Description
This hotel is quite simply one of the finest boutique hotel opportunities in both pricing and operational flexibility anywhere on the Pacific Coast. The property is comprised of a total of 10 luxury condo rentals located on three different levels. There is a spacious and beautiful tropical pool area, a fully equipped restaurant that can serve both the hotel and the public, a reception along with spacious owners or managers apartment and office. The property is located less than 100 meters off the main road that connects Marina Pez Vela and the community of Quepos with Costa Rica's most visited national park, Manuel Antonio. The property is incredibly unique as it has been run like a hotel property for years which maximizes income but also has tremendous flexibility as while it has been run as a hotel, the legal structure is actually one of a condo. there are 12 individual titles so individual condos can be sold off to investors, retained by one owner or multiple owners. This allows for creative structures with management, HOA, common area maintenance, and services as well as a versatile operation and rental program. The main structure is a three-story building with the lowest floor offering a total of four, two-bedroom, one-bathroom garden villas. These garden villas are spacious, great values as they can sleep up to 6 people, and are popular with families and smaller groups who take advantage of the great value. The ground and pool front villas, of which there is an additional 4, are large split level studios as well, each with a full kitchen and either an option sunken den and patio OR they are currently set up with dual sleeping areas to maximize capacity. These options have direct pool and garden access out of one side and spacious private balconies on the other side. The top level of the project is home to two, large 2 bedroom condos, each with beautiful mountain and rainforest views, vaulted ceilings, spacious covered private terraces on both sides, fully equipped kitchen living and dining areas. The grounds are spacious, impeccably maintained and there are just endless options here to manage, sublet the restaurant, run the entire complex like a hotel or purchase, sell-off individual condos and retain a lucrative management and operations element.This is the PERFECT hotel for clients looking for a new lifestyle, solid returns, flexibility in ownership and operations in a destination whose tourism volume has already aligned it as one of the most sought after destinations in the Americas.
