Hotel Munch is located just 1.6 km, or a 5-minute drive, from the Augusto Cesar Sandino International Airport in Managua. As such, it is one of the closest and most popular options for budget-minded travelers in need of a stay close to the airport prior to departure or upon landing from Nicaragua’s only international airport.
The 7-room hotel is consistently booked, with an 80% occupancy rate. The hotel is very well-reviewed with an 8.4 rating on Expedia and an 8.3 rating on Booking.com, the two sites responsible for the lion’s share of bookings for the property.
Each of the 7 rooms has its own en-suite private bathroom and air conditioning. There is a full kitchen and patio dining area where a provided breakfast is served. Additionally, there is a large reception area with an adjoining room and bathroom. This additional room can be used as an office, storage, staff quarters, or converted into an 8th guest room. There is also a laundry room/supply storage room.
The sale includes two lots, one on which the hotel sits, and a vacant lot behind. The vacant lot, with its own street entry, has potential for multiple uses including long-term parking, a storage facility, or it could be used to expand the hotel.
The property is on city water with an additional storage tank, grid electricity, and high-speed internet.
This is an excellent opportunity for an investor to step into a fully operational business with a proven track record and income stream.
Managua, Nicaragua
Managua, the capital city of Nicaragua, is located amid small crater lakes on the southern shore of Lake Managua.
The city is surrounded by rich agricultural lands devoted primarily to the cultivation of coffee, cotton, and corn (maize). Managua, the largest city in the country, is also its center of commerce and culture. It produces a variety of small manufactures, including processed meat, furniture, metal, and textiles, and it has an oil refinery.
The city has railroad and highway connections with the Pacific port of Corinto and with the cities of León and Granada. The Pan-American Highway and an international airport tie it to other Central and North American cities.
Managua Real Estate
The real estate market in Managua has been growing rapidly, driven by increasing demand for modern, sustainable properties. With the market expected to surpass $116 billion by 2023 and continue expanding, Managua is an attractive destination for both local and international investors.
The city’s strong infrastructure, with easy access to major highways and the international airport, further enhances its appeal. As both residential and commercial developments continue to rise, the demand for high-quality properties makes it a promising time for investment.
