[Business] Las Palmeras Hotel and Restaurant in Las Peñitas, near Leon Nicaragua

  • $329,000
Exclusive New Listing Reduced

[Business] Las Palmeras Hotel and Restaurant in Las Peñitas, near Leon Nicaragua

  • $329,000


//PRICE REDUCED FROM $395,000 to $329,000\\

Located in Playa las Peñites, Leon, las Palmeras Hotel is one of the biggest hotels in the surrounding area. Las Palmeras is only a block away from a world’s class surf break, and is surrounded by natural reserves! If you’re in the market for a new business or your new beach home, Las Palmeras might be it!

Don’t miss this opportunity- check it out!


The property has a registered title and is only a block from the Pacific Ocean.

Las Palmeras Hotel measures 1550 square meters and is located in the center of the village of las Peñites, on the Pacific Coast of Nicaragua. The property is fully fenced with concrete walls and two metallic entrance doors. 

Las Peñitas is known as a tranquilo fishing and surf town; surrounded by two incredible natural reserves.

Outdoor activities are endless in this little village. Enjoy kayaking or boating among the mangroves while watching birds and wildlife. Love to fish?! Fishing is available in the mangrove or the ocean – with more than 60 fish species around. There are multiple surf breaks near by- with two that are walkable!

Las Peñitas has a few great-vibe bars and tasty restaurants, including la Puesta del Sol Restaurant and Playa Roca

Miss the city life? Leon is only 30 minutes away! Leon was the previous capital of Nicaragua and offers a variety of restaurants, bars, museums, and more activities to do!


Las Palmeras features:

  • 12 furnished bedrooms (all on the north side of the property, along a colonial corridor)
  • 1 wide kitchen – remodeled last year raising ceiling 10ft
  • 1 open bar
  • wide restaurant area with tables and chairs
  • swimming pool and 2 swimming pool bathrooms
  • palapa next to the swimming pool
  • huge parking that can easily fit a bus
  • laundry area with washing machine, extra storage room, extra toilet and an elevated water tank

The building has steel reinforced walls, and a strong foundation. The property is also surrounded by concrete walls.

Bedroom #4 is a family-style bedroom with two bathrooms (up to 10ppl), Bedroom #1 can hosts up to 6ppl, and a couple other bedrooms can hosts up to 4ppl.
Each bedroom has AC and a private bathroom; with a sink, a toilet, and a shower. 
Eight of the bedrooms have a new roof, insulation, plumbing, and electrical connections. All windows have been replaced in the past year too.

Las Palmeras Hotel in on a private well, and is also connected to city water (ENACAL). The water is stored in the 4 water tanks, and distribute to the building with great water pressure. You’re sure to never run out of water at Las Palmeras!

The property is connected to city electricity (Disnorte) but also has a few solar light outside.

__Note that the building without equipment and furniture has been estimated by the insurance at $280,000.

Some other features of Las Palmeras include:

  • private well
  • back up generator
  • water tanks
  • washing machine
  • AC in all bedrooms
  • fiber optic internet
  • outdoor solar lights
  • sand pool pump
  • cameras
  • observation tower (volcanoes, reserves, partially the ocean, and bird flight path)

The property is sold furnished as seen on the photos.


Las Palmeras can be used as a private residence, multi-family home or a successful Hotel & Restaurant! Due to proximity to surf breaks, it would be an ideal spot for surf packages, yoga retreat, private and weekly events!

You could also build additional units on the parking and laundry area, or add a second floor on top of the bedrooms – with view!


Contact Gabriela Castillo from RE/MAX Coastal Properties for more information and/or scheduling a viewing!

Learn more about life in San Juan del Sur in Nicaragua on our blog page.

  • Region Leon


Updated on April 23, 2024 at 11:44 pm
  • Property ID: RCP36075
  • Price: $329,000
  • Property Size: 1550 m²
  • Land Area: 1550 m²
  • Beds: 12
  • Rooms: 14
  • Baths: 14
  • Garage: 1
  • Property Type: Homes & Villas, Surf, Commercial
  • Property Status: Exclusive, Reduced, New Listing


Property ID: RCP36075
  • Homes & Villas, Surf, Commercial
  • Property Type
  • 12
  • Beds
  • 14
  • Baths
  • 14
  • Rooms
  • 1550
  • 1550
  • Land m²
  • 1
  • Garage

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Gabriela Castillo
  • Gabriela Castillo