Small Boutique Hotel for Sale in Leon, Nicaragua

Beautiful New Boutique Hotel in Leon, Nicaragua

In Nicaragua, a country with a tourism growth rate of 11% per year, we are offering this spectacular new property for sale. It has never been used as a hotel but is completely ready to be launched as a hotel. This means that you can benefit from Law 306, which gives you 10 years tax free on business income when you build or convert a building to a hotel. The conversion here is in name only.

This property is located in a very upscale neighborhood in Leon, Nicaragua. It is close to beaches, mountains, volcanoes, ecological reserves etc. It is centrally located in the beautiful historic city of Leon, famous for its colonial architecture. Leon is enjoying a stable and growing tourism business with an average occupancy rate of 65% in 2007 and an 8% increase in tourism in 2008. The recent figures from ITUR show an increase in tourism of 11% in the first half of 2009.

The property has ample space for a shop and is an ideal jumping off point for a variety of different tours.

A 30% down payment of US$225K (and owner provided financing) will allow you to start a turnkey, highly profitable business in one of the fastest growing tourism spots in the world. At the average occupancy rate of 65%, and a room rate of $60, and with expenses of 30% (excluding financing costs), you can earn an astonishing $199K per year TAX FREE!! These are factual numbers based in tourism information provided by ITUR and can easily be validated. These figures do not include any potential revenue from a restaurant, bar or gift shop.

The owners’ quarters are equipped with upscale kitchen, dining room, huge living room, owners suite with private bath 2 large bedrooms with private bathrooms, a covered balcony and a private entrance.

And as a further incentive, your hotel purchase will include, at no additional cost, a beachfront lot on one of the city’s Pacific coast beaches. This bonus beachfront lot may be used as you wish – possibly as your hotel’s beach club to enhance the appeal and revenue of your hotel or as your own private beach hide-away.

The property comes with a large, air-conditioned well-equipped office and a nearby staff office and washroom.

The hotel grounds are completely enclosed on all sides in the Spanish colonial style and include beautiful park-like gardens that boast a massive fruit-bearing mango tree, various palms and floral gardens. Your new hotel is extremely well built of fireproof concrete with high quality tile floors and ceramic trim throughout. All licences, permits and approvals are in place.

This is truly the opportunity you have dreamed of!!