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Esterillos Beachfront Hotel 7 rooms Owner Home Financing

Esterillos Beachfront Hotel 7 rooms Owner Home Financing

Price: $495,000

Property ID: 3,044
Baths:
7
Beds:
7
Land Area:
1713 sq meters
Construction:

JUST REDUCED  ONLY $495
WILL FINANCE

Best Beachfront deal anywhere

Beachfront Hotel
This is a neat little 7 room hotel with owner residence and a very popular restaurant and bar.  It is on a  nice sandy white beach and runs for miles.  Horseback riding and an untold number of water sports are available to guests.

Location
Fifteen minutes south Of Jaco Beach and 40 minutes north of Manuel Antonio in a very popular area that features a new Town Center and a new development that is completed with over 100 homes.  There are two major Marinas, one in Quepos and the other in Herradura.

International Airport
It is 1 hour and 15 minutes from San Jose International Airport.

Operation
The hotel has not been promoted, and in this location and being beachfront, can do extremely well.  The restaurant does very well week after week and is very popular.

Market opportunity
This is truly a multiple market location.  Manuel Antonio is the most visited place in all Costa Rica, and all the traffic passes this Hotel, 35 minutes before you get there.  The Quepos Pez Vela Marina is also en route and only 30 minutes.  Jaco beach for nightlife is only 15 minutes away and the other Marina at Herradura is another 10 minutes from Jaco.
The family market is very large for this type of location and as well the surfers.

Expansion area
There is ample room to expand. Depending on the configuration and system, at least 15 rooms could be added

What is missing
The hotel needs some cosmetics work to attract a higher paying client and to improve nightly rates.  This is a great beachfront location and should be addressed.in this manner.

Comparison
There is nothing anywhere near this price range right on the beach with this many rooms and owner residence.  More, the restaurant and bar business does well enough to kickstart the business for someone wishing to take advantage of this great place and upgrade it.

What can you expect to earn
Call me, Robert at 1 (888) 581 1786 toll-free or (506 2293 2446 in Costa Rica.
I will go over the details of the profitability, and, if you are coming to Costa Rica, will make a conservative earnings projection for you.

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$495,000

Property ID: 3,044

Baths:
7

Beds:
7

Construction

Land Area
1713 sq meters