Holiday Cottage Complex – New Start Up In Antigua & Barbuda For Sale

Overview

  • Business services, Services
  • Property Type

Description


Holiday Cottage Complex – New Start Up In Antigua & Barbuda For Sale

English Harbour,
Antigua & Barbuda

Freehold Price:

$1,200,000

(USD)
Lease Asking Price:
On request
(USD)
Sales Revenue:
$100K – $250K
(USD)
Cash Flow:
$50K – $100K
(USD)

If you are looking for a business with an immediate return then look no further:

A complex of three newly built cottages in a walled Garden with metal gates in the heart of the National park “Turtle Bay” Antigua and registered on 13 sites including Airbnb, VRPO, Expedia and Booking.com but not live, just waiting for the button to be pressed. Sea views looking out to Montserrat and beautiful sunsets gives the guests a perfect romantic setting for any occasion.

Income (projected) and based on similar properties in the area Cottages are fully booked from November to July each year and growing.

Cottage 1 – Beautiful 2 Bedroom cottage with en suite bathrooms, Fitted Kitchen and lounge with convertible couch with swimming pool – sleeps 6 Calculation, available nights 365 and seasonal 270, Occupancy at 70% = 189 x Ave price per night = $300 = $56,700/ year

Cottage 2 – Beautiful 2 +1 Bedroom Cottage with two ensuite bathrooms, fitted Kitchen and Lounge with convertible couch and swimming pool – Sleeps 8 Calculation, available nights 365, seasonal average 270, Occupnacy at 70% = 189 x Average price per night + $400 / night = $75,600/year

Cottage 3 – Beautiful 2 +1 Bedroom Cottage with two ensuite bathrooms, fitted Kitchen and Lounge with convertible couch. – Sleeps 8 Calculation. Available nights 365, Seasonal average 270, occupancy at 70% = 189 x Average price per night $400 / night = $75,600/year.

Cleaning and Maintenance covered by a $25/night fee

Mains Water
Bottled Gas
Mains Electric – Chageable

Our workman will be close by for the next two years to carry out any work you might find necessary.

Total income per year AVERAGE = 207,900

Asking price $1,100,000.00 or £917,000.00 Sterling

Return on investment = 18.9%

For more information, please contact us by using the form below.

Property Information

Real Estate:

Available as lease or with real property included

Location:

National Parke near English Harbour

Premises Details:

Three cottages with pools looking out to sea

Size in square feet:
2000 sq ft each cottage

Business Operation

Expansion Potential:

Now building three larger houses nearby and will be for sale at end of 2023

Reasons for selling:

We are property developers

Employees:
0
Years established:
6 months

Other Information

Support & training:

Builders are nearby

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$1,000 (USD)
Website:
Login or register to view link
Lease asking price:
On request
(USD)
Home based:
This business can be run from home.



Source link

Address

  • City Hong Kong

Details

Updated on January 18, 2023 at 10:49 am
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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