You’ll love this popoyo boutique hotel designed to capture the quintessential beach experience. Six wooden cabañas perched above the sand offer sweeping views to the ocean. Each space was designed to be charming and simple. A shared kitchen provides guests the opportunity to cook for themselves and socialize. There are two bathrooms and two showers that guests also share. Above the kitchen, a second story, one-bedroom apartment provides housing for the manager of the hotel, but could also be rented out as part of the hotel.
The hotel is located equidistant between Rancho Santana and Magnific Rock, on Playa Popoyo. Playa Popoyo is in the municipality of Tola, department of Rivas, in southwestern Nicaragua, an area known for its beaches and surf breaks. The popular surfing waves within walking distance include Santana, Beginners Bay and Popoyo. The area offers a variety of dining and other services to visitors, in part due to the investments foreign and national investors have in the neighboring developments of Rancho Santana, Hacienda Iguana and Guacalito de la Isla.
The hotel is built on a 746 square meter property. Like much of the coastal property in Nicaragua, the property is a concession, which is a permanent lease from the municipality that is renewed annually. This property and business is ideal for someone who has dreamt of owning a boutique hotel in paradise but doesn’t want the delay and hassle of construction. The planning and building process is energy intensive and it can take years before a business is properly licensed ready to open its doors. Once built, marketing a new business also takes time. This hotel already has a substantial base of followers throughout Nicaragua, North America and Europe. The business operations are organized and the staff is trained. It truly is a turnkey business in paradise. The hotel and related assets are listed $330 000 USD.
Additional Investment Opportunity
The property behind the hotel is offered separately for $60,000 USD. This is a titled property measuring 40×40 meters, an ideal size fora small café, a manager’s casita, additional parking, and a small two-bedroom house. Moving the manager ‘s living quarters from the upstairs apartment to the manager’s casita, would allow the apartment to be rented out as part of the hotel.
Popoyo is arguably the most popular surf break in Nicaragua. Consistent offshore winds produce a wave that people travel from all over the world to surf. For that reason, Popoyo Nicaragua Real estate is a sound investment opportunity. Coming out of the pandemic, prices are very favorable and there are scores of Popoyo Nicaragua real estate investment opportunities for both lots and houses. Those looking to build their own house or business can find lots as cheap as $20 per square meter. Upscale houses are also available on the beach and in the hills. When evaluating Popoyo Nicaragua real estate, there are two main regions that investors should consider: Guasacate and Downtown Popoyo.
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.