Unique opportunity in laid back popular beach town
ID CODE: #1569
Land Size: 7,508 M2 land (3,956 square feet)
Construction area: 1,206 M2 (24,632 square feet)
23 BED / 23 BATH / 10+ Parking
Price: US$4,800,000
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Guanacaste is Costa Rica’s hot spot for tourists and nationals alike due to its spectacular beaches, fantastic surf, warm and dry climate and incredible wildlife. If you have always dreamed of being part of a successful project with a high ROI whilst kicking back on one of Costa Rica’s most beautiful places this maybe the ideal option for you!
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Due to the hotel’s excellent client base and very high repeat rate the hotel was recently increased in size and now features:
- 23 Accommodations Units (room for 20 additional units)
- 2 Apartments - 7 Suites - 13 Rooms - 1 - 2 BR Manager Unit
- All units have Satellite TV, Telephone and Wireless Internet
- 2 Swimming Pools – Mature Tropical Landscaping
- Additional On-Site Businesses Included:
- Restaurant & Swim-up Pool Bar
- Restaurant Fully Equipped and Operational
- Dinning Room Seating 100+ Bar & pool Seating 20
Retail Store
- 96.2 sq meters retail Floor Space
- Clothing, Gift, Local Crafts, Snacks, Internet Café
Retail Office
- 44.5 sq meters
Analysis of the Occupancy Rates will indicate that the hotel reached an occupancy level in late 2007 and early 2008 sufficient for planning to begin on the next expansion phase to increase room availability. Preliminary planning has been done for a project that will add an additional 14 new rooms to the hotel. The initial evaluation indicates that this next expansion will not add significant additional operating expense but will significantly increase Return on Investment.
Financial information available to qualified buyers but to wet your taste buds we can tell you that for the business year of 2008 the net before tax was a little over $400,000.
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