Property Description

 

Located on the main road between Loja and Vilcabamba/Malacatos sits a well-known restaurant Chivo Al Hueco.

 

The 1555m2 roadside lot features a smattering of fruit trees such as mango, orange and lemon, irrigation as well as potable water, a lovely water feature, stonework, retaining wall, fire pit, plenty of parking and of course houses the 2 story restaurant.

 

The profitable restaurant, among other options, serves a special goat recipe cooked in fire pit in the ground. 

 

The 100 person capacity restaurant is being sold with all the contents, including; refrigerators, stove, ice cream machine, tables, chairs, freezers, cash register, speakers, microwaves, etc etc.

 

The second floor is open air but covered, taking advantage of the year round perfect climate of the area.  It is perfect for hosting events and is also home to 3 hotel style rooms, one with private bath.

 

This is a perfect location (25 minutes to Loja, 5 to Malacatos and under 15 to Vilcabamba) to expand into a full service hotel.  Pool, steam room and sauna could easily be added as well.

 

The restaurant is currently only open on weekends, the options here are limitless.

 

$240,000

 

 

Google maps link https://g.page/Chivoalhueco?share

Elevation of the property:   5256ft (1602m)

Distance to the closest town: 5 minutes in car

Distance to the  Airport: 1 hour and 12 minutes in car

Temperature:  25º C (70º F)

Annual property taxes: $56,10

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Ref. LOJLAN6