Unique opportunity to purchase an iconic, beachfront boutique hotel in Costa Rica. This hotel has an irreplaceable location, steps to the sand, and the hotel was recently, remodeled completely including rooms, bedding, restaurant, gym, pool furniture to provide an impeccable design and presentation. The hotel, which reopened in December after being closed for the remodel, is currently performing at very competitive occupancy rates, with strong cash flow and projected cash flow for the upcoming season is very high (detailed spreadsheets available to qualified buyers). Recently remodeled and expanded 15 rooms to 21 rooms (potential to expand to up to 50), 2 restaurants, pool, gift shop, and plans to expand to triple its current size to a total of 45 rooms. The hotel is very well managed, all reservations and management software is in place, real time bookings via global reservation systems such as Expedia, Bookings, as well as an affiliation to a prestigious, and unrivaled selection of some of the world’s finest small independent hotels. comprised of hundreds of hotels from all over the world. Serious inquiries only. Financials and more details for qualified buyers. Property is concession property, zoned for tourist purposes with all concession payments up to date, and renewable in 2021.
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