Overview

Great Investment Opportunity

Hotel Villas Rio Mar - Dominical Costa Rica (3).JPG
Price
$4,250,000
Listing ID
CS1700053
Property Type
Hotel/Resort/Hostel
Listing Type
Commercial Sale
Status
Active
Images
16
Beds/Baths
52/60
Location Type
Riverfront
View Type
Mountain View, River View
Total Lot Size
6.59 ha (16.28 acre)

Description

Hotel Villas Rio Mar – Dominical. Costa Rica Excellent 52 Room Hotel Operation located next to the town of ‘Dominical’, 30 miles (48 Kms) south of Quepos / Manuel Antonio on the cross point of the Coastal highway (the Costanera) and the intersection to San Isidro and San Jose, which is the gateway to the incredible “Ballena Coast”. The Hotel is gated and covers 6.7 ha (17 acres) of land and borders “Rio Baru” and is approximately 900 meters from the beaches of Dominical and the Pacific Ocean. The construction and finishings of this 52-room Hotel have been done with an exotic theme and an eye for comfort, natural ventilation, and harmony with nature. About 30 % of the land is used for construction, 40% for a mature exotic garden, and another 30% is available for future extensions. All buildings are interconnected by concrete sidewalks. 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 airconditioned 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.

Details

Roof Type
Metal
Number of Bedrooms
52
Number of Full Bathrooms
60
Number of Stories
1
Total Interior Area
3,668.76 m² (39,490.05 sq ft)
Total Lot Size
6.59 ha (16.28 acre)
Floor Type
Tile
Construction Status
Completed
Construction Type
Concrete, Wood, Stone
Year Built
2005
Appliances Included
Stove, Freezer, Oven, Washing Machine, Microwave, Refrigerator, Grill, Dryer, Garbage Disposal
Air Condition Type
Multiple Wall Units
Furnished Type
Fully
Pool
Yes
Jacuzzi
Yes
Parking Type
Detached Garage
Number of Parking Spaces
50
Telephone
Yes
Internet Types
Other
Internet Types Comment
Wi-Fi
Television Types
Standard Satellite TV
Location
Dominical, Bahía Ballena, Osa, Puntarenas, Costa Rica
Country
Costa Rica
State
Puntarenas
County
Osa
District
Bahía Ballena
City/Town
Dominical
Zip Code
60504
Location Type
Riverfront
Geographic Type
Rain Forest
View Type
Mountain View, River View
Precipitation
Moderate
Average Temperature
25 °C (77 °F)
Interior Features Included
Bar, Dry Bar, Water Heater, Laundry Room, Multiple Master Suites, High Ceilings, Ceiling Fans
Exterior Features Included
Garden, Fenced Yard
Street Access Type
Unpaved Road
Type of Water
Well Water
Type of Sewer
Septic
Type of Internet
Other
Type of Television
Satellite Television
Type of Electricity
Public
Telephone Available
Yes

Pictures

Map

Disclaimer

Information regarding this property has been provided by its owner and/or the owner's agent. Propertyshelf Ltda verifies basic listing data but will not be held responsible for the information contained herein. For more information on ownership risk, please see the legal description. When purchasing property, clients are advised to consult with their own attorney.