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4 Holiday Apartments + Cafe Bar Hostel For Sale

Mancora, Piura, Peru
Asking Price:
$10,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1 (USD)
Cash Flow:
$1 (USD)

4 holiday apartments for rental plus Cafe Bar and Hostel on the beach in Mancora a small surfing town with continuous visitors all year round
Option 1
4 X HOLIDAY APARTMENTS Rental price is $1000 per month on a 2 to 5 year contract with $10,000 dollar security guarantee
Option 2
Cafe Bar and Hostel Rental price is $1000 per month on 2 to 5 year contract with $10,000 dollar security deposit guarantee
Easy for one person to look after and have the time to enjoy your spare time relaxing and taking in the sea air ...
So you can live in one and rent out the other 3
So with my simple adding up skills that makes each unit costing $300 per month
Single person or couple may apply
Fully equipped as seen in photos only need to buy some bedding
Which option do you want I ask myself

Property Information

Real Estate:

Lease

Lease Terms:

2 year contract or up to 5 years

Leasehold Rent:

$12,000 (USD) per annum

Living Accommodation:

yes one of the apartments

Location:

small town called Mancora popular for surfing and having a good time
The town is on the "Gringo Trail" and the Gringo trail has its own Wikipedia page

Premises Details:

the apartments and the hostel face the beach

Business Operation

Expansion Potential:

masses of potential for growth

Competition / Market:

its a small town that exists on tourists and like any location you have competition but considering its a small place there is enough business to go around

Reasons for selling:

retirement /

Years established:
10

Other Information

Support & training:

full support and training