BOUTIQUE BEACHFRONT RESORT WITH MORE DEVELOPMENT OPPORTUNITY

Santa Teresa, COSTA RICA, Costa Rica

$2700000

Sale conditions: Market

Snapshot

Escrow

Type: Hotel
Sub Type: Boutique
Chain / Market Scale: Independent
Brand: Independent
Corridor: Exterior
No. of Keys: 5

Villas Hermosas is a gorgeous Boutique Resort located on one of the most beautiful beaches in the world. The location is one of the most sought after and fastest-growing areas in all of Costa Rica.

The resort sits on a commercial parcel that totals 10,121 square meters or 2.4 acres and offers approximately 60 meters (200 feet) of beachfront. In addition to this main commercial parcel, this sale includes a second residential parcel which is 1,047 square meters and is adjacent to the main commercial plot.
The beachfront commercial property has a tourist concession where Villas Hermosas operates as a fully licensed hotel. Currently, Villas Hermosas features 5 unique homes, a large pool, as well as a rancho and barbecue area all just steps away to the beautiful sandy beach that offers amazing year-round surf and magical sunsets every night.

The accommodations include one 4 bedroom, 3 bath beachfront villa, one 1 bedroom, one bath beachfront villa, and three 2 bedroom, 2 bath villas around the poolside with lush gardens. The main parcel has its own registered well for water which is full most of the year. The property is also connected to the public water system for extra water when needed during the drier season. All of the homes include full kitchens, air conditioning, and high-speed fiber internet as well as outdoor lounging areas with chairs and hammocks.

The second parcel is located on the backside of the commercial property that measures 1,047 square meters. This lot is zoned residential and has no improvements making it the perfect space to build an owner’s estate or
add more homes to further develop the property and increase the revenue. Together the two parcels are absolutely breathtaking, from lush gardens to the pool and rancho entertaining area, a large almond grove with an expansive sandy area stretching out to the beach, surf, and sun.

There is opportunity to to expand this property by developing up to 75% of the land. Lots of room to expand!

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Property Sub Type: Boutique
Chain / Market Scale: Independent
Additional Property Type: Resort
Brand: Independent
Corridor: Exterior
Keys: 5
Building Status: Existing
No. of buildings: 8
Construction Type: Reinforced Concrete
Year Build: 2007
Year Renovated: 2018
Room Inventory Description:

STUNNING BEACHFRONT RESORT FOR SALE IN COSTA RICA'S $2 BILLION TOURISM INDUSTRY!

Prime beachfront location
10,000 sq m 2.4 acres
Fully licensed Hotel
2 plots Commercial beachfront: 10,121 sq m Total of 2.4 acres Vacant residential lot: 1,047 sq m (1.25 acres)
5 fully equipped villas
Turn-key resort with opportunity to expand

Common area amenities:

Other

High Speed Internet

Outdoor Pool

Source of Business:

Other

Leisure

Additional Links:

Location


Country: Costa Rica
State: Santa Teresa, COSTA RICA
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

Brokers

James Clinton Bunn

President and Broker
LTD International, Inc.


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