Beach Front Property and Boutique Hotel in its 3rd year of operation. Its area of land is 1 Hectare (2,47 Acres).

The Hotel is being offered "as it is" as of today 2006 (9 Standard hotel rooms, 4 Deluxe-Jacuzzi Rooms), 5 Jr. Studios (1 bedroom plus living and kitchen), 10 Studios (2 bedroom units) 1 Master Suite, 28 units with 38 bedrooms, swimming pool, Restaurant incl. Palapa/Rancho and Kitchen, Office building, buildings for services and employees, parking lots, etc) - for approximately 3,800 m2 of construction).

Duly stamped architectural plans and building permits. Legal work on Condo Units separation/independent registration does not exist at present, but is feasible.

Registration at ICT with category of "4 Stars"; registration to the CST (Certificado de Sostenibilidad Turistica) in process. Liquor License exists. Possibility of a "casino license" exists. This is not a full description of the object of the sale.

Financial Outlook:

The Hotel can reach a yearly turnover of US $1,500,000 and operate with costs of not more than US $600,000, for a yearly cash flow profit of approximately US $900,000. The property -only assets- have been officially appraised in US $6,400,000 (add good will and the "business").

 

Price: $7,500,000.00