20% part share in hostel in Canoa for sale.
Hostal Coco Loco is a 4 story 8 guest room hostel on the beach. There is a separate building connected by a second level terrace that has two dorm rooms and the restaurant/Bar.
Listed in the latest edition of Lonely Planet Ecuador.
The third and fourth floor are now the private residence of the owner and include the most stunning views of the sea and village. Scope for additional rooms/rooftop terrace etc. The property is 489m2. and is beautifully landscaped with palm trees and flowering bushes. International living rates this area as the top place to invest right now due to rapid growth in the area, also the healthiest, best place to retire, among other things. Too many amenities to list.
Buy out one of the partners 20% share which would give you an investment visa and enough income to support yourself in Ecuador while owning a share of a beachfront property that will only increase in value. Work schedule and any new ideas for bar/restaurant could be discussed with other partners or just take a back seat and collect your share!
Accounts available.
$112K for 20% share.
Bargain priced for sale!
Serious offers considered.
No more time wasters please.
Other Details: Number of Bedrooms: 10, Number of Bathrooms: 9
Surfboard rental, horse tours, BBQ nights, Happy Hour specials.