Property: Healthy Turn-key Business with ROI to 17.5 % in Costa Rica's Central Valley, La Garita - Central Valley, Costa Rica
Property
No.: 2635
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SOLD  | |
| Property No.: | 2635 |
| Location: | Costa Rica, Central Valley, Alajuela, La Garita |
| Price: | US $ 1195000 (US $ 1499000) |
| Size: | 3823 |
| Construction size: | 972 |
| Shopping: | 4 |
| Street: | 0.1 |
| School: | 5 |
| Construction year: | 1996 |
| Rooms: | 21 |
| Bedrooms: | 19 |
| Bathrooms: | 19 |
| Parking lots: | 8 |
| View: | beautifull moutain view |
| Extras: | |
Real Estate Costa Rica:
Central Valley | North Pacific | South Pacific | Central Pacific | Caribbean | Central North
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Description:
This hotel property is a proven income producer and is a fully turn-key hotel business. All you have to do is take over! This business offers great flexibility as it is designed to be run with or without direct owner involvement. This gorgeous 19-room Alajuela airport hotel is positioned on a large titled property in the upscale neighborhood of La Garita, 15 minutes from the International Airport. It is perfectly situated in the ideal climate of the Central Valley of Costa Rica, and its proximity to major roads and tourist attractions make this hotel a very popular one. It is in a quiet, safe neighbourhood, with easy access to banks, restaurants and other services.
The Business
Healthy hotel business in Alajuela! In the past five years the business earnings have tripled and the occupancy of the hotel has doubled. You can enjoy a high return on investment with minimal effort. Five new deluxe cabins have just been built with beautiful teak finishing and furniture. There is still significant space to increase the occupancy rate of the hotel, and a major plus for this property is physical room for expansion projects, of which all municipal, architectural and construction permits have been received. There is a fully functioning restaurant open for dinner for guests. This is an excellent real estate investment opportunity.
The hotel has undergone numerous upgrades and improvements both above and below ground. The hotel has new infrastructure upgrades (electrical, septic, room upgrades - to name just a few), stunning tropical landscaping, detailed marketing campaigns, website, and the business is highly organized and efficient. The hotel has many repeat and referral guests each year.
All financial documents are maintained in excellent order and this turn-key business comes complete with two registered Costa Rican Corporations.
Many other possibilities exist for the hotel depending on the personal interests and objectives of the buyer. These include Medical/Dental Tourism, Private Retreat, Yoga or Health Centre, Religious, Student, or other Special Interest Group base, Language School, Volunteer Groups etc. The location is ideal; close to the commercial and business infrastructure of the Central Valley, close proximity to the main highways leading north, west and south, and easy access to so many spectacular tourist attractions. This truly makes Hotel La Rosa a multi-use facility!
This Costa Rica hotel for sale is an extremely successful investment and has proven itself during difficult economic times. Many growth options exist for the new owner. The business can be run remotely, using the online file and reservation system created specifically for the hotel. The owners are happy to stay on to help the new owners learn the business. Come and see this beautiful property. You will not find a better-run, more successful hotel in the Central Valley of Costa Rica!
PROPERTY SUMMARY
Building Square Footage: 1092 sqr mtrs (11,732 sq ft) including covered porch areas
Bedrooms: 19
Full Baths: 19 + 2 half baths
Lot Size or Farm Acreage: 1 acre (approximately 3,900 square metres)
Internet Connection: ADSL – 2 Meg plus complete WIFI coverage throughout hotel
Water: Two AYA City Water meters and one on site well.
Electrical: Three ICE meters (2x100 Amp and 1x 200 Amp services)
Neighborhood: Barrio San Jose de Alajuela/La Garita
Property City: Alajuela
Geographic Area: Central Valley –GMA
This Hotel has:
1. 19 rooms divided into 17 rooms of various sizes and two large family suites (all with private entrances) grouped into duplex style bungalows.
2. Fully modernized Superior Rooms with a/c and extensively updated Standard Rooms.
3. Spa
4. Restaurant (24 seating capacity)with further patio seating outside for 8 to 12 more
5. Handicapped Room that meets the required ICT standard.
6. Large Private swimming pool with sun deck and covered rest area.
7. Dining room and a comfortable reception area/lounge .
8. High speed Internet, computer/work centre.
9. WIFI in all rooms.
10. 75% of property devoted to beautifully tended Italian designed tropical gardens.
11. 200 metres of pathways, patios, etc. . .
12. Fully equipped Kitchen laundry area and more!
Hotel Location:
1. It is centrally located to all of the most popular Central Valley tourist locations.
2. Close to the Juan Santamaria (San Jose) International Airport (7km due west).
3. View from the pool and Reception area of both Volcan Poas AND Volcan Barva.
4. Selection of popular restaurants nearby.
5. Excellent access to major highways leading to all parts of Costa Rica
6. Four Major grocery stores within 7 min drive. Corner store 3 min walk.
7. Private, secure parking with electric entry gate.
The property is located in a very peaceful and quiet suburb and is surrounded on two sides by empty lots, in the rear by a very beautiful Finca with the only purpose of raising show horses, and on the final side by a small, gated upscale community.
Full hotel kitchen/dining room which includes:
Professional kitchen with stainless steel counter tops 100% certified with local Ministry of Health
Two Restaurant refrigerators and a separate one for Employees
Gas Stove, gas cook burners, and gas oven
Full inventory of dinnerware and silverware included
Separate inventory of high quality dinnerware for Restaurant included as well!
Built-in propane gas system
Dining room to accommodate 24 guests
Wireless Stereo system controlled from Reception computer
Reception:
Guest computer with high speed internet and flat screen monitor
Comfortable Guest seating area with quality wicker furniture
A small sale area for local handmade products, coffee bags, wine etc…
High Speed Internet ADSL connection with ICE
FAX
Two telephone lines/three wireless telephones
Top ranked highly effective website and registered domain name
Registered hotel logo
WIFI, LAN
N wireless router and 2 x G wireless access points reaching entire property
High quality motion sensing security system
LAN/WAN remote access capable video camera system
Reservation system made specifically for hotel
Laptop computer for Reservation System and UPS power backup for all computers
POS Visa/MC for both Scotiabank and Banco Nacional.
Library books, and numerous guide books and maps
Laundry:
Heavy Duty one year old 17 kg Whirlpool clothes washer
Back up brand new spare/emergency clothes washer
Gas (propane) clothes dryer
Area for solar dryer of sheets/towels etc out of sight for guests.
Eating area for employees (table, fridge, microwave)
Contact: