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Beachfront Hotel In Samara For Sale

Playa Samara, Guanacaste, Costa Rica
Asking Price:
$1,395,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

The hotel is titled property with no liens and located just across the small street from the beach lot. It has 17 rooms, 11 with private baths and A/C and 6 rooms with a ceiling fan, that share 1 ½ baths.

There is an owner’s apartment on-site with a bedroom, living area (or second bedroom), one bathroom and a kitchen and a storeroom.
The living area or second bedroom is a lock-off from the apartment so the apartment can be rented if you choose to live off-site.

The construction is a combination of concrete and hardwood. I believe most of the construction is about twenty years old.
The hotel has a small kitchen and restaurant where we serve breakfast to the guests but not lunch or dinner. All licenses (hotel, restaurant, and alcohol) are up to date. Possibility to operate the restaurant immediately.
All air conditioning has been changed over the last 2 years.
The jacuzzi was completely redone in June 2018.
The Jacuzzi pump was changed in April 2019.
The roof of the rooms with a private bathroom was changed in October 2017.

Hotel occupancy has averaged 54% annually. The low season months are Sept, Oct, and Nov and we use that time for painting and repairs. In the past, we have not closed our doors in the low season, although some businesses do in Samara.

We bought the hotel 5 years ago and have enjoyed the experience, but now we have a new project.

Our asking price for the hotel corporation (2 companies) is USD $1 395 000 (including the building and the commercial company) and is fully titled with no liens.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

There is an owner’s apartment on-site with a bedroom, living area (or second bedroom), one bathroom and a kitchen and a storeroom.
The living area or second bedroom is a lock-off from the apartment so the apartment can be rented if you choose to live off-site.

Location:

Beachfront with street access

Premises Details:

The property measures 674m2.
It has 17 rooms, 11 with private baths and A/C and 6 rooms with a ceiling fan, that share 2 ½ baths.
All air conditioning has been changed over the last 2 years.
The jacuzzi was completely redone in June 2018.
The Jacuzzi pump was changed in April 2019.
The roof of the rooms with a private bathroom was changed in October 2017.

Size in square feet:
7,255

Business Operation

Expansion Potential:

Possibility to increase turnover and yield with a restaurant/bar activity. The patents are already existing and up to date but this activity is not developed today.

Reasons for selling:

After 5 years, we are looking for a change, we are not moving from Costa Rica, just want to slow down.

Trading hours:

24/7 operation

Employees:
2 and more in high season
Years established:
24

Other Information

Website:
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Home based:
This business can be run from home.

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