For Sale $900,000 - Business, Hotel / B&B
Beach front Hotel for sale in Dominical
- Property ID: 4067 C
- Lot Size M2: 1
- Lot Size Acres: 0.26
- 20 Bathrooms:
- 20 Bedrooms:
“OPPORTUNITY”. A word used over an over that is meant to remind interested individuals that there is still some of that available in Costa Rica. THIS is one of those OPPORTUNITIES…a strategically located Hotel on the beach in Dominical with 23 air-conditioned rooms. Included in the infrastructure are facilities to support a 50-seat restaurant with fully equipped kitchen and bar. The NUMBER ONE feature of this Hotel property is the location….”Location Location Location”….This statement has withstood the test of time, and absolutely describes this property. Just 50 meters from the beach at Playa Dominical, this hotel provides everything that the vacationing public desire and expect….BEACH, SUN AND FUN.
Personal circumstances and related issues have required the owner to place this Hotel property on the market for an amount far less than the true value. The seller is motivated.
The Hotel offers the prospective buyer an Opportunity 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 have been completed and others are in various stages of development bringing new capital and more people both ex-pat and locals alike.
To Recap; This Hotel offers 23 rooms of various sizes fully furnished with queen, double or single beds depending on the client’s needs. Each standard room has a private bathroom with hot water shower and is air-conditioned. Other facilities include staff quarters, fully functional restaurant and kitchen, large Jacuzzi pool, storage rooms, laundry room on each floor, commercial area for tourism related business and the reception area, offices and parking. The Hotel is currently rented by a group offering Hostel style accommodation under the name “Cool Vibes Hostel”
Dominical is considered as the gateway to the “Ballena Coast”. The word “Ballena” (pronounced “by-yehna”) means Whale in Spanish and represents the reason for the “Marino Ballena National Park” located near Uvita, which plays host to 100’s of Humpback Whales and 1000’s of Dolphins throughout the year. The “Ballena Coast” in the Southern zone stretches from Dominical south and covers over 65 kms (40 miles) of unique coastline. Dominical has been a relaxed, sleepy surfer town for many years, but that is changing quickly. With access from San Jose (the capital city with over 1.5 million people) now only 3 hours by paved highway has opened the “Ballena Coast” to not only more tourism by expats but locals as well. Dominical and area not only offers world class surfing, there is great fishing, bird watching, wild life, hiking to the nearby waterfalls, horseback riding, diving, snorkeling, sea kayaking and over seven additional beaches within a 20-minute drive of the Hotel.
The OPPORTUNITIES for this Hotel to excel and capture more of this trending market are excellent. The Seller is motivated and is open to the option of owner financing at very reasonable terms for a qualified buyer.