroom apartment with a full kitchen, bathroom, and open living and dining areas. This level has previously been rented and has also operated as a restaurant, making it particularly well suited for buyers looking for flexibility. The layout, visibility, and access naturally support residential rental, a small commercial operation, or a mixed-use concept, depending on zoning and the buyer’s plans. The space feels open and welcoming, with good light and a footprint that adapts easily to different uses.

Behind the main structure, accessed through the garden courtyard, is a separate studio-style quarters with its own bathroom. This space works well as staff housing, a caretaker’s unit, guest accommodations, or a private owner’s residence if the main units are rented. Its separation from the main living areas adds privacy and expands the ways the property can be used or monetized.

Upstairs is a large three-bedroom apartment with two full bathrooms and an expansive open living and dining area. The scale of this level stands out, with wide rooms, comfortable proportions, and an easy, livable layout. Natural light enters from multiple sides, and the apartment feels airy and relaxed throughout the day. This upper level works equally well as a full-time residence or a high-quality long-term rental.

Above the upper apartment is an open rooftop terrace that adds another layer of usable space. Whether used for relaxing, entertaining, or simply enjoying the open sky and island atmosphere, it offers flexibility without overdefining its future use.

With on-site parking, a private interior garden courtyard, multiple independent living spaces, and a proven history of both residential and commercial income use, this is not a single-purpose property. It is a solid, adaptable asset with character, visibility, and room to evolve over time.