Why choose this business?
There is an opportunity to buy a sustainable and profitable hotel business in Costa Rica, built in 2007, opened in 2008 and transferred into current ownership in 2010. This business is growing steadily under the leadership of the current owner. The hotel operates as a “condotel” and is a great opportunity for those looking to build an already successful business to generate income, create their own capital and still enjoy the Costa Rican lifestyle.
Our award-winning hotel is fully operational and turnkey.
The hotel boasts a strong local market that generates year-round income in contrast to hotels located elsewhere in the country.
The house for sale has 8 junior suites / studios that can accommodate up to four guests, all with en suite bathrooms with showers, queen-size double beds and full or fold-out beds, air conditioning, hot water, refrigerator, coffee maker and cable TV. Everything is located around a wonderful pool and jacuzzi, in well-kept tropical areas.
On site there is a pump / equipment / storage room for the pool and two more bodegas for storage, as well as a 24/7 administrative office and laundry room.
Also a fully furnished owner / administration villa overlooking the pool. The villa has 3 bedrooms and 2 bathrooms with a fully equipped kitchen and a roof terrace with barbecue. The villa is currently being rented out for vacation rentals for additional cash flow as the current owners live off site. The other two holiday villas are located at the rear of the property, which is owned by an investor but managed and rented by the hotel, providing an additional stream of income.
The establishment for sale is fully staffed with bodies, cooks, maids, bartenders, service and garden staff, as well as night security. Currently, hotel revenue streams include apartment sales, food and beverage sales, concierge services for excursions and excursions, and transportation to local areas and airport with a 12-seat minivan owned by the hotel. Additional income is received by the management of real estate and the rental of villas and holiday apartments, both on and off the premises.
There is plenty of room to increase revenue by expanding out-of-home vacation rentals and increasing the promotion and sales of the concierge, transportation and restaurant business. It is also possible to purchase two adjacent plots in order to increase and expand the number of hotel rooms.
