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Business property Cóbano Costa Rica | Boutique Hilltop Ocean View Hotel in Downtown Santa Teresa

Price
$2,800,000
Bathrooms
7
Parking
7
Lot Size
1566

Business property Cóbano Costa Rica | Boutique Hilltop Ocean View Hotel in Downtown Santa Teresa

Location

Cóbano

Published

16/05/2024

Price/m² of construction

$17,500

Price/m² of land

$1,787

160

Details

Highly successful business with excellent historical returns.
Ocean views from the entire property.
Unbeatable location with short walking distance to town and beaches.

An unparalleled investment opportunity knocks with this spectacular ocean view hotel for sale located just 5 minutes on foot from the Playa Carmen area of Santa Teresa and its beaches, restaurants, shops, and nightlife.

This prime offering has it all, with unbelievable vistas of the Pacific Ocean and all the amenities – and more – to be expected from one of the area’s most reputable boutique hotels. With a variety of accommodation available for prospective guests, a strong historical occupancy rate, and a unique combination of nature and access to town, this turnkey investment is available for immediate takeover for reliable passive income generation or active management.

Hidden away amongst the palms and verdant Costa Rican jungle, the property has everything guests visiting the booming tourism hotspot of Santa Teresa look for. The hotel’s signature ocean views are included in all three different types of accommodations – standard rooms, suites, and superior suites. Standard rooms are one-bedroom units with full bathrooms and either a mini-fridge or kitchenette, while suites have two bedrooms, a full kitchen, bathroom, and balcony. The superior suites are the property’s marquee offering, with three spacious bedrooms, living room, and terrace for soaking up the beauty of the surrounding area.

The hotel’s wide variety of amenities are what keep guests coming back year after year. A large infinity pool and terrace look out over palm fronds and jungle flora for decadent vistas of the blue Pacific. The property also offers a large ocean view yoga terrace, and with a large kitchen and prep area is poised to host retreats and other larger events, tapping into one of the largest draws of visitors to the area.

This is a business that has been run with great success, including membership in the TripAdvisor Hall of Fame and a staggering 80% occupancy rate during its 10-month operating period. Necessities like air conditioning, high-speed fiber optic internet, hot water, and municipal utilities are already set up.

There is an extra parcel of 2782 sq/m available for purchase, only as a package deal with the other property for $500.000.

In short, if taking over a successful turnkey business with even more growth potential in tropical paradise is an appealing prospect, this is one listing you can’t afford to miss.

ID: 1011744