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 air-conditioned 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.
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Kevin became the owner of Osa Tropical Properties in January 2014. He is a Certified Costa Rica Real Estate Agent with extensive experience in Costa Rica as a broker and sales associate with Osa Tropical Properties. He attended high school and college in Costa Rica giving him first hand knowledge of local culture and business processes. Kevin has lived in Costa Rica since 1996. The sun, the beach and the Pura Vida lifestyle drew Kevin to Costa RIca. In addition to his expertise in real estate, Kevin has experience with home design and construction. Kevin's young daughter likes to come to the office to see her dad and is likely to be the third generation of the Champagne family to be part of the OTP team. He is fluent in Spanish, English and French.