This property offers a unique opportunity as the sale provides for both a real estate investment as well as a turnkey business that is fully operational and profitable.
The property itself offers an excellent location as it sits directly on the beach just north of the Popoyo river mouth and also borders the main road in Guasacate.
The sale includes 2 beachfront lots, which are empty and have not yet been developed, as well as a 6-room hotel and a popular Italian restaurant. The hotel and restaurant are located on the main road and the beachfront lots are directly in front of this.
The business has a proven track record of income and excellent guest reviews. The Italian themed restaurants is one of the most popular pizza spots in the area, often being booked to capacity and selling out. The sale of this property includes the municpal lease, all furnishings, fixtures and good will.
Popoyo is a very centrally located area in the heart of Nicaragua’s Emerald Coast – an area experiencing tremendous growth. Key items include:
– A newly paved road
– International airport
– Continued growth of resort developments
This is positioning this area to become one of Central America’s most popular destinations. There is access to a variety of beaches and surf as well as local restaurants, bars, and stores in the area.