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Looking to buy, lease, or rent a small hostel

Buy / Sell a Hostel

Zachary Friedman started this discussion 7 years 4 months ago

Hello, I'm a serious investor looking to buy, rent, or lease a small hostel. Preferably in Latin America but I am open to other locations as well. Looking for something with 15-30 beds.

Also open to a partnership or starting something from scratch with the right people. Let me know what ideas you have. [email protected]

Thanks for reading,

Zac

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AzoresProperty

7 years

Hi,

I’m currently helping my mother and aunt selling the house/guest house that used to be from my grandparents. Maybe something interesting for you.

Praia da Vitoria, where the house is located, has the largest sandy beach in the Azores and its natural harbour enables nautical sports to be practised, such as sailing, windsurfing, water ski, water bike, boat trips, sea fishing, underwater diving and whale watching. Terceira island also offers beautiful trails to discover and is one of the very few places in the world that allows you to explore and go inside a volcano (Algar do Carvão).

The 262 m2 property is in the city centre of Praia da Vitoria:
- 5 minute walking from the beach
- 5 minute walking distance from a recreational area with restaurants and bars
- In one of the few free parking streets of the city
- 10 minute drive from the island’s only airport, Aeroporto Internacional das Lajes. There are daily flights from Lisbon with TAP Air Portugal, SATA Air Azores and Ryanair.

The property price is 200.000 euros

If the future owner wants to run a hostel and/or have other business ideas:

Installing, expanding, or remodeling of hostels, provided they are located in urban centres is one of the projects for which aids are granted to young (until 40) entrepreneurs. Read about the Subsystem of Incentives for Qualified and Creative Entrepreneurship here: http://www.investinazores.com/index.php?op=textos&codtexto=62

Aids up to €2,000,000 non-refundable incentive per project, and €2,000,000 refundable are granted by a subsystem of incentives for local development. Read more here: http://www.investinazores.com/index.php?op=textos&codtexto=63

In the same website you will find information about the System of Incentives for the Development of the Azorean Handicrafts and other incentives.

Some mentions of the Azores in known publications:

› According to a recent article from Bloomberg, Azores has surpassed Iceland as the new adventurous destination. In the article Bloomberg describes the archipelago as “a quiet realm of quaint Iberian charm and dazzling vine-draped greens carved out by a dramatic history of volcanic events”.

› Lonely Planet also highlighted Azores as the 3rd best offbeat region to discover in 2017.

› National Geographic Traveler selected the Azores as the “most beautiful destination in the world” for holidays or business trips in 2016.

› The Guardian elected the Azores as “one of the 40 places to visit during the year 2015“.

› The Green Destinations ranked the Azores in 2014 as “The most sustainable tourist destination in Europe”, putting the region on the Top 100 Most Sustainable World Destinations.

› The Coastal & Marine Union (EUCC) considered in 2014 the Azores as “The first Platinum QualityCoast Destination of the World”.

› Forbes magazine classified the Azores as “One of the most remarkable tourism destinations in the world”.

› The Sunday Telegraph considered the Azores to be “One of the best places in the world for whale watching”.

› Lonely Planet considered the Azores to be “One of the world’s best destinations”.

About the property:

The property has 2 floors, a big rooftop with a flower house and a garage. The second floor was a guest house managed by the owner who lived on the first floor. It can be accessed both by the first floor or through an independent entrance on the next street. The access between the second and first floors can be locked. Divide it into 2 properties would be easy as the structure of the house is prepared for it.

The first floor has:
- 1 living room
- 1 kitchen
- 2 bedrooms

- 1 bathroom
- 1 garage

The second floor has:
- 4 double rooms
- 1 single room
- 1 bathroom
- 1 toilette room
- 1 small room that served as sewing room and storage of towels and sheets for the guest house
- 2 rooftops
- 1 washing/drying cloths room
- 1 storage space

I created a facebook page, have a look: https://www.facebook.com/houseinAzorestosell/

If you would like to have more info, please let me know.

Thanks in advance for your time.

Kind regards,

Joana Avila

[email protected]

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