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Bahia De Caraquez, Ecuador, Live The Dream Hostel For Sale

Bahia de Caraquez, Manabi
Asking Price:
$500K - $1M (USD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Imagine living and working in one of the most beautiful places on the Pacific Coast of Ecuador. Bordered on one side by the Chone River and on the other by the Pacific Ocean lies Bahia de Caraquez. Hostel Coco Bongo is in the heart of this beautiful venue. One block off the Chone River and across the street from the most beautiful park in the city, Coco Bongo has become the hubspot for expats and locals alike. Boasting its restaurant and six freshly renovated private efficiency rooms (complete with kitchens) as well as a fourteen bed dormitory for budget minded travelers, Coco Bongo has been recognized as one of the ten s best hostels in Ecuador. On top of all of this, the property includes an enormous third floor penthouse that can be the home of the owner, or rented separately.

Hostel Coco Bongo is available as a stand alone property, or, can be acquired together with a separate apartment building(6 apartments) located only a block from the new shopping mall in Bahia.

Property information

Real Estate:

Real Property Included

Living Accommodation:

3rd floor penthouse. It has 2 bedrooms/2 bath. Incredible views of the city.

Location:

Bahia de Caraquez, Ecuador. It's 1 hour north of the Manta International airport. Bahia is surrounded by some of the best beaches in Ecuador and some of the best surf spots as well. There are incredible nature reserve just 10 minutes away that have incredible hiking trails and the best bird watching on the coast.

Premises Details:

Recovery from a 2016 earthquake has resulted in a massive overhaul of Bahia’s infrastructure. New roads, utility lines relocated underground and a sparkling new boardwalk are transforming Bahia, already an attraction of Ecuador’s pacific coast, in a showcase for coastal living.

Business Operation

Competition / Market:

Unlike neighboring communities Bahia is not over run with other hotels, our competition only consist of 2-3 other hotels.

Reasons for selling:

My parents are getting to the age, where i would like to move closer to them.

Trading hours:

opens at 8am and closes 10-11pm

Employees:
4 on staff and occasional part-time depending on the season.
Years established:
10 years

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

I'm willing to talk about this.

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Website:
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