Property features
Cable Satellite TV
Close to Schools
Ocean View
Jungle Views
Mountain Properties
Mountain View
Pool
Close to Shops
Close to Transport
Fully Landscaped
Internet
Furnished Fully
Air Conditioning
Washer Dryer
Income Producing
Investment Opportunities
Acreage
Vacation Rental
Luxury Rental
Description
There are 52 rooms in total, all with private terrace and a simple kitchen. Twelve (12) are ‘’Junior Suites’’ (2 luxury double beds, air, TV), Thirty-Two (32) are ‘’Superior Rooms’’ (one double bed and two singles, air, TV), Four (4) are ‘’Family Suites’’ (cooking facilities, 2 double beds, air, TV), and another Four (4) are ‘’Standard Rooms’’ for walk ins, drivers, and guides, (one double bed, fans, big terrace with hammock).
Amenities include a 120-seat restaurant/bar, large inviting 200 m2 pool with pool bar, an 80-seat air-conditioned conference room that is connected to the restaurant, spa facilities, outdoor gym, and a tennis court. Water for the Hotel facilities comes from two deep wells located on the property providing a steady source of clean water and is maintained by the hotel operations.
The hotel reception area includes offices, a souvenir shop, a tour information center and 2 condo apartments in front of the hotel for management and staff. There is large parking area that can accommodate 50 plus vehicles and additional lodging for the staff and tour bus drivers. The hotel is ICT licensed (ministry of Tourism) with a 3-star rating and a 4-leaf certification for sustainable tourism. This superb Hotel Operation is in a healthy financial condition and free of debt. This excellent 52 room Hotel has produced a healthy occupancy and steady growth during recent years.
The Hotel Villas Rio Mar offers the prospective buyer options to maximize the return on investment. Dominical and the “Ballena Coast” are up and coming hotspots that are attracting interest from not only the tourism industry but the investment sector as well. Many new projects are in various stages of development bringing new capital and more people, both foreigners and locals alike. Comparable hotel operations currently on the market offer far less for the same value as this offering. Financials are available to qualified prospective buyers with a signed non-disclosure.