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$ 1,200,000
Est. payment /mo
Active
Boquete
22 Beds
22 Baths
11,022 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,022 sqft
Price per Sqft $108
Bedrooms 22
Full Baths 22
Property Description
Hotel for Sale in Boquete – A Prime Investment Opportunity
Located in the picturesque town of Boquete, this hotel presents a remarkable investment opportunity in one of the world's most desirable retirement destinations. Boquete, recognized by The New York Times as one of the best places to retire, is famous for its cool mountain climate, breathtaking natural beauty, and laid-back lifestyle, making it a popular choice for both expatriates and tourists year-round.
Valued at $1,200,000, the hotel features 30 rooms, of which 22 are operational and 8 are still under construction, with flooring, ceiling, and furniture yet to be completed (an investment of approximately $80,000). This presents a fantastic chance for a new owner to finalize and personalize the remaining rooms according to their preferences.
The hotel operates with competitive pricing throughout the year. During the low season (May to November), rooms are priced as follows: single or double rooms at $66, triple rooms at $110, four-person rooms at $140, and apartments at $140, all including breakfast. During the high season (December to April), the average rate is $82 per night, with prices increasing during peak vacation months, especially in June and August.
The hotel is currently generating an 18% annual ROI, though this figure is pending final verification.
Located in the heart of Boquete, the hotel is ideally positioned to capitalize on the steady influx of visitors to the area, making it an outstanding business opportunity. Whether you're looking for a profitable investment or a place to live and work in paradise, this hotel offers both.
Don't miss the chance to own a piece of Boquete's beauty and charm.
Located in the picturesque town of Boquete, this hotel presents a remarkable investment opportunity in one of the world's most desirable retirement destinations. Boquete, recognized by The New York Times as one of the best places to retire, is famous for its cool mountain climate, breathtaking natural beauty, and laid-back lifestyle, making it a popular choice for both expatriates and tourists year-round.
Valued at $1,200,000, the hotel features 30 rooms, of which 22 are operational and 8 are still under construction, with flooring, ceiling, and furniture yet to be completed (an investment of approximately $80,000). This presents a fantastic chance for a new owner to finalize and personalize the remaining rooms according to their preferences.
The hotel operates with competitive pricing throughout the year. During the low season (May to November), rooms are priced as follows: single or double rooms at $66, triple rooms at $110, four-person rooms at $140, and apartments at $140, all including breakfast. During the high season (December to April), the average rate is $82 per night, with prices increasing during peak vacation months, especially in June and August.
The hotel is currently generating an 18% annual ROI, though this figure is pending final verification.
Located in the heart of Boquete, the hotel is ideally positioned to capitalize on the steady influx of visitors to the area, making it an outstanding business opportunity. Whether you're looking for a profitable investment or a place to live and work in paradise, this hotel offers both.
Don't miss the chance to own a piece of Boquete's beauty and charm.
Listed by Liliana Plata • Engel & Völkers Panama City