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Hotel With 9 Private Casitas For Sale in Lake Atitlan, Guatemala
Panajachel’s Number One Hotel On TripAdvisor Is Now For Sale
Asking Price: $1,500,000 USD (Negotiable)
At Lake Atitlan...
Panajachel’s NUMBER ONE Hotel on TripAdvisor is now For Sale!
Established in 2006, and ranked the Number One Hotel in Panajachel by TripAdvisor for the last 7 years, this beautiful and dramatic hotel is perfect for a motivated couple or investors who want a 100% turnkey operation that grosses significant income!
The hotel has 9 private casitas - each with a bedroom, en-suite bathroom and private terrace. In high season, the hotel boasts a 78% occupancy rate, with guests coming from abroad and from the local market as well.
Designed to be low maintenance, this property is of solid construction which requires very little upkeep. More importantly, the entire hotel comes completely equipped – right down to the 600 count Egyptian cotton sheets!
There are many ways for the new owners to further monetize the property, the most obvious being the expansion and promotion of the property’s bar and restaurant area, which seats up to 75 people! The kitchen is fully functional and has two gas stoves with ovens.
The poolside Palapa is also a great monetizing opportunity, since it is a huge area that can be rented out for yoga, meetings, parties etc.
Other features of the hotel, include Cable TV (each casita has a TV), dependable 5gs internet throughout the entire hotel, hot water via on-demand gas hot water heater, parking and also a small cable car for those guests who may have mobility issues.
The hotel is currently quite busy and it is fully staffed, with two housekeepers, two bar/waiters, three-person kitchen staff, gardener and a night watchman. Even fully-staffed, the hotel’s salaries total less than $50,000 a year.
The owner, who is looking to retire, is happy to serve as a consultant with anyone wishing to buy the hotel, to help familiarize the new owners with the area and also help with any training necessary for a manager or staff.
Amazing business opportunities like this do not come along often, and we don’t expect this beautiful hotel to be on the market long, especially since it is priced to sell at just $1.5 million… so best to contact us now if you are interested!
|About This Property|
|Features - Amenities|
- Lake View
- Cable Tv, Internet/wifi
|Pictures (click to view a larger image)|
|Contact - More Information|
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