Costa Rica – Beach Front Hotel

Costa Rica – Beach Front Hotel

Beach Front Property and Boutique Hotel is in full operations. Its area of land is aprox. 1 Hectare (2,47 Acres). The Hotel is being offered “as it is” as of today (10 Standard hotel rooms, 4 Deluxe-Jacuzzi Rooms, 1 King Sun Suite), 4 Jr. Studios (1 bedroom plus living and kitchen), 10 Studios (2 bedroom units), – in total 35-, swimming pool, Restaurant incl. Palapa/Rancho and Kitchen, Office building, buildings for services and employees, parking lots, etc) – for aprox. 3,800 m2 of construction area). Duly stamped architectural plans and building permits.

Financial Outlook: the Hotel can reach over the coming years a yearly turnover of US $ 1,200,000 to US $ 1,500,000 (gross sales) and can operate with costs of not more than US $600,000 to US $ 800,000, for a yearly cash flow profit of aprox. US $ 600,000 to $ 900,000 in the near future (1 or 2 years). Currently, it operates “cash flow neutral” with gross sales of aprox US 1,2 Million. The property –only assets- have been officially appraised back in US $ 6,400,000 (without taking into consideration the immaterial goods, the contracts with tour operators and the marketing results, the licenses and permits to operate, the “good will” and the value of an “operating business”).

The sunny province of Guanacaste in Costa Rica’s North Pacific hosts the unique, exclusive and romantic Beach front and boutique hotel, located just a few steps from the tranquil waters of Potrero Beach, one of the safest beaches of the Pacific Coast. Hotel is a beautiful property with friendly staff, who strives to offer an outstanding personalized service, to make all our guests feel like home. Our hotel is committed with a sustainable philosophy that contributes to keep nature, community and economy in balance.

This location offers visitors all the modern amenities, an outdoor pool, jacuzzi, spa, souvenir store, yoga classes at no cost for all our guests, tours all framed in an impressive tropical scenario that includes lush and tropical gardens with native and exotic species and a wide front facing the beach, the perfect venue for wedding ceremonies while the sun sets.

Registration at ICT with category of “4 Stars”; registration to the CST (Certificado de Sostenibilidad Turistica) in process. Liquor License included. “Casino license” exists (not operating). This is not a full description of the object of the sale.

CST is a program implemented by the Costa Rican tourism board, that seeks to certify tourism companies according to the degree to which its operations comply to a model of sustainability. To this effect, four fundamental aspects are evaluated:

  • Physical-biological parameters: Evaluates the interaction between the company and its surrounding natural habitat.
  • Infrastructure and services: Evaluates the management policies and the operational systems within the company and its infrastructure.
  • External clients: Evaluates the interaction of the company with its clients in terms of how much it allows and invites the client to be an active contributor to the company’s policies of sustainability.
  • Socio-economic environment: Evaluates the interaction of the company with the local communities and the population in general.

To measure and fix these different levels, the CST program provides a system of “sustainability levels”, on a scale of 0 to 5, in which each number indicates the relative position of the firm in terms of sustainability with level 5 being the highest. This scheme provides a way to classify the tourist firms in terms of “levels ” in a system very similar to the commercial categorization of hotels by means of the well known stars system.

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$13.5 M

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