Playa Jaco Beachfront Hotel ID 18TG08 Downtown (Jaco, Puntarenas, CR - 61101) Built

$6,500,000

CENTURY 21 JACO BEACH

CENTURY 21 Jaco Beach CENTURY 21 Jaco Beach 506-4020-1700 (Office) 518-693-7494 (Office) 506-4020-1700 (Cell) Request More Info

  • Owner Financing!!!
  • Type: Commercial
  • Style: Commercial "Hotel 4 floor high"
  • Bedrooms: 47
  • Size: 3,000 sq. m.
  • Development Level: Built
  • Lot Size: 1619.87 sq. m.
  • MLS #: 18TG08

Description

One of the few high rise classic popular hotels directly beachfront overlooking the
beautiful sand and the waves.  The hotel is right in the center of Jaco Beach, the most
popular seaside resort in Costa Rica steps from the best restaurants, shops and
nightlife activities.
 
The 3,000m2 (32291.73 sq. ft.) high-tech, reinforced construction includes a 4-story
building where the rooms are located (Standard, superior standard, apartments, suites
and reception), a continuous building where administrative offices are located and a 2-
story building where they are located. the restaurant and the events room and
swimming pool area. The building is located facing the sea.
 
Lodging: The total of rooms are 47 rooms broken down as follows: 6 suites, 3
apartments, 16 superior rooms, 20 standard rooms and 2 economy rooms. Average
occupancy is 56%.  Its installed capacity should increase its occupation by an additional
50%. Its structure can adapt to turn it into a boutique hotel.
Tour Business: Currently the hotel maintains a business relationship with at least 50
travel agencies and a strong loyalty of ten years or more with at least ten national and
international agencies.  The hotel has a long well-known reputation in the vacation
lodging international market.
  
Restaurant: The Vista Mar Restaurant serves the Hotel and clients outside the Hotel;
the Peruvian restaurant is a well-respected restaurant in the Jacó area.
 
Events Room: The hotel also has a banquet room of approximately 250 square meters
with 2 double bathrooms, bar, balcony, air-conditioning and floor to ceiling windows
overlooking the beach where commercial and professional events are held as well as
weddings and private parties.
 
Vacation Plan: The hotel has a vacation plan is sales on credit through a contract to our
guests, it consists of one week per year for three years, financed. This plan can be
negotiated which has $500,000 in accounts receivable. In other words, sales already
made and that have a high cost of sales and an administrative cost. The two
commercial brands: Solradiante Desarrollos S.A. and Hotel Balcón del Mar can be
negotiated for the interested buyer.
 
A project was begun in October 2018 to expand and improve the hotel.  This consists of
the purchase and placement of a 5-story hydraulic lift (elevator). It is currently in transit
from Spain to Caldera.  New construction includes a foyer for the elevator on the fifth
floor plus a terrace of 200 square meters on the fifth floor above the suites. Also under
construction are 4 junior suites on the fifth floor.  This new project is not included in the
sale price. An inventory of furniture, equipment and computer operating systems with a
value of $ 100,000.
The hotel has financing for $2,430,000, of the total cost with the transfer of a trust in
favor of the state bank Banco Nacional de Costa Rica.  The difference is requested from
cash.

If you want more information about this property or any other in Costa Rica, contact the Real Estate Professionals at Century 21 Jaco Beach Office.

Attachments

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Information is deemed to be correct but not guaranteed.