Sale $1,500,000.00
  Costa Rica, Guanacaste, Lake Arenal
 Hotel 21.0 bed 28.0 bath 35,780 sqft Built: 2008 Active
ID: 9673

Property Description

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All for $2,000,000 or fractional 51% and up using a % of purchase of the BCR $2,600,000 appraisal.

26 years in operation and profitable.
The bar is rented to a third party and pays a free and clear 25% of total income on a per month basis just as is the restaurant kitchen that pays 15% of plate sales per month, both year round. Note all related expenses including electricity employees and all purchases generating sales and taxes are paid by the bar-restaurant renter.
Take a look at our plates, the Chef is local, and internationally trained his biz partner is also local both are dedicated to there restaurant and the client\'s experience! Come to try the food and ambiance or best yet one of the musical events that they organize.

On-site 3.5 barrel Regional Brewery pays $2,000 per month in the rental of 100m2 space and serves as the main attraction for the bar-restaurant and road advertising. We sell a full six types of beer at La Fortuna Pub and the Monteverde Beer House with additional sales in the capital, Jaco, and Coco beach among others! Our off-premises sales generate traffic to the bar restaurant, quite unusual for a hotel to be known for great and accessible priced food here in Costa Rica.

The Hotel has 21 rooms all with private bathrooms. It also has solar hot water and solar photovoltaic panels keeping operational costs low. Nice rooms some with fireplaces, a few can have a kitchenette for those long-term rentals that happen every once in a while.

Additional infrastructure to be noted: Large swimming pool large jacuzzi tennis court large laundry area. Excellent paved access from highway 142, very developed gardens and green zones. Two sources of high-speed internet excellent AyA administrated water and very dependable ICE electrical service. Dairy and pigs on the farm too great family attraction!

Since the construction of the hotel in 1992, I have pursued a "green" approach, the building is plastered rather than painted (much much cheaper to re-do) Solar PV almost negating the hotel and brewery bill, solar hot water for rooms and the jacuzzi additionally a bio-digester produces methane gas that cuts down on the LP Gas bill.

Area: two duly inscribed lots totaling 44,435m2 BCR appraisal of $10m2 and 3324m2 of construction at BCR appraisal of $676m2. See area map photo and red bordered lots.

Adjoining or neighboring businesses on separate land include a Green Home Development with 22 lots 4 with existing houses. Very large jungle area located below the hotel (ICE property) with a plethora of wildlife and birds between us and the lake. large and famous skate park. Highlight the Lake access in front of the hotel, its one of very few access points for cars and people on the linearity of the lake!

The motive for sale as the original owner builder and operator now 54 and want to lighten the load on my plate while allowing me to focus on 3 complementary businesses: Brewery expansion, the green homes development and my educational tourism business.

Additional Details

Land
44,435 /Sq.Meters
Land
10.98 /Acres
Construction
3,324 /m2
Construction
35,780 /sqft

Agent Picture
Real Estate Agent
Linda Gray
Coldwell Banker Coast to Coast

Contact Us

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Location

 Costa Rica, Guanacaste, Lake Arenal

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