Beach Resort For Sale
on Corn Island

Raas, Nicaragua

Caribbean resort for sale
on The World's Top 8 Beaches

Bidding start: US$ 1.800000

Caribbean resort for sale on Corn Island

Located on the beautiful Caribbean side of Nicaragua, Corn Island has seen a boost in tourism during the past years. Paraiso Beach Hotel is a well known resort on the beach on Big Corn Island. 

The resort is well known, fully operational, profitable, and very popular. Its located on Playa Coco, Corn Island, righ in front a coral reef for snorkeling en the pristine beach of Playa Coco.

We have around 22 staff in management, reception, restaurant, kitchen, bar, room attendance, maintenance, yard and security.

The property comes with a lot of unused land still and has great potential for expansion, especially on the beach area. All permits are in place for that already.

Paraiso Beach Hotel includes 3 acres of land, including:

  • 14 private guest rooms (9 double and 5 quadruple)
  • Fully operational restaurant on site which seats around 75 guests
  • Beach residence with 5 more rooms and 3 bath rooms
  • Spa for pedicures, massages, etc.
  • Office and front desk / reception building
  • Rental center with scooters, bikes, water sports, snorkeling gear, etc.
  • Maintenance and facilities building
  • Beach front facilities and chairs
  • Beach bar which seats about 50 people

About This Property

Category:Resorts
Address:Paraiso Beach Hotel, playa Coco Corn Island, Raas 82100. Nicaragua
For Sale By:Owner
Construction Year:2000
Area:3 Acres
Bedrooms:18
Bathrooms:18
Sleeps:48
Stories:1
Parking Spaces:10

Features - Amenities

  • Ocean View
  • Ocean Waterfront
  • Balcony
  • Terrace
  • Furnished
  • Appliances
  • Pet Friendly
  • Maid's Quarters
  • Maid's Bathroom
  • Laundry Room
  • Patio
  • Gym/Spa
  • Cable TV
  • Restaurant On Site To Seat 75
  • Beach Facilities
  • Beach Bar
  • Front Desk / Reception Building
  • Well
  • Fully Operational

PARAISO BEACH HOTEL
PRESENTS

Paradise Condos

The Investment Opportunity of a Lifetime

Welcome to your luxurious, turnkey home away from home
- One that generates income whenever you want

After 10 years of steady growth, Paraiso Beach Hotel, located on the popular tourist destination of Corn Island, has decided to expand by building 14 luxury condominiums on its beachfront lawn area, and you get a chance to invest in one!

Read on to learn more about this exciting opportunity for a sale-and-earn property on one of the Caribbean’s most idyllic tourist hot spots.

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Condo Options

All condos have sea views. All condos have their own roof terrace. Six to choose from.

Poolside Condos (P1-P3)
From $180,000
Learn More

All condos have sea views. All condos have their own roof terrace. Six to choose from.

Beachfront Condos (B1-B3*)
Fom $250,000
Learn More

Grand, 160m2 condos with expansive outdoor living. Sea views. Two to choose from.

Deluxe Condos (D1-D2*)
Fom $295,000
Learn More

Condo Map

Poolside Condos

Close to the Buccaneer Restaurant and right in front of the pool are six condos, each with a balcony (top floor) or a verandah (ground floor).

Includes two bedrooms adjoining a shared bathroom, kitchen, breakfast bar and large living space. There is ample storage for clothing, kitchenware, food and a hidden laundry. All condos have a roof terrace.

Interior area is 68m2, while the exterior area is 17.39m2. Total area is 85.39m2.

Finishing Touches

Investors can choose from a range of interior materials and finishes to make the home suit individual tastes.

Higher spec alterations are available for an additional fee.

Beachfront Condos

Close to the beachfront and the Por Ahí Beach Bar are six condos, each with a balcony (top floor) or a verandah (ground floor).

Includes two bedrooms adjoining a shared bathroom, kitchen, breakfast bar and large living space. There is ample storage for clothing, kitchenware, food and a hidden laundry. All condos have a roof terrace.

