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Tropical Boutique Hotel For Sale

Cahuita, Limon
Asking Price:
$650,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
Under $50K (USD)

Magellan Boutique Hotel is located in a tropical paradise only 250 meters from the beach. The hotel is 2.5 Km from the National Park of Cahuita, As the most easily accessible national park in the Caribbean south of Costa Rica, Cahuita National Park is a favorite among many. It consists of 2,732 acres of land and 55,200 marine acres and was created to protect the largest coral reef in the country. With stunning white sand beaches, a plethora of wildlife and a well maintained walking trail, Cahuita National Park is a must for anyone visiting.

The recently remodel and refurbishment project has crafted a successful business that currently operates as a premium 6 Bedroom B&B. The property is a stunning tropical paradise with gardens of beautiful flowers and wild life and private pool. It’s located in a very popular area of the Caribbean coast. The hotel itself is in excellent order with attractive running cost.
The business is well established, having traded for over 15 years with a consistent turnover, as a lifestyle business suiting those seeking a great balance. Occupancy rates and turnover prove very attractive. An efficient and easy to use booking system delivers excellent flexibility in terms of operation / opening. A recently updated website with responsive and informative website has been carefully crafted as a superb marketing tool.
The market demand are growing every year, with the accommodation successfully appealing to premium and international travellers for holidays as well as those undertaking long distance journeys from Europe, Spain, Uk, North America and a new Asian market opening soon. With yoga, special occasion events and wedding and optimal weather, the property ensure year-round opportunity.
The recent redesign raised the properties appeal with room rates commanding from $135.00 peak season to $115.00 high season per night, plus optional extras such as early check-in and late check-out, wedding, events and yoga. Mini-fridges are fitted in each room and the B&B benefits from a liquor license permitting lucrative alcohol sales.
The business and its outstanding package are truly turnkey, presented with future bookings offering the potential owner a confident start to the forthcoming season.
In brief;
Excellent website driving direct bookings  
Channel manager online booking system (with access to all major booking sites)  
Outstanding and consistent 5* reviews (Booking.com and TripAdvisor etc)  
Professional Wi-Fi / data cable installation
Regular and frequent repeat visitors   
Training and Support provided F.O.C. by the current owner on exchange (including a complete breakdown of the current operations)  
Amendments to the businesses website can be undertaken by the new owner, or with the offer of assistance from the current owner 
Still huge potential to build upon the businesses current success.

Property information

Real Estate:

Real Property Included

Living Accommodation:

A comfortable two room managers apartment with room to expand.

Location:

Magellan Boutique Hotel is located in a tropical paradise only 250 meters from the beach. The hotel is 2.5 Km from the National Park of Cahuita, As the most easily accessible national park in the Caribbean south of Costa Rica, Cahuita National Park is a favorite among many. It consists of 2,732 acres of land and 55,200 marine acres and was created to protect the largest coral reef in the country. With stunning white sand beaches, a plethora of wildlife and a well maintained walking trail, Cahuita National Park is a must for anyone visiting.

Premises Details:

The business is well established, having traded for over 15 years with a consistent turnover, as a lifestyle business suiting those seeking a great balance. Occupancy rates and turnover prove very attractive. An efficient and easy to use booking system delivers excellent flexibility in terms of operation / opening. A recently updated website with responsive and informative website has been carefully crafted as a superb marketing tool.

Size in square feet:
4,100
Planning Consent:

Land
4100 m2 (3,100m2 titled out of 200 mtr. Zone, where hotel, rooms, pool and private home are built on) 
1,000 mtr. in maritme zone with survey and plan,. And Uso de suelo (building permission) currently used as garden. This extra land can be used for construction of more rooms, or house to rent etc.

Business Operation

Expansion Potential:

The property has the ability to add an additional 6 rooms

Competition / Market:

The market demand are growing every year, with the accommodation successfully appealing to premium and international travellers for holidays as well as those undertaking long distance journeys from Europe, Spain, Uk, North America and a new Asian market opening soon. With yoga, special occasion events and wedding and optimal weather, the property ensure year-round opportunity.

Reasons for selling:

Divorce

Trading hours:

24/7

Employees:
4
Years established:
25 plus year

Other Information

Support & training:

30 days of training

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Inventory / Stock value:
$2,000 (USD) - included in the asking price
Website:
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Contact Information

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