Tropical 10 Unit Boutique Hotel in Tamarindo! #1 on Trip Advisor! Great ROI!
Newly remodeled, gorgeous and ready for 2022-2023 high season, the best keeps getting better!
A fabulous investment opportunity, centrally located just 500 meters to the lovely Tamarindo Beachfront!
This lovely and impeccably maintained luxury tropical boutique hotel property features a total of 10 sleek, contemporary and elegant rooms of various sizes, including a freshly remodeled owner’s unit, which can be added to the hotel room inventory if desired.
Each bedroom has been professionally designed and is fully equipped with a private bathroom, mini-fridge, closet, and a safe. Most of the hotel rooms surround the beautiful and tranquil pool area, perfect to relax and enjoy the surrounding natural and tropical setting. As part of the lovely first level common area, you will find seating/lounging areas along with cool and hot beverage offerings.
This property also has a separate fully outfitted high grade commercial quality gourmet kitchen, complete with stainless steel finishes.
There is also a large open and spectacular 200 sq meter second floor terrace (which could easily be converted into owners suite/home) with second full kitchen and dining areas which can be also be utilized for Yoga, group meetings and wedding receptions as well.”
List of New construction & Improvements to Tamarindo Bay during 7 weeks closed period May -June 2022:
Pool restoration-new pebble aggregate
Restoration of Ananda suite balcony area.
Creation of second hotel private access to Green Zone short cut to main road. New landscaping and pavers.
All existing units were restored, and some teak furniture and accents added.
Complete upgrade & remodel of former owners’ apartment. This will be a full apt including private kitchen area, walk in closet, king size bed and will feature premium custom wood furniture from Masaya. Apartment to be added to hotel inventory Sept/ Nov 2022 prior to high season.
Remodeled front reservation/ manager office
Remodeled front entrance gate
Remodeled guest reception area
Modern top quality US standards construction and located close to all Tamarindo amenities including shopping, restaurants and bars, but very, very quiet and very private as this property caters to adults 18 and over.
Special Notes: Optional additional purchase option:
Option A is to purchase the original 10 unit site, as depicted in the offering brochure, which includes the 10 units, one of which has a kitchen and can be utilized as an Owner/Mgr unit which has been completely remodeled and refurnished. The parcel is approx 975 M2.
Option B is to purchase the entire two parcel property, which includes a total of 16 units, plus a brand new luxury detached one bedroom villa and new full finished second story office space. The entire two parcel property is about 1750 M2. Offering Price $3,499,000.
In addition, the Seller may consider up to $500K in Owner financing as well.
All showings strictly by appointment only in advance and must be accompanied by Exclusive listing agent.
This opportunity will not last!