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Luxury Yurt Resort For Sale in Panajachel, Solola, Guatemala

Exclusive, And Unique Property Overlooking Lake Atitlan

Asking Price: $1,500,000 USD  (Financing Available)

Ive been running Jennas BB for the past 12 years in Panajachel and built this business up with the intention of selling it as a retirement investment.
Ranked Number 1 on TripAdvisor since 2013, we get TripAdvisor Travellers award every year as well as the Certificate of Excellence.
In September of 2015 I purchased an acre of land on which to build the bed and breakfast with spectacular views to Lake Atitlan 1 mile from the town of Panajachel.

This Bed and Breakfast is made up of 9 Guest yurts. Based on the idea of a traditional round yurt, these are more luxurious with solid walls and each has private bathrooms with showers and bath tubs with views to the lake.
There is a large Restaurant, Bar, Spa, and pool which provides a unique and luxurious accommodation experience for guests while maintaining profitability and increasing revenue. An electric powered mini cable car is also installed down the side of the property which allows older guests to get up and down to the lower levels .
One of the yurts has been designed for Owner or manager with bedroom, bathroom, terrace and office. There are good international schools in Panajachel as well as good medical facilities.
The current nightly rate is between $ 90.00 and $ 150 a night.
For the past 6 years, occupation during high season, (6 months of the year) has been 78%.
During the rest of the year, occupation is 45%.
The property and business is debt free.
Apart from the bed and breakfast business, the Restaurant has been gaining good reviews and is now attracting clients from outside of the hotel to come and enjoy the views, sunsets from the bar and good food.
I have a well trained staff both in the restaurant and bar as well as the cleaning, gardening and maintenance of the site.

My clientele have always been 60% professional people between 30 to 50 years of age comfortably well off, 20% of people between 50 to 75 years of age who are semi retired and retired who come on various volunteering type projects and another 20% of younger wealthy single and married couples on holiday or on honeymoon holidays.

There is room on the property for expansion. More entertainment areas and\/or more yurts.

I am open to the possibility of training a manager or new owners in the management of this business for three or four months.
It is useful to know that it is permissible and easy for foreigners to own land and have businesses in Guatemala.
This business that I am selling is completely legal and all the required environmental and Governmental requirements and regulations have been adhered to. It comes with current business licence. All taxes are up to date.
The new owners will also benefit from 12 years of excellent reviews on TripAdvisor. To date there are 430 reviews.
The well trained staff is also available to the new owners.


About This Property

Category:
Hotels
Address:
Km 1.7 Carretera Santa Catarina, Rancho Grande
Km 1.7 Carreterra Santa Catarina, Panajachel
Panajachel
Solola 07010
Guatemala
For Sale By:
Owner
Construction Year:
2016
Area:
1 Acres
Bedrooms:
9
Bathrooms:
12
Sleeps:
20
Stories:
n/a
Parking Spaces:
4



Features - Amenities

  • Lake View
  • Mountain View
  • Balcony
  • Terrace
  • Furnished
  • Appliances
  • Laundry Room
  • Patio
  • Pool
  • Gym/Spa
  • Cable TV
  • Restaurant,
  • Bar
  • Jacuzzi
  • High Speed Internet


Pictures  (click to view a larger image)


Contact - More Information

Jenna's River bed and breakfast jennifer Bigman
 
Phone:   54581984  (Guatemala)
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