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Walk To Beach Boutique Hotel Luxury Apartments For Sale

Brasilito, Guanacaste, Costa Rica
Asking Price:
$1,250,000 (USD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$100K - $250K (USD)

3 story building, approximately 5500sf under roof. 9 Bedrooms / 10 Bathrooms. Sleeps 20, (plus sofa beds add another 8 guests)

Can be run as long term luxury rentals (currently), Boutique Hotel, Bed and Breakfast, Condos, or Family Beach Compound!

• Garden, common area, pool, teak fenced perimeter

• Third floor consists of one large penthouse of three / four bedrooms and three baths, large kitchen, laundry room, office area (4th bedroom), living room, dining room, and balcony. (Or can be a two bedroom, two bathroom unit plus a single bedroom unit with kitchen / living room.) Completely gutted and renovated as brand new. All new luxury finishes and products, electrical and plumbing, kitchens and baths, cabinetry, appliances, etc.

• Second floor consists of 2, 2 bedroom, 2 bathroom units, completely remodeled with all new luxury finishes and products, kitchens and baths, cabinetry, appliances, etc.

• First floor consists of a 1 bedroom, 1 bath ground floor (wheelchair accessible / ready) unit, as well as a small office space for real estate / tours, etc.

• Separate private Guard / Caretaker’s apartment with bathroom, kitchenette (or use as additional rental unit)

• Private pool and garden area with BBQ, siting area and garden.

• On site parking for 4-5 vehicles plus golf carts, etc. (Gated parking for 1-2 vehicles.)

• Building can be condo’d into 4-5 units and sold as condos.

Great rental income over $100k net (currently long term rentals, can increase revenue with vacation rentals)


Highlights:

• Completely renovated with quality systems, finishes and appliances

• Can be run as Luxury Apartments, Condos, Boutique Hotel or B&B

• Quick walk to beach

• Walk to super market and restaurants

• 5 minute drive to Flamingo Marina, Surfside Potrero, Westin / Reserva Golf
• Club, Mar Vista, and multiple restaurants and beaches.

• 5 minute drive to La Paz School and CRIA school

• 45 minute drive to Liberia International Airport, Walmart, and Pricesmart stores.

• Pool

• A/C in each room

Seller Financing Considered

Property Information

Real Estate:

Real Property Included

Location:

Walk to beach, restaurants, shops in Brasilito, Guanacaste

Premises Details:

3-story building with modern finishes, parking, pool, gated access, garden, grill / common areas

Business Operation

Reasons for selling:

Another project. Seller will lease back a unit for at least one year.

Employees:
1
Years established:
2

Other Information

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

Seller financing considered for qualified buyers. Up to 1/3 or more financed, 8% rate, terms negotiable.

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Related Documents:
Home based:
This business can be run from home.