Leon Inn

Picture Gallery
Features
Location: Nicaragua
Price: 750,000.00 USD
Square Area: 14,000 Sq. Ft (1,301 Sq. M)
Bedrooms: 20
Bathrooms: 15
Amenities:
General Features
» 3+ Car Garage
» Controlled Access
Home Features
» Deck/Patio
» Staff Quarters
Water
» Swimming Pool
Yard and Outdoors
» Gardens
» Mountain View
» Terrace/Outdoor Space
Description
Owner Financing available with 20% down.

Your dreams can come true!

This opportunity will change your life if you are the dynamic and resourceful investor that we are seeking. You will be a very special type of person - a person who can understand and appreciate the challenges and rewards of the ability to control one's own destiny in a career that offers great financial security, personal satisfaction and service to the public - and all in an historic and idyllic tropical setting.

We are offering you the opportunity to own and operate your personal, private luxury hotel in one of the world's newest, safest and most rapidly developing tropical tourist destinations. This upcoming vacation paradise is Nicaragua - the largest and fastest developing democracy in Central America.
This private luxury hotel is located in the historic colonial city of Leon - in the cities upscale residential quarter with easy access to all of the many cultural, commercial and health care facilities that this vibrant city offers. At this point a few words about your new home town are in order:

Leon was founded in 1524 by Francisco Hernandez de Cordoba and was located in the vicinity of the Momotombo volcano and was the original capital of Nicaragua. Unfortunately, in 1610 an eruption and a series of earthquakes resulted in an exodus of the population and the relocation of the entire city at its present secure location. The original location is now known as The Ruins of Old Leon and is a UNESCO World Heritage Site.

Your hotel is located about 90 minutes by the excellent Trans-America Highway from the modern international airport in Managua, the current capital city and is only 30 minutes from Leon's beaches and surfing sites on the beautiful Pacific coast.

Your new hotel has recently been completely renovated and modernized in all aspects by a major, California-trained, Nicaraguan builder and boasts the following features:

20 modernized and upscale guest rooms with internet, cable TV, and all new fixtures including the latest dual-flush toilets and new furnishings throughout.
Your hotel will boast a very large and completely rebuilt and modernized owners' quarters with upscale kitchen, dining room, huge living room with complete entertainment system and giant, wall mounted, flat-screen TV, 2 large bedrooms, 2 bathrooms, a covered balcony and a private entrance. All rooms have extra-high ceilings and Mediterranean style features.
You will manage your enterprise from your large, air-conditioned well-equipped office and the nearby staff office and washroom
The hotel includes live-in facilities for your full-time staff.
Your hotel boasts a beautiful new 20 foot in-ground swimming pool with an adjacent exercise room opening onto the pool deck.
The hotel grounds are completely enclosed on all sides in the Spanish colonial style and include beautiful park-like gardens that boast a massive fruit-bearing mango tree, various palms and floral gardens.
Your new hotel is extremely well built of fireproof concrete with high quality tile floors and ceramic trim throughout.
All licences, permits and approvals are in place.
Of course your new hotel offers all the following important features:
a modern commercial kitchen
a guest dining room in the very large and impressive area lobby area
a bar
a gift shop
concierge service
secure parking for 15 vehicles
all new air conditioning throughout

And now for some significant and exciting financial perspectives:

Under the terms of Nicaragua's tourism-related financial incentives you will pay no income taxes for 10 years and will be exempt from import duties on business related items and automobiles as well.
Your operating costs will be much lower than you may have experience elsewhere and your net income will be a very pleasant surprise. For example, assuming a daily room rate of only $80USD and an average occupancy rate of 70% and a daily operating cost of $30USD per room your net income (ex-financing) will be over $250,000 per year - and don't forget - a) this is all yours because it is tax-exempt, and b) this does not include the substantial revenue from your restaurant, bar, gift shop, tours and other services (which should cover any borrowing costs). If you were to invest the hotel's $1,100,000USD asking price and make a comfortable 7% you would make about $77,000USD per year ( taxable) - less than 1/3 of the tax-free profit in this scenario.
Please note: The foregoing scenario is offered as a possible example and is not to be considered as a substitute for your own proper due diligence.

And, as a little extra icing on this delicious cake, your hotel will include, at no additional cost, a beachfront lot on one of the city's Pacific coast beaches. This bonus beachfront lot may be used as you wish - possibly as your hotel's beach club to enhance the appeal and revenue of your hotel or as your own private beach hide-away.

One further thought - you may wish to describe this investment as your luxurious tropical home that will pay for itself many times over - and in many ways!
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