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Hotel B And B El Castillo In La Fortuna For Sale

La Fortuna, Alajuela, Costa Rica
Asking Price:
$1,250,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
Available on request

Motivated Seller. All Offers are Welcome..!

Situated a half-hour from the lively town of La Fortuna in a small but beautiful village called El Castillo; this hotel offers a private and tranquil atmosphere with the best view of the lake Arenal and Volcano surrounded by exuberant tropical forest and wildlife. One of the main features of the hotel is the infinity edge pool with water from a natural mineral spring in the middle of the jungle with extraordinary views of the lake where guests can relax their bodies and souls or just have fun jumping and swimming in it.

The Massage, Jacuzzi, and Sauna Pavilion are the perfect combination to offer the guests full relaxation after a day of hiking and exploring the area.

The Phoenix Restaurant located at the bottom of the property has enough seating for up to 30 persons, all the chairs and tables are custom-made using local wood. There is also a small apartment for Restaurant staff on the second floor.

The hotel grounds are comprised of 2.2 Acres (1 hectare) of land and have a total of 12 bedrooms, divided into 5 Superior Double rooms, 4 Superior Suites with kitchenettes and capacity for up to 4 persons, and 3 fully furnished “Casitas” with capacities between 4 to 6 persons. All this features Private bathrooms with Hot Water, WiFi, and Ceiling fans. Additionally, 3 small bedrooms are currently being used as Staff dormitories but can also be rented as budget accommodations. There is enough parking for up to 12 cars.

The Hotel currently has 8 employees. The Revenue for 2022 was approx. $220,000 With a Net income after all the expenses of approx. $100,000. Detailed P&L reports are available. Sales in 2023 are up 20% compared to 2022

This is a life-changing opportunity, if you are interested in knowing more about the operation of this hose please contact us to schedule a call, or even better a visit.

Property Information

Real Estate:

Real Property Included

Location:

The hotel is located 2km up the hill from the center of El Castillo, a lively touristy town in the north zone of Costa Rica. Close to a number of attractions like Zip lines, Hanging Bridges, Volcano Trails, Waterfalls, Lake Arenal water sports, the Butterfly Conservatory, Hot Springs and more...

Size in square feet:
174,000

Business Operation

Expansion Potential:

There is plenty of land to build more rental units.

Reasons for selling:

Retirement

Employees:
8
Years established:
2011