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Large Property With Restaurant And Hotel In Corredores For Sale

Corredores, Puntarenas, Costa Rica
Asking Price:
$1,115,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$427,000 (USD)
Cash Flow:
$300,000 (USD)

This sale includes a 5-room hotel with operating restaurant open for guests and locals, All rooms are furnished with private bath, AC, TV, Cable and their own private terrace. The restaurant is a mandatory stop for locals that pass by; it is very well known in the zone, the restaurant has been open for more than 10 years; it has a great clientele; and it has an excellent social media presence and score. The hotel has been operating since 2017 with stable sales and growth, It has great social media score and traffic. Water concession is also included in this sale (currently, we pay less than $5 per month)

This magnificent property is located in the mountains above Ciudad Neily, a very convenient town located between Golfito and the Paso Canoas (Panama border). Hospitals and banks are close, less than a 10-minute drive. Buses stop in front of the property. Due to its location, our clients enjoy cool weather with amazing views of Golfo Dulce, Puerto Armuelles, Zancudo Beach, and the town below. The hotel occupancy rate is near 70% at the moment.

This property has a huge potential for expansion; at the moment, only less than 4% of the property has been developed. The new owner can decide to build more rooms, a second or third restaurant, a small gated community in the near future or even a private home with a killer view of Golfo Dulce and amazing sunsets.

Property Information

Real Estate:

Real Property Included

Location:

Mountain Above Ciudad Neily

Premises Details:

10 hectare property with beatiful views from everywhere
Property has water concession

Size in square feet:
1,119,447

Business Operation

Expansion Potential:

Second or third restaurant can be build
Room for a gated community
Private residence
Lime extraction can also be explored

Reasons for selling:

Owner want to relocate to the Central Valley

Trading hours:

Monday-Sunday 11 am to 10 pm

Employees:
6
Years established:
10

Other Information

Support & training:

We can offer training for the new owner so he/she can do a smooth transition as the new person in charge

Inventory / Stock value:
$7,000 (USD) - included in the asking price
Related Documents:
Business closed / Asset sale:
Yes