Fabulous hostel for sale with option of real estate purchase, in the Caribbean city of Santa Marta, Colombia

Description

We are selling our charming small hostel, El Españolete, situated within a pretty Colonial house in the historic quarter of Santa Marta, Colombia.  It is only one block from the beach and boardwalk, and one block from the main square and renowned Tayrona Gold Museum.  

In its 3 years of running, it has been host to a diverse array of people from all over the globe, with it´s customer base oriented mainly towards exploring travellers rather than party-seeking backpackers, attracting them with it’s great location within the buzzing historic centre, affordable rates, chilled and friendly vibe and tasteful interiors. 

The hostel currently has room for 18 guests.

The business is for sale with a very affordable rent for the property (2.2mln COP/month + yearly increase by IPC factor, 5-10 year contract), or there is also the option of purchasing the property from the landowner.  

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Pricing

Property and business combined: $890,000,000 COP  (aprox. 270,000 USD as per 13/05/2019) - negociable

Business only: $120,000,000 COP (aprox.36,000 USD as per 13/05/2019) - negociable

Including all furniture, aircons, decor, kitchen equipment, reception desk computer and printer, reservation system, booking and social media pages, website etc and MOST importantly initial guidance on how to run the business and obtain VISA (if wanted) and contacts within city throughout.

With lease of property.  The lease term can be negociated with the landowner, however current owners have a lease of 5 years. Currently 2.2mln COP/monthly + yearly increase by IPC (Prices Index) factor, 5-10 year contract

Hostel is up to date with all the legal requirements, licences and certificates that have been renewed just last month and is ready for sale as per today.

More financial information available to SERIOUSLY interested buyers.

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Contact Info

[email protected]

Whatsapp: +57 301 4701581 or +57 304 5399265

Booking.com link: 

http://bit.ly/host3lsm

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About The Current Owners

The current owners first visited Santa Marta 10 years ago as backpackers and fell in love with this Caribbean paradise, only to return several years later and finally settle there at the end of 2016, which is when they took over the reins of El Españolete, back then a fledgling restaurant business.  With many years of experience in hospitality and architecture, the couple have enjoyed renovating the old house, and improving the business with an emphasis on good quality service and introducing well documented systems. 

“We had a strong feeling of home in Santa Marta when we were travelling.  It was always on our mind to return and run a business.  We have loved setting up and running El Españolete and meeting all of the interesting people passing through our doors.” 

They are currently planning their next hospitality project, and unfortunately the two projects can not run simultaneously, and with regret need to liberate the funds from the hostel in order to help finance the next business. 

The current owners have developed many aspects of the hostel however there is still plenty of room to grow for the next owner to maximise on and take more benefits from the business.  

The new owners will get to enjoy the work they’ve put into El Españolete by taking over a well established existing business with great positioning and 9.0 rating and 616 reviews (and growing) on booking.com, a strong cashflow, and highly documented systems. 

This is the perfect investment or retirement option for anyone at any age.

Purchase will include in depth training with the owners in all aspects of the hostel management including booking systems, statistics, liason with tour operators, housekeeping, laundry and kitchen matters. The current owners also plan to have a continuing presence in Colombia if future help is needed.

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Property Amenities

Property can sleep 18 people.  9 beds in the dorm room and 3 private rooms. 

The dorm room has it’s own bathroom and there are 2 other bathrooms shared between the other 3 private rooms.

Kitchen. 

Beautiful leafy Patio.

Interior and exterior lounge and dining spaces.

Reception desk and luggage storage rack. 

Mini tuck-shop.

Perfectly located in safe and central location. 

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Property Location

Santa Marta is an amazing Caribbean city and the gateway to the Sierra Nevada of Santa Marta and the stunning Tayrona National Park.  It is a vibrant historical city with a fantastic music culture and hot year round climate.  International travellers visit the area to experience the beautiful beaches and mountain jungles, try the local coffee and chocolate and to walk to Ciudad Perdida.  National tourists from the interior cities like Bogota, also flock to Santa Marta for national holidays and weekends and especially during the high season which is December-March.