Interior area is 68m2, while the exterior area is 17.39m2. Total area is 85.39m2.

Finishing Touches

Investors can choose from a range of interior materials and finishes to make the home suit individual tastes.

Higher spec alterations are available for an additional fee.

Deluxe Condos

The largest and most luxurious of all condos, situated close to the the pool and Buccaneer Restaurant, are two Deluxe Condos. The upper level boasts nearly 60m2 of private outdoor living, along with its 100.37m2 interior. The lower condo has nearly 50m2 of exterior living and a 100.37m2 interior. There is ample storage for clothing, kitchenware, food and a hidden laundry.

Both condos have two large bedrooms with their own bathroom, a large kitchen, breakfast bar, dining area and large living space. Both condos have access to the 160m2 roof terrace.

* If the Deluxe Condos prove to be more popular among investors, there is provision to convert Beach Condo block B3 into Deluxe Condo block D2.

Finishing Touches

Investors can choose from a range of interior materials and finishes to make the home suit individual tastes.

Higher spec alterations are available for an additional fee.

Construction Order

Investment Overview

100% ROI Within 5-7 Years with Sale-and-Earn*

Plug into our smart hotel booking system and generate rental revenue when you’re not soaking up the sun and ocean breeze yourself.

Earn 15% Bonus ROI on Your Chosen Condo

Invest early and in full to receive 15% of the value of your investment as a bonus at the end of construction or at 2 years after the date of payment, whichever is earlier.

Bonus 1% Referral Commission

Earn a finders-fee/referral commission for recommending this investment opportunity to friends and family.

Make Your Investment Yield
Even More!

Enjoy 100% ROI with Sale-and-Earn

If you want to get 100% return on your investment, your Caribbean holiday home can be plugged into our smart booking system and rented out at your leisure. Our booking system alters the nightly room rate depending on availability, season and timeliness, so that you get the maximum number of nights booked and the greatest return possible.

We will also include your condo in our marketing as 5-star accommodation, with guests enjoying all the amenities and benefits of our luxury service.

See examples below of an average ROI term for each type of condo with an 80% occupancy rate (similar to that which Paraiso Beach Hotel enjoys) and a fixed sample nightly rate (remembering that in reality, the rates will change in order to maximise your profits).

Enjoy 100% ROI with Sale-and-Earn

Our early investors who purchase their chosen condo in full will receive a 15% return on the value of their condo, either at the end of construction or 2 years after their date of payment, whichever comes first. This comes as a bonus to all other available monetary returns.

The Bonus ROI is available to a maximum of 4 Investors so, get in while you still can!

Bonus 1% Referral Commission

As a thank you for sharing this investment opportunity with others, for any condo sales that complete as a result of your referral, we will award you a 1% payout of the total purchase price of that condo.

Sale-and-Earn Rental Model

How are Fixed and Flexible
Costs of Operations Covered?

So you’ve bought your amazing holiday home and investment property in the beautiful Caribbean…lucky you! Now let’s unpack the fixed and flexible costs of keeping your home in tip-top shape, whether you’re renting it out to short- or long-term guests, or keeping it empty to use at your leisure.

Paraiso Beach Hotel will establish a Home Owner’s Association (HOA) to take care of all the operation and management aspects of your investment. Each homeowner will pay a value-adjusted, monthly or quarterly fee to cover the fixed costs of ownership. These costs are outlined in the table below and are payable as a deduction from your monthly rental income or as invoiced by us monthly, quarterly or annually.

The flexible operations costs only come into play when your condo is occupied and are added to your HOA fees as required. If the homeowner chooses not to rent out the condo but rather live in it themselves or share with friends and family, then these costs would still be invoiced to the homeowner on a monthly or quarterly basis after the condo has been occupied.

The homeowner is paid out 80% of the net nightly room rate, while the HOA retains 20% of the net nightly room rate.

Fixed Costs | Fixed Rate (Value-Adjusted)

  • Gardeners
  • General house keeping
  • Security
  • Maintenance
  • Pool maintenance
  • Internet
  • Reception
  • Administration
  • Management
  • Booking Software

.

