One of a kind turnkey business opportunity! Tourism in Nicaragua is on the upswing Nicaragua has enjoyed over 7% annual growth in tourism over the last 5 years.And Ometepe Island is one of the top 5 destinations for people visiting Nicaragua. For several years the supply for hotel space on the island, especially 2-3 star accommodations, has been unable to keep up with the ever increasing demand. Here is a rare opportunity as one of the most established hotels on the island is up for sale.
A small, family-run, boutique hotel in business since 2007, La Omaja has built a significant and loyal client base which enables it to maintain high occupancy rates relying almost exclusively on word of mouth referrals and repeat business. An excellent location, comfortable accommodations, quality service by an experienced staff and limited space combined with almost no marketing expenses makes this hotel a Cash Cow.
Add to that what every guest calls a Million-dollar view of Lake Nicaragua and the volcano Conception and you are getting a bargain with an asking price of only $650,000.00
Situated in the foothills on the western side of the volcano Maderas the hotel sits on 3.08 hectares (7.61 acres or 4.37 manzanas) with 103 meters of street-front. Across the street is 50 meters of waterfront with a dock built and owned by the hotel currently open for public use.
The hotels itself consists of:
5 one room units, 342 sq ft each with tiled floors, drywall ceilings, ceiling fan, and wood trim. Bathrooms have hot water in sink and river rock showers. Each unit has its own 144 sq ft porch with views of like Nicaragua.
2 one room units under one roof, each unit is 179 sq ft with tiled floors, drywall ceilings, ceiling fan and wood trim. Bathrooms have hot water in sink and river rock showers. Each unit has its own 72 sq ft porch with views of like Nicaragua
1 two story residence or rental, 1332 sq ft with 1 and ½ bathrooms. Hot water throughout. On the second floor is a 198 sq ft master bedroom with large window overlooking the premises and lake Nicaragua and a 342 sq ft common room or bed room. Both have entry to 144 sq ft balcony with your own private million-dollar westward view of the hotel property and lake Nicaragua. First floor has a 342 sq ft open air kitchen/dining room with and island bar with integrated gas stove. Stainless steel refrigerator freezer and sink. Adjoining den/bedroom with ½ bath and laundry room. All rooms have tiled floors, drywall ceilings and ceiling fans. There is a 144 sq ft front porch on the main floor.
All structures are of cinder block construction built to Costa Rican standards with steel reinforced concrete frames tied into seismic resistant foundations to withstand the test of time. Quality and durable construction underneath an aesthetically pleasing stucco finish with roofs made from 100 year-old Spanish tiles.
1 bar/restaurant. The 360 sq ft kitchen has stainless steel wall coverings around the cooking area. There is a 108 sq ft storage area, 91 sq ft unisex bathroom, and a 91 sq ft storage area or alternate bathroom. The open air restaurant is an all wood structure covering 1,200 sq ft with natural rock tile flooring and a semicircle wooden bar.
In front of the restaurant area is a 500 Sq ft infinity pool with tile trim, bar stools, a dipping pool, and a fully functional Jacuzzi. Anywhere in the pool you are treated with a panoramic view of lake Nicaragua and the volcano Conception.
Additional infrastructure included in the sale are 3 cubic foot septic systems, a water tower with 2 gallon water tanks, a gallon water pressure tank with a 1 hp Franklin water pump to maintain constant water pressure throughout the hotel during peak hours. A 30 ft well with well house, ½ hp Franklin electric submersible pump with underground tubing to the water tanks and sprinkler systems. Electric poles, with a private 75 KW on site transformer, 2 street lights, sidewalks with night time illumination. Spectacular landscaping with numerous fruit trees, including lemons, oranges, avocados, grapefruit, coconut, cacao, mangos, guayabas, nancites and bananas.
Other assets included in the sale
1 Hyundai 15 passenger van
1 Toyota Hilux pickup
5 inch flat screen TVs
1 flat screen TV
1 flat screen TV
9 window a/c units (12-14,000 BTU)
9 full size beds
9 twin beds
1 queen bed
2 3-piece sofa sets (2 chairs and a sofa per set)
Charbroil gas grill
28 pieces of Nicaraguan art with frames
14 night stands
7 night lamps
2 long tables
25 hand-made wooden chairs
15 hand-made wooden rocking chairs
7 pool lounge chairs
10 Adirondack chairs
8 bar stools
1 commercial 4 burner stove
1 desktop computer
1 stereo system
Whirlpool Washer and dryer
Assorted hand tools