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8 Bedroom Luxury Villa for sale in Garabito, Provincia de Alajuela - photo 1
8 Bedroom Luxury Villa for sale in Garabito, Provincia de Alajuela - photo 2
8 Bedroom Luxury Villa for sale in Garabito, Provincia de Alajuela - photo 3
8 Bedroom Luxury Villa for sale in Garabito, Provincia de Alajuela - photo 4
8 Bedroom Luxury Villa for sale in Garabito, Provincia de Alajuela - photo 5
8 Bedroom Luxury Villa for sale in Garabito, Provincia de Alajuela - photo 6
8 Bedroom Luxury Villa for sale in Garabito, Provincia de Alajuela - photo 7
8 Bedroom Luxury Villa for sale in Garabito, Provincia de Alajuela - photo 8
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$830,000

8 Bedroom Luxury Villa for sale in Garabito, Provincia de Alajuela

Villa

Garabito, Provincia de Alajuela, Not specified, Garabito, costa rica

8 Beds
8 Bath

House Details

The sale of a hotel just 150 meters from the beach, with eight spacious and well-equipped rooms, a swimming pool, and located in a quiet, green area, sounds like an excellent investment opportunity. The fact that the hotel is generating good annual revenue is an additional attraction for potential buyers. Here are some reasons why this hotel could be an excellent option for investors: Prime location: Proximity to the beach is a major draw for tourists looking to enjoy a relaxing vacation and indulge in water activities. The location near the sea could also increase demand during the peak tourist season. Spacious and well-equipped rooms: Spacious and well-equipped rooms are attractive to guests seeking comfort and a high-quality accommodation experience. This could lead to guests being willing to pay higher rates, which would increase the hotel's revenue. Pool and quiet area: The presence of a pool and a quiet, green area can provide a relaxing and pleasant environment for guests. These additional features can be a differentiating factor that attracts more guests and improves the hotel's reviews and recommendations. Stable Revenue: The fact that the hotel is generating good annual revenue indicates that it already has a stable customer base and efficient management. This could be a positive sign for buyers interested in maintaining and improving business performance. Growth Potential: If the hotel is already generating good revenue, there may be opportunities to expand or further improve the property to further increase revenue and guest appeal. However, before making a purchase, it is essential to conduct thorough due diligence. This includes reviewing the hotel's financial statements, analyzing revenue and expense streams, reviewing legal documentation, and understanding the details of the hotel's operational performance. Additionally, it is advisable to consider external factors such as competition in the area, tourism trends, local regulations, and any other circumstances that may affect business performance. In short, a hotel with these characteristics and location could be an excellent investment opportunity, provided proper research is conducted and the risks and opportunities associated with purchasing the property are understood. LA PERLITA is built on two plots of land representing a total of 1,064.46 m2 (576.96 square meters + 487.50 square meters). The two-story main building consists of five apartments, a laundry room, a swimming pool, indoor and outdoor parking, and two furnished bungalows in the backyard. There are two full studios of 30 m2 that can accommodate three people each; one apartment of 50 m2 for three or four people; one apartment of 65 m2 for six people; and one apartment of 95 m2 for eight or ten people. The 2022 gross revenue is US$106,649, which was already more or less our pre-Covid figure. (2019: 105,341 / 2020: 66,513 / 2021: 89,352) This figure is achieved in 9.5 to 10 months as we visit family in September and October and close when the children visit during the year. Annual charges vary slightly depending on the remodeling work we do, but have never exceeded $US 15,000. Charges are for 12 months of the year. Please note that we occupy one of the bedrooms, which means the figure is based on only 6 of the 7 bedrooms. Each apartment has air conditioning. Electricity is completely independent from each apartment. Each 24m2 garden bungalow can sleep 2 people. All studios and apartments have a full kitchen, TV, and air conditioning. The bungalows are shower/bathroom rooms with only ceiling fans and a refrigerator in the room. The 2022 gross turnover is US$106,649, which was more or less our pre-Covid figure. (2019: 105,341 / 2020: 66,513 / 2021: 89,352) This figure is achieved in 9.5 to 10 months since we visit family in September and October and close when the children visit us during the year. Annual fees vary a bit depending on the remodeling work we do, but have never exceeded