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11-suites Hotel In Tamarindo Centro For Sale

Tamarindo, Guanacaste, Costa Rica
Asking Price:
$1,999,999 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
Under $50K (USD)

This Suite Hotel is one of the original bed & breakfasts in the renowned beach town of Tamarindo, Costa Rica. It is nestled in a peaceful area of town on a gentle hillside, offering beautiful ocean and mountain views from some of the 11 suites. The hotel's tranquil garden setting provides a serene atmosphere, while still being only a short walk away from Tamarindo's diverse beaches, dining options, and lively nightlife.

Each room includes a private patio or balcony, energy-efficient air conditioning, hot water, comfortable king and/or queen-size beds, high-speed WiFi, flat-screen TV with cable, refrigerator, coffee maker, and secure storage for valuables. The Garden Rooms and Ocean View Bungalows offer added amenities such as a kitchenette with a sink and microwave, open-air shower, and private outdoor patio with a jacuzzi-style plunge pool. A very good and hot breakfast is included for each guest every morning.

3 Garden Rooms (with kitchenette)

1x Deluxe Garden Room, 4 persons maximum, private plunge pool, 2 patios - Price range from 140.00 to 240.00/night
1 x Standard Garden View for 4 persons maximum - Price range from 120.00 to 210.00/night
1 x Junior Garden View Room for 6 guests maximum - Price range from 120.00 to 210.00/night

3 Ocean View Bungalows (with kitchenette)
Each sleeps 4 persons maximum - Price range from 189.00 to 350.00/night

3 Pool-side double rooms
Each sleeps 4 persons maximum - Price range from 140.00 to 240.00/night

2 Pool-side Suites
Each sleeps 6 persons maximum - Price range from 169.00 to 299.00/night

Property Information

Real Estate:

Real Property Included

Living Accommodation:

The owners reside in a one-bedroom apartment above the office/reception, while the manager lives in a studio adjacent to the office/reception area.

Location:

Playa Tamarindo - The property is situated in a cul-de-sac, surrounded by residential homes, about 500m to the beach. Most guests do not require a car, as everything is within walking distance.

Premises Details:

There are parking spaces available in front of the property and along the road. This is a business jewel, easy to handle and allowing the future owners to live on site while taking care of the guests. It doesn't require a lot of employees, making it a great investment.

Size in square feet:
8,000

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The owners are not highly tech-savvy, and there is significant opportunity to improve their online presence.

Reasons for selling:

Relocation

Trading hours:

Open 24/7

Employees:
3
Years established:
2012

Other Information

Support & training:

Weekly gardening and pool maintenance services are contracted externally. The owners and the manager are in charge of the reservations and greeting the guests, while two maids clean the rooms.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

500,000 can be financed by the owner over a few years. Interest rate and terms to be negotiated.

Home based:
This business can be run from home