Under Market Value, Well-Established Ocean View Hotel for Sale - $698,000

Here is an excellent deal! An ocean view, 5 room hotel with a 3 bedroom ocean view house, a pool, and plenty of room for expansion. Current figures already prove a value of over $800,000. With the right management the value would go up. Must sell!
By: Ben Morris - Coldwell Banker Vesta Group
 
Aug. 6, 2009 - PRLog -- Features Include
   + Land Size: 10605.65 sqm
   + Parking: 10

Additional Features
   + Central location with 2wd access
   + Website
   + Already established marketing and return customers
   + Ocean and Mountain Views
   + Lots of room for hotel expansion and/or property sub-division

Inclusions
   + Land phone line w/internet connection (and cell phone service)
   + 5 guest rooms (each with private, covered outdoor area)
   + Pool and pool house
   + 3-bedroom, 2-bathroom main house

Inspections
   By appointment

This 5 room hotel and 3 bedroom, 2 bath home, both with ocean views, sit on over one hectare (2.5 acres) of land just under half a mile off of the Costanera highway in Ojochal. Built in 2006, this charming hotel has had lots of success with its great location and reasonably priced rooms. Guests get a fresh breakfast every morning before going out to an unlimited number of tours, activities, and beaches in the immediate area, and a pool to cool off and unwind in after their exciting days. Each hotel room is equipped with bathroom, mini-fridge, and private front porch or balcony with ocean view.

The adjacent home is well suited for the family that wants to give their guests a full-service experience while still maintaining a certain amount of privacy from the guests' rooms. The house features solid construction, a nicely equipped kitchen, two covered outdoor areas, and a spacious dining/living room with great green mountain views.

This is the perfect property for the couple(or family) that wants to move to Costa Rica and jump right into an income producing business that also has ample room for expansion when the time is right.

Ojochal is a well-developed community with an exciting diversity of inhabitants including native Costa Ricans and people that have fallen in love with the natural beauty of the area from all around the world. It is also the home of many of the best restaurants in the southern Pacific zone. Grocery stores, fruit stands, internet cafes, stunning beaches, rainforests, and the full range of activities that Costa Rica is famous for are all at your fingertips!

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I have worked in real estate in the southern Pacific zone (Dominical area) of Costa Rica for 3 years now. I specialize in knowing about a variety of great commercial and residential deals that will meet your specific needs. Send me an e-mail & ask. Financials are available to interested buyers.
End
Source:Ben Morris - Coldwell Banker Vesta Group
Email:***@cbcostarica.com Email Verified
Tags:Hotel, Income, Income-producing, Value, Deal, Sale, Real Estate, Costa Rica, Buying, Purchasing
Industry:Real Estate, Deals, Travel
Location:Ojochal - Puntarenas - Costa Rica
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