Hotel for Sale in La Paloma, Rocha, Uruguay

High Returns on Lifestyle Hotel for Sale on Coast of Uruguay

This Hotel, situated across from the beach in one of Uruguay’s prominent travel destinations, is being offered for sale by its owners. The Hotel is the best in town and reaped a huge profit in the first season of trade. It is easily run, with an intense trade throughout the summer months and then the option of closing throughout winter, or with little promotion expand the season by cashing in on the natural/whale tourism and attraction rich area.

Offering

* Brand New Modern 16 Suite Apart Hotel. Each fully equipped suite features:


+ Kitchenette Complete with coffee perculator, microwave, fridge,

+ Private balcony with Ocean Views and parillero ( Uruguayan BBQ)

+ Pillow top queen beds

+ Lounge or sofa bed

+ 32”LCD screens

+ DVD

+ Split System Air conditioning

+ Large Bathroom (4 with two person spa bath, 7 with Hydro massage shower cabins


* 4800m2 land. 1600m2 have been occupied with the Hotel and pool with 3200m2 ready for expansion

*Planned expansions:
+ Additional Pool
+ Day Spa(would be the only one in town)
+ Restaurant (on road front offering services to in house guests and public alike).
+ 24 Additional Apartments
+ Gym and Games Room

* The property boasts an 80m road frontage and a stylish Hotel facade stands out and commands the attention of anyone passing by.

* Approved Government Benefits - Tax Incentives and Exemptions, Discounted Rates and Expansion Incentives
Project submitted to the Government allowing for tax incentives and exemptions, discounted rates and expansion incentives.

* Approved Bank Loan for US$ 850 000 which can be utilized for Expansions (24 Apartments, Swimming Pool, Restaurant etc)

* The property is situated across from the beach and enjoys fabulous views of Anaconda beach and towards the Laguna de Rocha. Throughout the summer the guests enjoy of the beach club services and in the winter we are able to watch the whales frolicking in the waters close to the shore.

* La Paloma is an enormously expanding Resort town situated on the coast of Uruguay. It is largely popular with Argentinians, Brazilians, Europeans, Americans and Canadians.

* Growth throughout the area has been astronomical throughout the last couple of years, with this year more development emerging.

This Hotel would ideally suit a lifestyle investor looking for a brand new property that offers a high return on investment with opportunity to expand, low overheads and low wages in a safe country experiencing strong growth during the global economic downturn.

This property is regretfully being offered for sale solely due to personal reasons.