Waterfront Accommodation with Strong Returns

A boutique hostel with full restaurant is located on the beautiful beach of Punta del Diablo. This is a unique opportunity to acquire a profitable, emblematic establishment in its fifth consecutive year of profitable operations. This unique property has already been featured on Lonely Planet's annual “Blue List,” a compilation of 12 must-see destinations worldwide. The property consists of two separate buildings for guests, an ancillary third building currently allocated to employee housing and adjacent land available for future development. The Beach Suites & Bar feature a total of 500 m2 of beachfront property and 358 m2 of 3-story brick and concrete construction. The adjacent Boutique Hostel features a total of 500 m2 of property and 384 m2 of 2-story brick and concrete construction with a traditional thatch roof. The third building used for employee housing has 72 m2 of block and concrete construction. The property also features over 250m2 of wooden decking, a boardwalk entrance and beach access.