Hostal Boquete - Reduced price and financing available!

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Property Details

Property ID
7030
Status
sold
Location
Boquete
Property Type
Hotel
Sale Price
$ 380,000
Year Built
1998
Built Area
500 m2
Total Area
227 m2
Bedrooms
11
Bathrooms
12
Title Status
Property Title
Date Published
Oct 26, 2021
Updated
Dec 16, 2021
Times Viewed
12950

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 with 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

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