Flexible Costs | 20% of Nightly Rate

  • Electricity
  • Water
  • Gas (shower and cooking)
  • Deep cleaning & laundry
  • Phone
  • Generator fuel and maintenance
  • Office supplies
  • Garbage disposal
  • Maintenance
  • Marketing promotions
  • Guest transport
  • Guest welcome hamper
  • Guest breakfasts

Costs of Operations

Nicaragua: The Hidden Gem

You may not have been to Nicaragua before or heard about this hidden gem of Central America. Imagine Nicaragua as Costa Rica was 40 years ago – with luscious green forests, numerous surf beaches, expansive areas ready for development, fresh, tropical produce growing year-round – all in all, poised for significant growth. This is what awaits you.

Nicaragua has experienced a sharp rise in foreign investment and tourism over the last few years, due to its favourable business environment, stunning landscapes, the lowest crime rates in Central America, and its rising popularity as a tourist destination. The country offers ample opportunities for investors who not only contribute to the development of Nicaragua but also achieve substantial financial returns in the process.

Furthermore, Nicaragua’s affordability compared to other popular tourist destinations in the region (especially Costa Rica, where the cost of living and real estate prices have sky-rocketed), coupled with its natural beauty and cultural charm, has positioned the country as an attractive alternative for travellers seeking authentic experiences without breaking the bank.

This affordability factor has contributed to the increasing influx of tourists from North America, Europe, and neighbouring countries, further driving the growth of the tourism sector.

.

The Corn Islands

The Corn Islands, consisting of Big Corn Island and Little Corn Island, have experienced a surge in foreign residents and investors as well.

These tropical paradises, situated off Nicaragua’s Caribbean coast, boast pristine white-sand beaches, crystal-clear turquoise waters, coral reefs, and a relaxed island atmosphere. The Corn Islands offer a tranquil escape from the hustle and bustle of city life, attracting visitors looking for a serene and idyllic setting. With its tropical climate, excellent diving and snorkelling opportunities, and a growing number of guesthouses, resorts, and restaurants, the Corn Islands have become a hidden gem for expatriates, Nicaraguan nationals, and tourists seeking an off-the-beaten-track holiday destination.

The increase of foreign residents across the country has had a significant impact on the local economies. These newcomers bring not only their investments but also their expertise and entrepreneurial spirit, contributing to the growth of businesses and the development of infrastructure.

The presence of foreign residents has led to the expansion of services catered towards the expatriate community, such as international schools, healthcare facilities, and specialised stores. Additionally, their integration within the local communities has fostered cultural exchange and has played a role in boosting the tourism industry as they recommend and attract friends and family to visit these remarkable destinations.

Island Life | Getting There and Away

The main language on Corn Island is English, due to its historical ties with Caribbean Creoles. Spanish is the secondary language due to its ties to the Nicaraguan mainland.

Currencies accepted are US Dollars (USD) and Nicaraguan Cordobas (NIO). Power is supplied to the Island by a vast solar grid and water to Paraiso Hotel (and equally to the Condos) is by its own well supply.

Corn Island has its own International Airport and there are also twice-daily flights from Nicaragua’s Capital, Managua for around $150 a person and with a flight time of between 1-1.5 hours. There are also plans afoot to expand the number of international routes to Corn Island.

During the worldwide lockdowns of the pandemic, Nicaragua’s mainland and the Corn Islands enjoyed business-as-usual and no mandates, meaning that tourist operations could continue.

Paraiso Hotel itself ran at a profit by catering to locals looking for a break away from the day-to-day, and to expats and travellers wanting to move away from the restrictions imposed upon them at home, during a highly stressful and uncertain time.

Crossing borders between Nicaragua and other Central American countries remains easy and uneventful.

Paraiso Beach Hotel &
Paradise Condominiums

Contact Us About Securing Your Slice of Paradise

Mike Brouwer

 

Whatsapp:   +31 622446648  (Mike Brouwer)

Site:   www.paraisoclub.com

Email: mikeparaiso1@gmail.com