Lake Arenal Hotel & Resort: A Lucrative Investment Opportunity in Costa Rica Arenal ( Guanacaste, CR - 50807) Built

$2,000,000

Costa Rica Retirement Vacation Properties

Michael Karon - Partner Michael Karon - Partner Request More Info

  • Type: Commercial
  • Style: 2 Storey
  • Bedrooms: 21
  • Bathrooms: 21
  • Garage: 30-Stalls, Detached
  • Size: 3,229,160 sq. ft. "3,000.00 m²"
  • Development Level: Built
  • Lot Size: 11 acres
  • Year Built: 1992
  • Basement: Yes

Description

Welcome to Tilaran Guanacaste, where you'll find the stunning Lake Arenal Hotel & Resort, offering an incredible investment opportunity in the heart of Costa Rica. This resort boasts a beautiful view of Lake Arenal and has 21 rooms with private bathrooms, some of which come with a fireplace and/or kitchenette. The property features a large swimming pool, large Jacuzzi, tennis court, and a large laundry area, making it the perfect destination for families and tourists alike.

The professionally landscaped gardens and green zones add to the beauty of this property, which also features dairy and pigs, making it an ideal family attraction. The hotel relies mostly on renewable sources of energy like solar and biogas, keeping utility bills to a minimum. The bar and restaurant kitchen are rented to third-party tenants who pay a free and clear 25% of total income on a per month basis for the bar and 15% of plate sales per month for the restaurant kitchen, both year-round.

All related expenses, including electricity, employees, and all purchases generating sales and taxes, are paid by the bar-restaurant tenants. The local chef and his partner are trained in international cuisine and are dedicated to providing guests with a fantastic culinary experience. The restaurant hosts musical events on a regular basis, adding to the overall ambiance and appeal of this property.

The on-site 3.5 barrel Regional Brewery is the main attraction for the bar-restaurant, paying $2,000 rent per month on 100m2 of space. The brewery produces six types of beer, selling them not only at the bar/restaurant but also at La Fortuna Pub and the Monteverde Beer House, with additional sales in the capital city (San Jose), Jaco, and Coco Beach, among others! The off-premises sales generate traffic to the bar-restaurant, quite unusual for a hotel to be known for great and reasonably priced food here in Costa Rica.

This hotel and resort have been appraised at $2,600,000, but it is now offered for sale at $2,000,000 or a 51% ownership at $1,326,000. This is an incredible opportunity to invest in a thriving hospitality business that promises great returns. Contact us today to schedule a viewing and learn more about this fantastic investment opportunity!

Attachments

Features

Interior Features

  • Stone
  • Wine Storage

Exterior Finish

  • Concrete
  • Concrete Block
  • Stone

Roof

  • Concrete

Cooling

  • Ceiling Fan

Lot Features

  • Landscaped
  • Patio
  • Swimming Pool
P2#293166543
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Information is deemed to be correct but not guaranteed.