RECENT PRICE IMPROVEMENT!
Previous Price: $ 265,000
Reduced to: $ 255,000
Commercial Beachfront Hostel and Restaurant in Playa Guasacate, Nicaragua – An Exceptional Investment Opportunity for Surfers, perfect for generating rental income or establishing a serene retirement haven.
Located on a pristine stretch of Guasacate beach this 872 square meter parcel offers the perfect opportunity for a multiple use business. Currently housing the Escondite Pacifico surf camp/hostel, as well Viento Este Pizza, opportunity abounds with this parcel.
The property has a well built main cabin that is divided into two one bedroom units each with its own private bath and living room area, but could easily be converted into a sizeable owner’s residence if desired. There is a large building perfect to utilize as dormitory style hostel housing, with the star of the show being the oceanfront restaurant and bar space. Bathroom space is plentiful including mutiple showers and sinks, and there is also a caretaker/storage room.
This location is ideal for a surf hospitality business as the breaks of Guasacate as well as the world renowned Popoyo Outer Reef and Beginner’s Bay are all right in your backyard.
A one of a kind beachfront business opportunity in the heart of the sought after Playa Guasacate community. This is an excellent entry-level business opporunity with proven numbers and abilty to fully grow the income in endless ways.
Sale is for the real estate (municipal lease) and does not include the businesses that are currently renting the property.
Guasacate is the most prominent beach north of the Popoyo break. Along this beach, investors will find several restaurants, hostels, homes, and even a mini supermarket. At the southern end of the beach, surfers can walk to the famous Popoyo break. Given the proximity to such high-quality surf and local businesses, Guasacate is one of the more popular tourist destinations in Tola for surfers and beach dwellers alike. For those looking to relax, the northern most end of Guasacate beach has a natural tidal pool. Perfect for a leisurely day in the sun, the easily accessible pools reveal at low tide and are free of charge. Popoyo Nicaragua real estate opportunities are abundant throughout Guasacate beach. Both lots and houses are available right on the water. With surf tourism on the rise, Guasacate beach makes for a sound long term Popoyo Nicaragua real estate investment. Downtown Popoyo, a growing community south of the Popoyo main break, is an equally secure investment opportunity.
Downtown Popoyo is an expanding community just south of the main Popoyo break. Foreign investment has turned these farmlands into a thriving area for local business. Popular hotels such as Mar Adentro, Malibu Popoyo, and Costa Oeste bring tourists in from all over the world. In addition to these sought-after hotels, many local businesses have sprouted up including two mini-super markets, a surf shop, and handful of bed and breakfasts. Raw land in Downtown Popoyo is as cheap as $20 per square meter. Lots with electricity and water access can fetch up to $25 to $30 per square meter. Downtown Popoyo even has a turnkey hotel for sale! Playa Santana, another popular surf break in the area known for its punchy, barreling waves, is directly in front of Downtown Popoyo and just a few minutes’ walk from most available real estate. Downtown Popoyo Nicaragua real estate is quickly becoming some of the most sought-after properties to invest in.
Popoyo Nicaragua Real Estate Opportunities
Whether you’re looking for a lot to build on, a house to live in, or even a thriving business opportunity, Popoyo Nicaragua real estate is the premier choice for an investment. With many commercial flights coming back and travel restrictions easing up, surf tourism will once again balloon. Nicaragua produces some of the best waves in Central America and vacations are quite affordable. If you’re interested in checking out the area, book a surf trip or relaxing yoga retreat.