Hospitality property for sale in Jacó, Garabito · 1,018 m²

Strategic Retail Property with 4 Storefronts on Jacó's Main Avenue

Jacó is Costa Rica's largest and most vibrant beachfront community, home to more than 10,000 full-time residents and retirees, with continued growth driven by tourism, investment, and lifestyle migration. As the commercial and administrative hub of the Central Pacific region, Jacó offers all municipal and national government services, modern supermarkets, healthcare facilities, banks, schools, restaurants, and entertainment options.

Residents and visitors enjoy an exceptional lifestyle with activities ranging from surfing, hiking the Miro trails, sport fishing, golfing, and nature excursions to dining, nightlife, and relaxing on the beach. Nearby attractions include Los Sueños Marina, Manuel Antonio National Park, Playa Hermosa, Esterillos, Bejuco, Punta Leona, and many other renowned destinations. The property also benefits from convenient access to San José and CIMA Hospital, both within a short drive.

Located just 100 meters from the beach in the heart of downtown Jacó, this unique investment property combines immediate cash flow with significant redevelopment potential.

Property Highlights
• 1,000 m² lot
• 30 meters of frontage on Pastor Díaz Avenue, Jacó's main commercial corridor
• Four established commercial storefronts facing the main road
• Successful income-producing retail spaces generating approximately US$75,000 net annually
• Tropical gardens and ample parking
• Swimming pool
• Excellent visibility and pedestrian traffic
• Opportunity to develop a second floor for additional retail, office, or commercial space
• Potential to add guest rooms, vacation rentals, or boutique hospitality accommodations
• Ideal mixed-use redevelopment opportunity

Hospitality Development Opportunity
It is important to note that the current Airbnb operation is not transferable to a new owner. However, the property's exceptional location and configuration provide a unique opportunity to establish a new hospitality concept. Based on the lot size and existing improvements, there is potential to develop approximately 13 guest rooms while maintaining the existing commercial storefronts.

The property could be repositioned as a boutique bed & breakfast, hostel, guesthouse, surf lodge, or boutique hotel, benefiting from its prime downtown location and proximity to the beach. This creates a compelling mixed-use investment opportunity, combining stable retail income with the revenue potential of a new hospitality business tailored to today's market demand.

Investment Potential
In my view, this is one of the best-located properties in Jacó. As a mixed-use commercial asset with four retail spaces, it already generates attractive income while offering substantial upside. Its prime downtown location and proximity to the beach make it an exceptional candidate for a new hospitality project.

The property could be repositioned as a boutique bed & breakfast, hostel, guesthouse, surf lodge, or boutique hotel, with the potential to develop approximately 13 guest rooms while preserving the existing retail income. This combination of established cash flow and hospitality upside is rarely available in downtown Jacó, especially just 100 meters from the beach.

Alternatively, a new multi-story mixed-use development could be constructed while retaining the commercial component, maximizing both revenue potential and long-term appreciation.

The true value of this property lies not only in its current cash flow but also in its prime location, generous lot size, extensive frontage, and redevelopment potential. Opportunities that combine existing income, future development options, and a premier downtown location are becoming increasingly rare in Jacó's real estate market.

Development Concept
Preliminary analysis suggests the site could support a mixed-use redevelopment featuring four ground-floor commercial units and approximately 13 hospitality rooms, subject to municipal approvals and final architectural design.

Asking Price
US$1,590,000

The owner is motivated and open to reasonable offers.