Costa Rica Hotel For Sale - Sunset on Playa Grande
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Costa Rica Hotel For Sale 300 Feet from Playa Grande Beach - THIS PROPERTY HAS BEEN SOLD
Edward Tyrrell
Beach Break Hotel is situated just 300 feet away from Playa Grande, the famous beach where the protected leather back turtles come every year to lay their eggs. THIS PROPERTY HAS BEEN SOLD Comparable hotels in this area are selling for three times the price so although this hotel needs work, this could be a very profitable 'fixer-upper.' Surfers, runners and beach walkers also enjoy the amazing three mile stretch of white sand located just north of Tamarindo - Playa Grande is arguably one of Costa Rica's most beautiful beaches. The Playa Grande beach area is in one of Costa Rica's national parks and is well protected.
Costa Rica Hotel For Sale - Just 300 feet from Playa Grande
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The Beach Break Hotel is on an 825 sq meter lot (8,472 sq foot lot) one of the few remaining commercial lots left in Playa Grande Estates and approximately 75 meters (less than 300 feet) from the white sand beach. This hotel could be expanded from 8 to 16 rooms or add a restaurant, store or whatever combination of commercial space would fit. For someone with a little vision, there is significant potential.
On the east side of Beach Break Hotel the PGI Hotel and restaurant is for sale for US$1.3 million so at only US$450,000 the Beach Break Hotel is priced to sell fast. The Beach Break Hotel does need a fair amount of work and vision to bring it up to standard. But then again, if this was in perfect condition, you would have to pay at least twice as much Once renovated, this hotel could become one of 'the' destinations in Playa Grande. Great Location - Protected Costa Rica Beach:
- There are newly paved roads in the area.
- There is a shortage of hotel rooms in the area and surrounding hotels are fully booked for Christmas and beyond.
- Located close to Tamarindo which has grown rapidly.
- Awesome surfing at the famous surf break in Playa Grande.
- Situated 300 feet from a world famous beach, unique for the thousands of leatherback turtles that visit.
This magnificent Costa Rica beach location is set to grow substantially in the near future and this hotel could profit from that growth.
Playa Grande - A simply beautiful Costa Rican beach
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Currently each of the eight rooms has air conditioning, bathroom with shower, ceiling fan, private entrance. There is a pool on the property however, the pool also needs repair. The hotel has two telephone lines, cable television and a front area where refreshments can be sold to the public. Additional income could be generated from offering, tourist tour sales, surfing classes to clients or even a restaurant should you decide to build one.
The Beach Break Hotel - It does need work but there is good potential. If it was perfect you would have to pay three times as much!
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Why Is The Owner Selling? Due to health reasons the current owner is no longer able to complete the hotel renovation project and is motivated to sell. For sophisticated real estate investors who know how to renovate properties, after upgrading the hotel, you could probably flip it and double your money. THIS PROPERTY HAS BEEN SOLD however, if you have a serious interest in a similar property in this area, please please help us to help you by using the form below:
Hotel For Sale - Renovations have come to a standstill due to the serious illness of the present owner.
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