Beautiful 24 Room boutique kitesurfing hotel in Cumbuco including a beachfront bar and a restaurant. Currently owned by a Brazilian company with two English shareholders. Extensively renovated with 6 new rooms added with new roof and landscaping. 30 mins from Fortaleza, 40 mins from International Airport.

Hotel Operations:

– New manager installed in January 2018

– Slovenian manager with extensive knowledge of hotel management

– Complete overhaul of management operations

– 16 employees

2018 – 2020 Revenues and profits demonstrate a return on investment of 15%

Projections:

– 3 Air France and 5 Arkfly flights per week

– Weekly Norwegian charter flights

– Weekly flights from the U.S

– The hotel has an agency contract with Tui and reserves 6 apartments for their dutch tourists (mostly families with all-inclusive packages) on a constant basis. They could fully occupy the hotel with Tui clients if desired but prefer to keep a mix of an international and Brazilian mix of guests with a focus on kite-surfing and beach vibe.

– Option to buy the company or property separately.

– Down Payment of 20% on Contract

– Balance payable within 60 days on the transfer of property.

Other amenities:

– Guest Facilities on-site

– Restaurant

– Bar

– Swimming pool

– Cable television

– Garden

– Air conditioning

– Attractions and activities for guests in the local area

– Beach and sand

– Tranquility

– Scuba diving, sailing windsurfing, surfing, water skiing, walking, mountain biking, horse riding, fishing

– Nightlife, cafés, bars, restaurants

– Owner facilities on-site

– Owners accommodation

– Off street parking

– Outbuildings