Nicoya, Guanacaste, Costa Rica

Overview - ListingID 900701003142

Price: USD $ 2,500,000.00 Contract type: Sale Property type: Commercial building or space, office, warehouse, hospitality, etc.
Property general location: Mountain/Hill/Farmland New or pre-owned: Furnished:
Bathrooms: Bedrooms:
Stories/floors: Lot size: 8000.00 m2 | 86,112.00 ft2
Construction size: 0.00 m2 | 0.00 ft2
Living space: m2 | 0.00 ft2 Garage, patio, porch,etc: 0.0 m2 | 0.00 ft2
Price: 2500000.00
Contract type: Sale
Property type: Commercial building or space, office, warehouse, hospitality, etc.
Property general location: Mountain/Hill/Farmland
New or pre-owned:
Furnished:
Bathrooms:
Bedrooms:
Stories/floors:
Lot size: 8000.00 m2 | 86,112.00 ft2
Construction size: m2 | 0.00 m2
Living space: m2 | 0.00 ft2
Garage, patio, porch,etc: m2 | 0.00 ft2

Description


                                Multi-tier investment opportunity Nicoya Peninsula (Santa Teresa/Mal Pais) 

1)Profitable award winning resort
2)Profitable beachfront restaurant - Habanero
3)Property development & expansion opportunity:
a.Total property size: 8000 M2 - 40 M beach front, 40 M bordering main road
b.ZAT zoned for tourism development: hotels, condos, rental agencies, casino, restaurant/bar. All concessions and permits valid and registered.
c.Current building footprint: 600 M2
d.5400 M2 available for additional development, including 2nd floor expansion and Santa Teresa main street facing property
4)Current annual revenues of resort and restaurant are between 15-20%
Asking price: $2.5 million (aerial photos of property available upon request)
Optional property for development:
1)2 additional parcels available
a.8000 M2 - ZAT zoned for tourist development, 40 M beachfront, 40 M bordering main road. Asking price: $1 million
b.12,500 M2 ZAT zoned for tourist development, 75 M beach front, 75 M bordering main road. Asking price: $1.5 million
1)Playa Cielo Resort
a.Under development since 2008, operational since December 2011
b.One owner
c.Occupancy rates:
i.High/dry season (November through early May): 100% occupancy
ii.Wet/green season (May through June): 75% occupancy
iii.Mini-summer (July and August): 90%+ occupancy
iv.Wet/green season (September and October): between 40-50% occupancy
d.Buildings:
i.Top quality construction and materials using ecological-friendly building methods and materials
ii.4 private villas - 3 one bedroom, 1 with two master bedrooms - each including:
1.Ocean view with large French doors and picture windows
2.Kitchenette
3.Luxurious en-suite bathroom with tub and rain shower
4.External showering area
e.Utilities and infrastructure:
i.Water source, well water located on premises and primary source of water, piping from municipal sources also installed.
ii.Sewage, ecological Eloy Water Treatment Plant system.
iii.Property is fully landscaped: mature lush tropical gardens with large native trees.
iv.Full irrigation system for plant/grounds
v.Swimming pool of solid quartz poured concrete pool with surrounding landscaped seating area.
vi.Parking lot for guests and restaurant visitors
vii.Gated front entrance from main road
viii.Teak wood spa pavilion facing beachfront open on all sides with sea view
ix.Poured concrete waterways
x.Decorative lighting throughout grounds
f.Awards and rankings
i.Trip Advisor 2012 Award of Excellence
ii.Trip Advisor 2013 rated #3 of best small hotels in Costa Rica
iii.Trip Advisor 2013 rated #11 of 25 best small hotels in Central America
2)Habanero Mexican Bar and Grill
a.Full service restaurant and bar on beach front, magnificent sunset viewing
b.Teak structure open on all sides
c.Seating for 48
d.Top rated chef

Features:

  • Air conditioning (A/C)
  • Garage capacity:
  • Bedrooms:
  • Half bathroooms:
  • Stories / floor:
  • Bathrooms:
  • Home Owners Association (HOA)
  • View
  • Maid quarters
  • Swimming pool
  • Year built:
  • Gated Community
  • Covered
  • Garage Open

Location and Map

Country: Costa Rica
State or Department or Province: Guanacaste
Location: Nicoya