Hospitality property for sale in Jacó, Garabito · 1,620 m²

Playa Jaco Beachfront Hotel

CODE: 18TG08

This is one of the high-rise hotels right on Jacó Beach. It is directly in front of the sand and waves. The hotel is in the center of the popular place to visit in Costa Rica. It is close to the places to eat, shop and have fun at night.

Property Overview:

The hotel is really big. It covers 3,000 m². It has a structure that is made with the latest technology.

The main building has four stories. It has rooms for guests. There are kinds of rooms like Standard, Superior Standard, Apartments, Suites and a place to check in.

There is another building that has offices.

Then there is a two-story building that has a restaurant, a room for events and a pool area.

The best part is that it is right in front of the ocean.

Accommodation:

The hotel has 47 rooms in total. This includes:

6 Suites

3 Apartments

16 Superior Rooms

20 Standard Rooms

2 Economy Rooms

Most of the time 56 percent of the rooms are occupied.. There is a chance to increase this by 50 percent.

The hotel can also be changed into a boutique hotel.

Tour Business:

The hotel works with than 50 travel agencies.

It has relationships with at least 10 agencies in the country and around the world.

The hotel is well known in the market for vacation lodging.

Restaurant:

The hotel has a restaurant called Vista Mar Restaurant. It is open to people who are staying at the hotel and others.

The restaurant serves food from Peru, which's very popular in the Jacó area.

Events Room:

There is a room that can be used for events. It is 250 m² and has two bathrooms, a bar, a balcony and big windows that look out at the beach.

This room is great for events, weddings and private parties.

Vacation Plan:

The hotel has a plan that lets people pay for their vacation over time. They can pay for one week per year for three years.

The hotel has already made sales of $500,000.

The brands Solradiante Desarrollos S.A. And Hotel Balcón del Mar can be part of the sale.

Expansion Project:

In October 2018 the hotel started a project. They are building a five-story elevator that is coming from Spain.

The new construction will include a foyer for the elevator on the floor a big terrace and four junior suites.

Note that this project is not part of the sale price.

The hotel has a lot of furniture, equipment and computer systems that're worth $100,000.

Financing:

The hotel has a loan of $2,430,000 from Banco Nacional de Costa Rica.

The rest of the money needs to be paid in cash.