Costa Rica – $1,590,000

Luxury Boutique Hotel

This beautiful boutique hotel is a 5 minute walk from Cocles beach. It has 5 stunning villas all-together.

Two of the villas are 100 Sq M each and have 2 bedrooms with air conditioning & 2 bath. They have wood floors with a Balinese touch throughout. The third villa is 168 Sq M, 2 bedrooms (with AC) and 2 en-suite bath. It has a kitchen with granite countertops with a large outdoor living area in the front & garden access in the rear. The fourth villa is ~80 Sq M with 2 bedrooms & 2 bath as well. The gorgeous pool is 70 Sq M with ample room to accommodate guests in all houses. The property has 3 wells with 10,000 litres of collection facilities. City water is planned to be installed later in 2019. There is a 5th house on the property that also has 2 bedrooms with 2 ensuite bathrooms that will soon be converted to a high-end rental unit. There is high-speed WiFi throughout the property and Sky Cable in the bedrooms of 4 of the villas.

• There is a reception area upon entering the property that has 2 washers & 2 dryers and 2 “Dry Rooms”, along with extra storage space. The property has 2 entrances with gates & security cameras installed in reception.
• The gardens are impeccably maintained, the hotel has all the proper permissions from the Health Department, Municipality & Hacienda & all the houses were built with appropriate permissions.

Appreciation

• Income is based on a 75% Rental rate based on a daily rate of $1100 rate per day for the whole complex