For Sale at $5,400,000 (approximately R$18,459,900Brazilian Reais)

Hotel Business Opportunity Ipanema Beach.  This 5 floor Hotel is located right between Rio De Janeiro’s most famous Copacabana and Ipanema Beaches.  Walking distance to subway stations, beach, restaurants, bars, cafes and parks, the location couldn’t be better.  Hotel features café, 30 Hotel Suites and 23 Hostel Rooms.  Top floor has apartment suite with balcony that can be used for owner/manager operating the hotel or can be rented out. Operating at full capacity, this business has the potential to produce $85,000/mo US dollars in income or approximately R$272,000 Brazilian reais.  There is room to build a pool and a small restaurant or retail shop on the ground floor.  Building can also be converted into an office building or apartment building.

Current owner will also consider a “rent to own” scenario for about $10,500 U.S. Dollars per month.  Call Michael Bordenaro directly for details at 815-670-9520 or email at michaelbordenaro@gmail.com