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Villas Rio Mar, Excellent 52 Room Hotel: Turn Key Hotel

Dominical, Bahía Ballena, Osa, Puntarenas, Costa Rica

Basic Listing Information

Price:
$4,250,000
Listing ID:
CS1700053
Property Type:
Hotel/Resort/Hostel
Listing Type:
Commercial Sale
Status:
Active
Images:
16
Beds/Baths:
52/60
Location Type:
Riverfront
View Type:
Mountain View, River View
Total Lot Size:
6.59 ha (16.28 acre)

Listing Images

Villas Rio Mar, Excellent 52 Room Hotel: Turn Key Hotel

Great Investment Opportunity

Long Description

Hotel Villas Rio Mar – Dominical. Costa Rica Excellent 52 Room Hotel Operation located next to the town of ‘Dominical’, 30 miles (48 Kms) south of Quepos / Manuel Antonio on the cross point of the Coastal highway (the Costanera) and the intersection to San Isidro and San Jose, which is the gateway to the incredible “Ballena Coast”. The Hotel is gated and covers 6.7 ha (17 acres) of land and borders “Rio Baru” and is approximately 900 meters from the beaches of Dominical and the Pacific Ocean. The construction and finishings of this 52-room Hotel have been done with an exotic theme and an eye for comfort, natural ventilation, and harmony with nature. About 30 % of the land is used for construction, 40% for a mature exotic garden, and another 30% is available for future extensions. All buildings are interconnected by concrete sidewalks. There are 52 rooms in total, all with private terrace and a simple kitchen. Twelve (12) are ‘’Junior Suites’’ (2 luxury double beds, air, TV), Thirty-Two (32) are ‘’Superior Rooms’’ (one double bed and two singles, air, TV), Four (4) are ‘’Family Suites’’ (cooking facilities, 2 double beds, air, TV), and another Four (4) are ‘’Standard Rooms’’ for walk ins, drivers, and guides, (one double bed, fans, big terrace with hammock). Amenities include a 120-seat restaurant/bar, large inviting 200 m2 pool with pool bar, an 80-seat airconditioned conference room that is connected to the restaurant, spa facilities, outdoor gym, and a tennis court. Water for the Hotel facilities comes from two deep wells located on the property providing a steady source of clean water and is maintained by the hotel operations. The hotel reception area includes offices, a souvenir shop, a tour information center and 2 condo apartments in front of the hotel for management and staff. There is large parking area that can accommodate 50 plus vehicles and additional lodging for the staff and tour bus drivers. The hotel is ICT licensed (ministry of Tourism) with a 3-star rating and a 4-leaf certification for sustainable tourism. This superb Hotel Operation is in a healthy financial condition and free of debt. This excellent 52 room Hotel has produced a healthy occupancy and steady growth during recent years. The Hotel Villas Rio Mar offers the prospective buyer options to maximize the return on investment. Dominical and the “Ballena Coast” are up and coming hotspots that are attracting interest from not only the tourism industry but the investment sector as well. Many new projects are in various stages of development bringing new capital and more people, both foreigners and locals alike. Comparable hotel operations currently on the market offer far less for the same value as this offering. Financials are available to qualified prospective buyers with a signed non-disclosure.

Details
Roof Type: Metal
Number of Bedrooms: 52
Number of Full Bathrooms: 60
Number of Stories: 1
Total Interior Area: 3,668.76 m² (39,490.05 sq ft)
Total Lot Size: 6.59 ha (16.28 acre)
Floor Type: Tile
Construction Status: Completed
Construction Type: Concrete, Wood, Stone
Year Built: 2005
Appliances Included: Stove, Freezer, Oven, Washing Machine, Microwave, Refrigerator, Grill, Dryer, Garbage Disposal
Air Condition Type: Multiple Wall Units
Furnished Type: Fully
Pool: Yes
Jacuzzi: Yes
Parking Type: Detached Garage
Number of Parking Spaces: 50
Telephone: Yes
Internet Types: Other
Internet Types Comment: Wi-Fi
Television Types: Standard Satellite TV
Geography
Location: Dominical, Bahía Ballena, Osa, Puntarenas, Costa Rica
Country: Costa Rica
State: Puntarenas
County: Osa
District: Bahía Ballena
City/Town: Dominical
Zip Code: 60504
Location Type: Riverfront
Geographic Type: Rain Forest
View Type: Mountain View, River View
Precipitation: Moderate
Average Temperature: 25 °C (77 °F)
Features
Interior Features Included: Bar, Dry Bar, Water Heater, Laundry Room, Multiple Master Suites, High Ceilings, Ceiling Fans
Exterior Features Included: Garden, Fenced Yard
Infrastructure
Street Access Type: Unpaved Road
Type of Water: Well Water
Type of Sewer: Septic
Type of Internet: Other
Type of Television: Satellite Television
Type of Electricity: Public
Telephone Available: Yes
Financial/Legal
Price per Air-Conditionable Living Area: $1,158.43/m2 ($107.62/sqft)
Price per Square Meter: $64.49/m2 ($5.99/sqft)
List Price: $4,250,000
Ownership Type: Legal Corporation

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