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B&b And Restaurant On Fogo Island Cape Verde For Sale

São Filipe Fogo Island, Cape Verde
Asking Price:
$300,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$45,000 (USD)
Cash Flow:
$50K - $100K (USD)

Charming B&B on the black beach of Sao Filipe (island of Fogo, Cap Verde) with restaurant and 5 bedrooms.
Totally ecological, equipped with photovoltaic system and solar panels for hot water.
With possibility of extension inside the garden (2200 m2) in state concession.

For more information, please contact us by using the form below.
Tortuga's work is based on direct bookings via the internet, on its website and on international sites (booking, airbnb, etc.), for indirect bookings he collaborates with various European agencies (French, German, Italian) and local reference agencies for international agencies.

Tortuga is considered one of the best locations in the entire archipelago in the various tourist guides, due to its location, excellent cuisine and impeccable service

The restaurant service is offered to both internal and external guests of the B&B.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

A part of the first floor of about 90 square meters is reserved for the private apartment, an open space with bathroom with a private terrace of about 80 square meters.

Location:

Tortuga B&B is located directly on the black beach of Sao Filipe, 2 km from the city center, connected by a driveway or with a walk of about half an hour on the beach.

Premises Details:

Tortuga B&B is a guesthouse built 23 years ago inside a garden directly on the beach.
It consists of 4 bedrooms (all with private bathroom), a bungalow in the garden (with private bathroom), a kitchen, a covered veranda where it is possible to serve up to 25 people as a restaurant, a private apartment (with private bathroom), a cellar and a garage.
It is equipped with a completely autonomous 6 kw photovoltaic island system, and a solar system for hot water with a 180 liter tank.
A 50 square meter greenhouse for the protected cultivation of vegetables.
A wood-fired pizza oven and a smokehouse.
Running water comes from Sao Filipe via a pipeline.

Size in square feet:
300 square meters
Planning Consent:

Owned house built in the garden under a 99-year state concession (remaining 75 years)

Business Operation

Expansion Potential:

Inside the 2200 square meter garden it is possible to expand the main building or build other rooms or bungalows in the garden.
the restaurant (currently managed only by me) has the possibility of expanding the capacity of 20 seats, promoting it more and having the possibility of hosting musical evenings

Competition / Market:

Tortuga B&B is in a unique position, directly on the beach. there will be no other structures in the future as it is now forbidden to build on state property.

Reasons for selling:

After 19 years in Capoverde I want to change, I want a new challenge to create something new, without the hassle of having to live to work but work to live.

Trading hours:

Tortuga B&B is currently open 7/7 days 14 hours a day (we serve breakfast, lunches and dinners) for 7 months a year.

Employees:
Tortuga B&B is currently a family management with a cleaning lady and two guardians.
Years established:
Tortuga B&B was opened in 2007 (previous owners used the building as a private home)

Other Information

Support & training:

I am committed to assist the new owner for a few months, to help him to fit into society, to help him to undertake the hotel and restorative work (if interested) to continue the current work of Tortuga

Furniture / Fixtures value:
$30,000 (USD) - included in the asking price
Inventory / Stock value:
$15,000 (USD) - included in the asking price
Website:
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Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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