Puntarenas Costa Rica Beachfront Hotel Resort For Sale

Business description

Puntarenas Costa Rica Beachfront Hotel Resort For Sale For $5,500,000! Established since 1993 this is a privately owned & titled hotel. Costa Rica has become one of the most desirable tourist destinations in the world & owning this hotel gives you the chance to monopolize the hotel industry in the area. The hotel is busy with 100% occupancy rate in the high season & 80% occupancy in the low season. The property is full of mango & exotic trees & is surrounded by rivers, lagoons, waterfall with natural pools, white sandy beaches, amazing forests & a variety of wildlife. There are 14 buildings which comprise of 10 bungalows, main hotel building, reception bungalow, restaurant/yoga pavilion, & the house used for the staff's living quarters. The construction is strong & newly renovated in 2007. The owner lives in one bungalow suite with a large sitting area, full kitchen & incredible views. This bungalow can be rented out & would easily produce an additional average income of $60,000 per year. Nine other bungalows resemble Bali-style architecture, connected by walking roads with an octagonal structure, made of ‘’Nazareno’’ wood with cathedral ceilings & wide roofed porches. All bungalows are beautifully furnished. The two story hotel building has ten rooms, also tastefully decorated. There is a swimming pool & jacuzzi & the restaurant pavilion that seats up to 120 guests is currently in use as a popular yoga pavilion. The restaurant can quickly & easily be restored to a full service restaurant & would quickly become a good income producing asset, bringing in additional income of up to $150,000 per year. This property is the largest piece of titled privately owned land in the area. There is a lot of room for expansion. This can be done by adding up to 25 more bungalows or even build two floors on the hotel with 35 to 40 rooms on each floor. Contact now for more information.

Property information

Real Estate:

Real Property Included

Location:

Located on nearly 5 acres, the hotel facilities cover 21,467.8 square feet in the famous Montezuma Beach region in Southern Costa Rica. Surrounded by National Parks & Wildlife Reserves, this hotel with superb restaurant/yoga pavilion is very inviting to tourists who want to bask in this magnificent ecological area, a beautiful mix of nature & tasteful decor & design at its best. Call for more more details.

Premises details:

Hotel facilities cover 21,467.8 square feet on nearly 5 acres

Business Operation

Expansion potential:

This property is the largest piece of titled privately owned land in the area. There is a lot of room for expansion. This can be done by adding up to 25 more bungalows or even build two floors on the hotel with 35 to 40 rooms on each floor.

Competition / Market:

No concerns regarding competition---to own this hotel is an opportunity to monopolize the hotel business in the area!

Reasons for selling:

Other business interests

Employees:

8 full-time

Years established:

1993

Other information

Support & training:

Owner willing to discuss remaining on to provide training after the sale. Key employees are also prepared to stay in place