Hostal Boquete - Reduced price and financing available!

Price Reduced
Open to Offers
Motivated Seller
Priced to Sell
Income Producing
  Save       Print

Property Details

Property ID
7030
Location
Boquete
Status
For Sale
Sale Price
$ 495,000
Property Type
Hotel/B&B
Built Area
500 m2
Total Area
650 m2
Bedrooms
11
Bathrooms
12
Title Status
Property Title
Date Published
Oct 24, 2017
Updated
May 15, 2018

Property Description

The Hostal Boquete is located just off the main square of downtown Boquete, with a view over the Caldera River.

With 25 beds in 11 rooms – each with its private bath – it offers enough beds to make a profit yet maintains the intimate atmosphere of the former private residence. The owners have made a point of focussing on families, student groups and some tour groups.

The dining room and the open lounge face the river and offer the best view in downtown Boquete.

The rooms are distributed over three floors; three have private balconies overlooking the river or the quiet street.

The running costs are low, as the hostal can be run with three employees so that the wages total only $ 1500 per month. Even in the low season, it breaks even and the occupancy rate during the four months of high season is 80%.

The owner is willing to finance with a deposit of at least 20 % and the rest payable within 4 years. 5% interest.

Property Features

  • Furnished
  • Appliances
  • Laundry Room
  • Studio Room
  • Balcony/Terrace
  • Backyard/Patio
  • Storage
  • Kitchen
  • Breakfast Nook
  • Office
  • Mountain View

Amenities

  • Close to Shopping Centers
  • Close to Schools
  • Close to Main Roads

Map

Contact


Related Properties