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Beautiful Boutique Hotel In Cajueiro Da Praia For Sale

Cajueiro da Praia, Piaui, Brazil
Asking Price:
$350,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Under $100K (USD)
Cash Flow:
Under $50K (USD)

Upscale Boutique Hotel: residential and commercial estate with 390 m² built area in a breathtaking region in Piauí

General Description:

The “Terra Patris” Boutique Hotel is one of the most renowned addresses in Barra Grande do Piauí, in the Brazilian state of Piauí. Construction started in 2011 and nowadays it is the foremost touristic address in TripAdvisor (1st place Barra Grande). In 2020 several reforms ocurred (deck and suites). The land area on which the hotel is constructed contains a large number of palm trees.

Structure and composition of the Property:

3 bungalows (Blue, Yellow and Green) measuring 21.40 m² for up to 2 people, with bathroom and balcony – 3 with queen bed;

1 bedroom with mezzanine for up to 4 people (Lilac) – 1 couple + 2 singles – bathroom and balcony

1 bedroom for up to 3 people (Wine) – with bathroom and balcony – 3 single beds (or option 1 king size + 1 single) + 1 extra bed type bunk bed;

1 bedroom with mezzanine (Orange) – with bathroom adapted for the elderly and access ramp, for up to 4 people (1 double bed + 2 single beds);

1 main area with kitchen and toilet, as well as a food and rest area;

1 storage and service area;

1 7.5m x 3.5 m pool with wooden deck;

1 12 m high observation area, with a water tank and two storage houses on the ground floor;

Parking opportunities  for 6 to 7 cars.

There exists also the possibility to construct a 2nd floor on a 15 x 7 m right on the front part of the land.

A detailed exposé (english/portuguese) can be sent on request.

About Barra Grande and Surroundings:

Barra Grande do Piauí is a district of the city of Cajueiro da Praia, Piauí. The last years have seen significant growth rates of the city and the district. There has been an exponential growth in number of inns, restaurants and nightlife opportunities. Tourism has a long season (from June to February) with only 3 months off. It is a famous meeting point for Kitesurfers and the Jericoacoara and Parnaíba Airports are nearby.

Property Information

Real Estate:

Real Property Included

Location:

Barra Grande Piaui is on the northeast of Brazil betwen Jericoacoara and the Lençois Maranhenses

Perfect wind conditions and safe beach. No waves.

Exponential growth in the number of inns, restaurants and nightlife
Tourism has a long season (from June to February) with only 3 months off
Kitesurfing Popularization
New international flights Fortaleza
Jeri and Parnaíba Airports
Media publications.
Consolidation of the Route of Emotions
Big parties hapening in 2021

Business Operation

Expansion Potential:

You can easily double the amount of rooms and build a restaurant

Reasons for selling:

Terra Patris Atelier Pousada began to be built in August 2011. In 2014 the village became better known, our reservations grew significantly until 2018. Terra Patris earned 5 stars for 5 years in a row on TripAdvisor and continue to be the best rated inn in Barra Grande PI - LINK HERE .
In 2019, the Terra Patris inn was leased. The year had tourism compromised by the oil slick (it did not reach BG) and the political scenario, but even so it was a profitable business for both parties.
2020, you already know (...) So, I took the opportunity to renovate decks, paint the suites and opened as an Airbnb style; only 1 group booked at time. The result between October and February was good, if you count the short operating time, plus the fact that I used to rent mainly for couples.
2021, I kept the new business model, from June until now. Got less number of reservations, but when they come, the provite per reservation is way higher. It's better than I thought it would be. Still, if it was renting as a posada it could be more profitable. But I started focusing more on my passion for music and decided
to keep the place well preserved with more free time for myself.
I want to sell Terra Patris because I want to focus on other personal creative jobs, like music composition.

Employees:
2
Years established:
10

Other Information

Support & training:

Yes. All the suport about operation, structure, contacts for regular maintences.

Website:
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Related Documents:

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