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Beach Resort For Sale in Las Peñitas, Nicaragua :: Boutique Hotel & Restaurant in the heart of a fishing village
Sell Price: 260000
Location: frente a la bahía
Las Peñitas
León
Nicaragua
Property Type: Beach Resort
Property Details:

( Price shown above is in US Dollars ) Located in Las Peñitas, the beach town / fishing village just 20 km outside of León, this popular Hotel and Restaurant is the perfect location for travelers who want a tranquilo beach vacation. Situated on the tidal bay, it has a great view of the ocean and goings-on in the quaint beach town. This lovely boutique hotel (and the separate owner's house) was constructed in 2006 and has 4 large open-concept rooms, each with a private bathroom. The bar/restaurant area is all open-air with great views of the bay and Isla Juan Venado.

  • Fully equipped bar and restaurant with open kitchen
  • Seats - restaurant (24), bar (12)
  • Expansion capability to 48 seats
  • Swimming pool with pump, filter system and vacuum
  • Satellite internet connection
  • Water supply - well with automatic pump and 1075 L storage tank
  • Parking for 6 vehicles (secure)
  • Electrical - 120/240 V (North American standard)
  • Purchase price includes vehicle - 2000 Kia Sportage EX (imported from Canada) Expansion Capability :
  • Could add 4 more rooms by adding a second level
  • Owners house could be converted to dorm-style room with 16 bed capacity
  • Property has enough space to construct new rooms
  •  
  • Location :
  • In heart of fishing village
  • Across bay from large nature reserve
  • Walk to ocean beach – less than 100 meters
  • City of León – 20 Km on newly built paved road
  • Managua airport – 1 ½ to 2 hours
  • Fast developing tourism
  •  
  • Reason for selling :
  • We have now decided to retire on the beach and travel rather than run a business.
  •  
  • What are government regulations for the business, especially taking into consideration foreign owners?
  • There are no restrictions in Nicaragua regarding foreign ownership. There are some minor, readily-solved issues if you are not going to be living here and obtaining residency status.
  •  
  • What permits, licenses would be needed?
  • Annual business licences run about $200 US and monthly licence fees are about $35 US.
  • Licences are : liquor, restaurant/bar, hotel, internet AND : health department, tax licence (IVA)
  •  
  • Cost of doing business?
  • On a monthly basis our fixed expenses (electricity, licences, garbage pickup, employee salaries) are about $500US plus the satellite internet connection .
  •  
  • Ownership of land?
  • We have a legally registered escritura (title document) and catastral (plat map/survey) and pay property taxes to the city of León. You have all legal rights to sell, pass on to heirs etc and you are fully protected by Nicaraguan law from expropriation. You are also shown in the tax rolls as the legal owner.
  •  
  • What condition is it in? What repairs/improvements does it need?
  • Construction was completed in December, 2006 and everything was new at that time. We learned very quickly that salt air can be very destructive if you let repairs and maintenance slide, so we have been very careful about making sure that everything is always well maintained.   
  • Web Site: http://www.lasamaki.net
    Date Published: 06-Dec-2009
    Date Updated: 08-Mar-2010

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    Contact Info
    Gordon Black
    Contact now

    Phone: 8640-2058
    (Country Code 505)

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