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9 years ago

Buying a Hotel

9 years ago
My wife and I, together with another couple from the US, are considering moving abroad at some point in the future, and toying with the idea of looking at a boutique hotel to purchase. Not for the income (we would be able to retire without needing income from the country we move to) so much as a way to get involved in the locale and the folks and expats living there. Have been following the Belize, Costa Rica, and Saint Lucia boards (because that is the kind of place we would like to move to), to educate ourselves on opnions from everyone of the pros and cons of these various locations. Would appreciate any advice of how to approach looking at real estate purchases of this type, and specific places folks recommend. Our basic parameters are wanting to be on the beach, not isolated and somewhat close to a city and airport. AC, and Placencia seem interesting in Belize, Costa Rica seems to have a lot of options, and Saint Lucia almost everywhere is close to the beach. As a first time post to the forum would love to hear what folks think.

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