Population: 507,324 inhabitants

Climate: Santa Marta’s average temperature is 28 °C

Santa Marta has a vibrant historic centre full of a diverse selection of bars and restaurants, many of which partly owned by foriegners (French, Dutch, Canadians, Spanish, British, Irish and Americans).  The main destination for nightlife is Parque de los Novios, which is a 5 minute walk away from the hostel.  

There are many day excursions to the surrounding beaches and mountains in and around Santa Marta...

Quinta San Pedro Alejandrino   The final resting place of Simon Bolivar.  But also, beautiful house and gardens and contemporary art museum.

Taganga and Playa Grande  Old fishermans village and now tourist destination, boat rides over to pretty Playa Grande.

Rodadero and Playa Blanca   A short boat ride from Rodadero, PB has nice fine sand and calm waters

Bahia Concha   Away from the crowds, the long beach in this pretty bay has plenty of shade under the canopy trees and clear water.

Minca In ecotouristic Minca, there are plenty of places to eat well, sample the locally grown coffee, chocolate and beer and enjoy fantastic views over SM!

La Victoria   A bit further than Minca is the coffee farm La Victoria.  Stunning landscape and very interesting place to visit 

Paso del Mango   A truly great escape into the Sierra from SM.  Trek to the mirador, swim in the river & waterfalls and get a captivating tour of the cacao farm.

Parque Natural Tayrona   Plenty of stunning beaches and nature - The number 1 place to visit in the region!

Playa Los Angeles   Just after Parque Tayrona, this beach is quiet, natural, with lots of shade and also another beautiful spot worth visiting.

Palomino   If you are heading up the coast towards Guajira, there are plenty of great beaches to stop at where the rivers from the Sierra Nevada meet the sea, for example Palomino.

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Activities in and around Santa Marta

TREK TO CIUDAD PERDIDA  (LOST CITY)

TOUR TO PUNTA GALLINAS AND CABO DE LA VELA  

PADI DIVING COURSES

TRADITIONAL FISHING TRIP

TOUR OF COFFEE OR CHOCOLATE FARMS AND TASTINGS

HORSE RIDING ON THE BEACH

MOTORBIKE OR BIKE RENTAL

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Guest Reviews

 · I loved staying here and came back several times while I was around Santa Marta. The place became my second home I felt like the staff were like my familyamazing pancakes for breakfast loads of good advice for where to eat and where to go. I miss you guys 

 - Jessica, Hong Kong

 · We felt like home !!

We had a breakfast eveyday it was very good and cheap.

We left our bag safe and for free during our trips around santa marta.

Everything was clean, strong wifi, location was perfect, we were able to use the kitchen and every bedroom had aircond.

If you need to know anything, the guys from the reception know everything around santa marta, tayrona... and they speak english, french, spanish, polish and more.. that made our trip around santa marta, palomino, tayrona much better !!

Highly recomended thanks a lot !!

- Florent, France

Exceptional

· We had such a good stay that we extended 2 times.

The owner and his employees are really nice and can help you with everything you might need.

The location is awesome, really quiet but close to the center, beach and restaurants.

The rooms we had were really big and comfortable.

One of the best hostels we stayed on our trip. Value for money, would always recommend it.

- Nico, Germany

Incredible staff - I’d happily stay here again

 · Some of the kindest, generous and most helpful staff I’ve ever met in 4 months of travel in South America. I got an awful flu after going to Minca but all of the staff really looked after me and made sure I was ok. It really felt like a family. They’ll also give you great advice for planning trips around the area like: Minca, Tyrona national park, the lost city trek, palomino, costeño beach and many more. Breakfast is available at a really good price and is delicious with lots of choice. Kitchen is a bit small but has everything you’d need.

The rooms are clean with comfortable beds and there’s good air-conditioning.

The location is great as it’s not too close to the centre where it can be noisy but close enough to walk to the centre, and the beach is only a short walk away.

Additionally I really like that they provide soap and towels.

- Mhukund, UK

(You can see many more reviews on booking.com and google.)

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Contact Info

If you are interested and have any further queries, please don´t hestitate to get in touch with us.  

[email protected]

Whatsapp: +57 301 4701581 (LUKASZ) or +57 304 5399265 (KATRINA)

PLEASE, do not call after 8PM Colombian time, just leave us message on Whatsapp and we will get back to you asap. Thanks! (Our kids are sleeping or at least should be :) )