Turnkey Boutique Hotel In The Bahamas
Hope Town, Elbow Cay, The Bahamas
Spread across 1.27 acres of breathtaking property with 220 linear feet of prime beach frontage, The Island Retreat at Hope Town is a once-in-a-lifetime beachfront opportunity in the beautiful Abacos of The Bahamas. The Island Retreat is fully licensed with an operating cantina serving tacos and a full bar. Originally built in 1980 as a private family getaway, the property was painstakingly renovated and transformed into a stylish, contemporary boutique hotel in early 2022. Accommodations include 11 bookable rooms/suites, 11 bathrooms, a main house with a living room, dining room and gourmet kitchen, an office, fitness center, outdoor restaurant and bar, oceanfront swimming pool and jacuzzi, event gazebo and multiple access points to the beach. Current sleeping capacity is 25 persons, and planning permission has been secured for an additional 5 rooms. Hope Town is slowly but surely becoming the new Harbour Island of The Bahamas, with scores of celebrities and billionaires arriving in recent years and putting down roots. Sought-after because of its quaint picturesque appearance and its historic features, the pastel-colored wooden homes and businesses here are shining examples of Loyalist architecture. With the success of nearby luxury developments such as Baker’s Bay and Montage Cay, Abaco has demonstrated its allure for the ultra-high net worth individual, making this the perfect opportunity to acquire a significant beachfront property before major price increases take place. The Island Retreat is being offered turnkey with all licenses in place for USD 15 million.