Cocoa Inn: Beachfront Surfer Hotel, Canoa, Manabí Province

Beachfront hotel with 80 person occupancy in a popular tourist town. Two adjacent lots included with sale.This 4-story hostal is located in Canoa, a popular beach town, most known for its fun party vibe, excellent surfing, paragliding, and of course its beautiful, wide sand beaches. Cocoa Inn Hostal is located on the south end of the beachfront road in Canoa. The building is well maintained and has been run successfully for many years. The owners are looking to retire. This is a good opportunity to pick up a viable beachfront hotel at a reasonable price and continue to run it as it is or expand on the original vision with a restaurant, pool etc. to grow the revenue base. The hotel is being sold with two adjacent properties for a total of three lots. The hotel sits on a lot measuring 33ft wide by 66 ft deep (10m x 20m). The adjacent lot currently used as a parking garage measures 38 ft x 29 ft (11.6m x 8.7m). The third lot is fully walled and measures 28 ft x 72 ft (8.4m x 22m). The additional lots can be used for parking, adding in a pool with gardens, bar, and/or patios. Altogether, the 3 lots provide 5, 220 sq ft of land (485 sq m). The hotel has a total of 15 rooms, owner/caretaker's living quarters, and spacious reception area with a total construction area of 7, 750 sq ft (720 sq m). Each room is equipped with its own full bath. The 5 units n the uppermost floor have private ocean view balconies and have plumbing installed to equip them with kitchenettes. Summary of Property Features: 15 guest rooms (1 handicap room) All rooms with private bathrooms 80 person capacity Total construction 720 sq meter Main reception and sitting area Space to add a restaurant on the main level Owner/manager quarters on the main floor Hot water plumbed throughout the building Laundry facilities on the top floor Direct beach access in front of the hotel Numerous restaurants, bars, and stores a few minutes walk in various directions