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Hotel & Restaurant: Popular & Profitable Boutique Waterfront Hotel Right on The Estuary

Playa Grande, Cabo Velas, Santa Cruz, Guanacaste, Costa Rica

Basic Listing Information

Price:
$1,700,000
Listing ID:
CS1700037
Property Type:
Hotel/Resort/Hostel
Listing Type:
Commercial Sale
Status:
Active
Images:
28
Beds/Baths:
10/10
Location Type:
Riverfront
View Type:
River View
Total Lot Size:
2,118.50 m² (22,803.25 sq ft)

Listing Images

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This is one of the most popular, well established and profitable operations in Guanacaste. Situated right on the Rio Matapalo Estuary on the south end of Playa Grande, this property is just a short walk from the beach, or a water taxi ride from Tamarindo, one of Costa Rica's most visited areas. This operation utilizes several revenue streams to maximize profits, like a beautiful 10 room hotel; a popular large capacity restaurant; active tour operation; concierge service and property management company. All which earn commissions while serving their guest for 10 months a year when they enjoy a high occupancy. The operation shuts down for 2 months every year for scheduled annual maintenance ensuring that the property is well maintained and always in top running condition.

See what the agent says about this listing (original title and description):

Popular & Profitable Boutique Waterfront Hotel Right on The Estuary

This is one of the most popular, well established and profitable operations in Guanacaste. Situated right on the Rio Matapalo Estuary on the south end of Playa Grande, this property is just a short walk from the beach, or a water taxi ride from Tamarindo, one of Costa Rica's most visited areas. This operation utilizes several revenue streams to maximize profits, like a beautiful 10 room hotel; a popular large capacity restaurant; active tour operation; concierge service and property management company. All which earn commissions while serving their guest for 10 months a year when they enjoy a high occupancy. The operation shuts down for 2 months every year for scheduled annual maintenance ensuring that the property is well maintained and always in top running condition.

Long Description

THE HOTEL has 10 well appointed rooms that can accommodate up to 24 guests and enjoys a high occupancy for 10 months a year (closed in Sept. & Oct.). THE RESTAURANT offers a "fusion of the Americas" menu that joins California fresh, Gulf coast Cajun and New England seafood with Latin American variety and Costa Rican specialties. This restaurant serves its guests breakfast every morning and many visitors from all around the area on a nightly basis. It's large capacity also makes it ideal for weddings, private parties and graduations for local schools. THE TOUR OPERATION takes advantage of pre-booking hotel guests for Costa Rica adventures before they even arrive, earning profits on every booking, as well as THE CONCIERGE SERVCE that arranges tours, transportation and car rentals for their guests. There is also a PROPERTY MANAGEMENT service that manages vacation home rentals in the area, also earning commissions on every booking. This hotel was originally opened in 1984 and purchased by the current owners in 2002 and have enjoyed handsome profits ever since.

Details
Roof Type: Roof Tile
Number of Units: 10
Number of Bedrooms: 10
Number of Full Bathrooms: 10
Number of Stories: 1
Total Interior Area: 975.49 m² (10,500.00 sq ft)
Total Area under Roof: 1,142.71 m² (12,300.00 sq ft)
Total Lot Size: 2,118.50 m² (22,803.25 sq ft)
Construction Status: Completed
Year Built: 1984
Year Remodelled: 2016
Air Condition: No
Furnished: No
Pool: No
Jacuzzi: No
Parking Type: Guest Space(s)
Number of Parking Spaces: 4
Telephone: Yes
Internet Types: Cable Internet
Television Types: Standard Cable TV, Standard Satellite TV
Geography
Location: Playa Grande, Cabo Velas, Santa Cruz, Guanacaste, Costa Rica
Country: Costa Rica
State: Guanacaste
County: Santa Cruz
District: Cabo Velas
City/Town: Playa Grande
Location Type: Riverfront
Geographic Type: Dry Forest
View Type: River View
Elevation: 5.00 m (16.40 ft)
Precipitation: Dry
Average Temperature: 85 °C (185 °F)
Features
Interior Features Included: Bar, Breakfast Bar, Ceiling Fans, Fireplace, Fully Equiped Kitchen, Gourmet Kitchen, High Ceilings, Laundry Room, Marble/Granite Countertop, Natural Wood Finishing, Separate Dining Room, Storage Room, Vaulted Ceilings, Washer/Dryer Hookup, Water Heater, Wet Bar
Exterior Features Included: Garden, Handicap Accessible, Maintenance Building, Storage Shed, Veranda, Water Faucets
Amenities Included: Concierge, Internet, Laundry Service, Lawn Service, Maid Service, On-Site Maintenance, Telephone, Television, Water
Community Features: Security
Security Features: Gate Guard, Gated Community, Gated Entrance, Guard, Guarded Entrance, Reception Desk, Security Lighting, Security Patrol
Infrastructure
Street Access Type: Unpaved Road
Type of Water: City Water
Type of Sewer: Septic
Type of Internet: Cable Internet, DSL Internet
Type of Television: Cable Television, Satellite Television
Type of Electricity: Public
Telephone Available: Yes
Financial/Legal
Price per Air-Conditionable Living Area: $1,742.72/m2 ($161.90/sqft)
Price per Total Area Under Roof: $1,487.69/m2 ($138.21/sqft)
Price per Square Meter: $802.45/m2 ($74.55/sqft)
List Price: $1,700,000
Ownership Type: Fee Simple

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