SUYO Boutique Beachfront Hotel
Tola-Rivas Nicaragua, Nicaragua
Offered for sale at $330,000
SUYO is a boutique hotel designed to capture the quintessential beach experience. Six wooden cabañas perched above the sand offer sweeping views to the ocean. Each space was designed to be charming and simple. A shared kitchen provides guests the opportunity to cook for themselves and socialize. There are two bathrooms and two showers that guests also share. Above the kitchen, a second story, one-bedroom apartment provides housing for the manager of SUYO, but could also be rented out as part of the hotel.
SUYO is located equidistant between Rancho Santana and Magnific Rock, on Playa Popoyo. Playa Popoyo is in the municipality of Tola, department of Rivas, in southwestern Nicaragua, an area known for its beaches and surf breaks. The popular surfing waves within walking distance of SUYO include Santana, Beginners Bay and Popoyo. The area offers a variety of dining and other services to visitors, in part due to the investments foreign and national investors have in the neighboring developments of Rancho Santana, Hacienda Iguana and Guacalito de la Isla.
SUYO is a trademarked brand; the trademark would be sold along with the property. All business permits are up to date. Other assets that would be sold with the property include the website, Facebook account, Instagram account and data (including previous guest information) from the reservation software.
SUYO is built on a 746 square meter property. Like much of the coastal property in Nicaragua, the Suyo property is a concession, which is a permanent lease from the municipality that is renewed annually. The current annual lease fee is $432 per year. Neither transfer taxes nor property taxes apply to this property.
SUYO’s romantic atmosphere attracts couples rather than solo travelers. Guests are usually between 25 and 45 years of age. The top five nationalities of guests who stay at SUYO are Nicaraguan (21%), American (13%), Canadian (10%), German (4%) and French (3%).
‘We love Suyo! Simple, elegant, and very comfortable. It’s just as cute in real life as it is in photos, and located on a beautiful stretch of beach. We’re so pleased we found this sweet gem! Thank you, Ashley and Ali, for all of the gracious hospitality!’
Alice, Los Angeles, California, March 20, 2020
‘Magnifique endroit paradisiaque , bien situé. Près des plus beau spot pour le surf…’
Maxime, Preissac, Quebec, March 15, 2020
‘So happy we booked this amazing experience at SUYO! The views were stunning and I will remember this trip for a lifetime. Go ahead and just book!!’
Jen, Vienna, Vermont, February 12, 2020
‘Honestly one of the best places we have ever stayed, location is incredible. We stayed on the front hut and to wake up overlooking the beach and hearing the waves was utterly amazing. Cannot fault this place in anyway whatsoever. Do not hesitate in booking this for a lovely trip, only wish we had stayed longer!’
Hayden, Bournemouth, United Kingdom, July 21, 2019
‘It was an amazing experience to sleep right on the beach and everything was really stylish and clean! Best place to stay! Would definitely recommend.’
Anne, Groningen, Netherlands, June 26, 2019
‘Gorgeous location. Right on the water, right between 2 great surf spots, Popoyo and Santana. 10 minute beach walk to really nice restaurant and yoga retreat. Very nice host. Will most definitely be back.’
Michael, Hermosa Beach, California, May 19, 2019
‘Booked the place for 2 nights, stayed for 11, says it all. Great quiet spot (literally) on the beach, yet still close to everything you’d want. Shop fruit and veggies when the food truck arrives, anything else get it on the way down to Popoyo and then you’re all set and you can spend your whole day at this place cause it’s beautiful, calm and romantic. Simply put, perfect. We will recommend it to our closest friends and surely come back if we are nearby again. Josh is a great host who helps out with everything you need.’
- 6 Guest Rooms
- 2 Guest Room Baths
- Has Owner's Quarters
- Built in 2015
- Last Renovated in 2021
- Opened in 2016
- Building is 1,400 SQFT
- Lot is 0.2 Acres
- Photo Gallery
- Property Website
- Offered for sale at $330,000
- Occupancy Rate: 50
- Average Daily Rate: Ranges $35-$50
- Annual revenue is $32,000