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$885,000

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JUST REDUCED - 23 ROOM HOTEL PROPERTY LOCATED ON THE BEACH IN PLAYA DOMINICAL

Costa Rica, Puntarenas, Dominical

Reference: 16751

“OPPORTUNITY”. A word used over an over that is meant to remind interested individuals that there is still some of that available in Costa Rica. THIS is one of those OPPORTUNITIES…a strategically located Hotel Property on the beach in Dominical with 23 air-conditioned rooms.
The Hotel Price has JUST BEEN REDUCED.
Included in the infrastructure are facilities to support a 50-seat restaurant with fully equipped kitchen and bar. The NUMBER ONE feature of this Hotel property is the location….”Location Location Location”….This statement has withstood the test of time, and absolutely describes this property. Just 50 meters from the beach at Playa Dominical, this HOTEL PROPERTY provides everything that the vacationing public desire and expect….BEACH, SUN AND FUN.
Personal circumstances and related issues have required the owner to place this Hotel property on the market for an amount far less than the true value. The seller is motivated.

This HOTEL PROPERTY offers the prospective buyer an opportunity to create their own brand in the hospitality industry and maximize the return on investment. Dominical and the “Ballena Coast” are up and coming hot spots that are attracting international interest from not only the tourism industry but the investment sector as well. Many new projects have been completed and others are in various stages of development bringing new capital and more people both ex-pat and locals alike.

To Recap; This HOTEL PROPERTY offers 23 rooms of various sizes fully furnished with queen, double or single beds depending on the client’s needs. Each standard room has a private bathroom with hot water shower and is air-conditioned. Other facilities include staff quarters, fully functional restaurant and kitchen, large Jacuzzi pool, storage rooms, laundry room on each floor, commercial area for tourism related business and the reception area, offices and parking. The Hotel is currently rented by a group offering Hostel style accommodation that has made this an even more of a recognized hot spot.

Dominical is changing quickly. With access from San Jose (the capital city with over 1.5 million people) now only 3 hours by paved highway has opened the “Ballena Coast” to not only more tourism but by expats but locals as well. Dominical and area offers world class surfing (one of the three best surf spots in Costa Rica), great fishing, bird watching, wild life, hiking to the nearby waterfalls, horseback riding, diving, snorkeling, sea kayaking and over seven additional beaches within a 20-minute drive of the Hotel.

The OPPORTUNITIES available for this Hotel PROPERTY to excel and capture more of this trending market are excellent. The Seller is motivated and is open to the option of owner financing at very reasonable terms for a qualified buyer. Please contact Darrel Simonson for more information.

Details
  • Price:  $885,000  
  • Status: For Sale
  • Gross Area: 1,063 m2
  • State: Good
  • Construction year: 2004
  • Parking type: 12 Outdoor
Amenities
  • Private Pool
Surroundings
  • Shopping Center
  • Commercial Area
  • Gym
  • Ocean
  • Supermarket
Estimated Monthly Payment

$885,000