This is an ideal investment. . .
for a buyer with no Hotel experience at all of running a small Hotel , due to the fact that the staff can be relied upon to handle any situation allowing the owners time to enjoy this beautiful part of Costa Rica.
Or an investor living abroad who can hire a local manager to run the property and generate a solid return.
Or also an ideal scenario for the young couple looking to earn a steady income while residing in Costa Rica…
… Or for the retired person seeking to move to the tropics to retire and have something to do.
This AAA lakefront location will continue to appreciate in value.
The sales price is 70% under the market value and the estimated expenses for the necessary renovation and cosmetically touch up are 250.000$. Still expecting a full investment of under 1.000.000$
At the moment of reopening the doors to the public the value of this property will again raise over 3.000.000$!
A new opening, among the most awaited ones in the entire Lake Arenal area, that will bring a new important actor on the already very lively and constantly moving gastronomic highlights of Lake Arenal in Guanacaste.
The small Hotel, with its 20 suites in the very northern end of Lake Arenal, may also feature a 340 m2 waterfront Restaurant were contemporary cuisine will be served, offering the refined taste of some Costa Rican classics, a “hand-picked touch” granted by the best local products.
For additional information on this Hotel for sale please contact us below.
This property is perfect for any investors looking for a existing Hotel with the possibility to build and increase the volume to a resort for a Condominium Hotel project or Vacation Club property.