US$15,000. Fees are for 12 months of the year. We listen to your best offers (the owners may offer some financing directly with themselves and it is an excellent opportunity). Don't miss it. The sale of a hotel just 150 meters from the beach, featuring 8 spacious and well-equipped rooms, a swimming pool, and located in a tranquil area with lush vegetation, sounds like an excellent investment opportunity. The fact that the hotel is generating good annual income is an additional attraction for potential buyers. Here are some reasons why this hotel could be an excellent choice for investors: Prime Location: The proximity to the beach is a great attraction for tourists looking to enjoy a relaxing vacation and engage in water activities. The location near the sea could also increase demand during the high tourist season. Spacious and Well-Equipped Rooms: The spacious and well-equipped rooms are appealing to guests seeking comfort and a high-quality accommodation experience. This could lead to guests being willing to pay higher rates, thus increasing the hotel's income. Swimming Pool and Tranquil Area: The presence of a swimming pool and a tranquil area with lush vegetation can offer a relaxing and pleasant environment for guests. These additional features can be a differentiating factor that attracts more customers and improves the hotel's reviews and recommendations. Stable Income: The fact that the hotel is generating good annual income indicates that it already has a stable customer base and efficient management. This could be a positive sign for buyers interested in maintaining and improving the business's performance. Potential for Growth: If the hotel is already generating good income, there may be opportunities to expand or further improve the property to further increase income and appeal to guests. However, before making a purchase, it is crucial to conduct thorough due diligence. This includes reviewing the hotel's financial statements, analyzing income and expense flows, reviewing legal documentation, and understanding details about the hotel's operational performance. Additionally, it is advisable to consider external factors such as competition in the area, tourist trends, local regulations, and any other circumstances that may affect the business's performance. In summary, a hotel with these characteristics and location could be an excellent investment opportunity, provided proper research is conducted and the risks and opportunities associated with purchasing the property are understood. "La Perlita" is built on 2 plots totaling 1064.46 m2 (576.96 square meters + 487.50 square meters). The main building, spread over 2 levels, consists of 5 apartments, laundry facilities, a swimming pool, internal and external parking, and 2 furnished bungalows in the backyard. There are 2 complete studios of 30m2 each that can accommodate 3 people each. 1 apartment of 50 m2 for 3 or 4 people. 1 apartment of 65 m2 for 6 people. 1 apartment of 95 m2 for 8 or 10 people. The gross turnover for 2022 is USD 106,649, which was more or less our figure before Covid. (2019: USD 105,341 / 2020: USD 66,513 / 2021: USD 89,352). This figure is achieved in 9½ to 10 months since we visit family in September and October, and we close when the children visit us during the year. Annual charges vary slightly depending on the renovation work we do, but they have never exceeded USD 15,000. Charges are for the 12 months of the year. We would like to remind you that we occupy one of the rooms, which means that the figure is based on only 6 of the 7 rooms. Each apartment has air conditioning. Electricity is completely independent for each of the apartments. Each 24m2 bungalow in the garden can accommodate 2 people. All studios and apartments have a full kitchen, TV, and air conditioning. Bungalows are rooms with shower and bathroom and only ceiling fans and a refrigerator in the room. The gross turnover for 2022 is USD 106,649, which was more or less our figure before Covid. (2019: USD 105,341 / 2020: USD 66,513 / 2021: USD 89,352). This figure is achieved in 9½ to 10 months since we visit family in September and October, and we close when the children visit us during the year. Annual charges vary slightly depending on the renovation work we do, but they have never exceeded USD 15,000. Charges are for the 12 months of the year. We are open to your best offers (the owners could offer some financing directly with them, and it is an excellent opportunity). Don't miss out!

Property Details

Building Size

1652 sqft

Exterior Size

Not specified

House Number

Not specified

Apartment

Location And Address

Country

costa rica

State

Garabito

City

Not specified

Address

Garabito, Provincia de Alajuela

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Garabito, Provincia de Alajuela

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