Description
This popular eco-hotel, originally constructed 25 years ago in a semi-Polynesian style, using local materials such as teak and bamboo, is very well maintained, and includes the established business, with significant and growing future bookings. Expansion and upgrades have been extensive and ongoing throughout the years.
Designed for the Eco conscious tourist from North America and Europe but a popular place for internal tourism as well. All together, construction under roof totals a roughly 4.000 square meter (43.000 square feet), and non-roofed construction (both pools, a green house and a tennis court) is another 1.000 m2 (10.700 sqft). All buildings are interconnected by concrete sidewalks.
About half of the land is used for construction and a mature exotic garden, 10% is available for future extensions, and another 25% is forest with a hiking path meandering along two small streams. Because of its setting and architecture, the property feels and sounds like a real jungle resort, yet is within walking distance to the village.
There are fifteen 4-room bungalows, spread over the garden plus one separate suite. including private terrace, a simple kitchenette, hot water, airco, internet, and TV.
Additionally, the following is included:
- Two condo apartments in front of the hotel (used by management and staff).
- Sporting facilities like a tennis court (hard court), mini golf, and outdoor gym.
- A recently restyled and renovated 220 m2 pool with extensive and furnished terraces around.
- A recently built (15 x 4.5) 70 m2 lap pool for exercising .
- An open reception area with offices and 7 bathrooms.
- Laundry, a maintenance bodega, and a lodging for the staff (16 huts).
- A 150-seat restaurant/bar (350m2) with spacious professional kitchen. Internally connected to the pool bar.
- An 80-seat conference room (120 m2), connected to the restaurant.
- High speed internet & cable television (fibre optic) and a professional camera security system all over the property.
Sustainability Features
- One of the first eco-hotels in Costa Rica.
- Highest ‘elite” certification rating by CST.
- Fully certified A 96 solar panel system connected to the grid, producing a 25% of electricity need.
- Solar hot water systems on the bodegas.
- Biodegradable products utilized.
- Extensive recycling, even fryer grease.
- Garden to grow some of own organic food.
- Support for reforestation programs in Marino Ballena National Park
Location
Located in the area of the rapidly developing South Pacific coastline ‘’Costa Ballena’’ (= whale coast). In the district Ballena, part of the municipality of Osa, on the banks of the river Baru, just 800 meters from the nearby suring town with restaurants, shops and tours. A top tourist destination, close to five National Parks and various biological reserves. The property is 2.5 hours drive from the international airport in San Jose.
Opportunity
Purchase of complete titled property fully furnished and equiped, plus turn key profitable operation with existing reservation book. Mid to high occupancy and growing daily!
DETAILS
Asking Price 2021: $4.2 Million USD
Asking Price 2022: $4.5 Million USD
Terms: Cash (no owner financing)
Property Size: 17 acres (6.7 hectares)
Rooms: 61 guest, 16 staff
Pools: Two- lounge pool plus lap pool.
Restaurant Capacity: 150
Conference Room Capacity: 80
Operating Business: yes
Highlights:
- Top rated eco-hotel
- Over $400k in improvements in past few years.
- Excellent Trip Advisor rating -4.5/5
- 800m to surfing beach
- Profitable even during covid lockdowns.
- 25% Profit Margin estimated 2022.
- Growing occupancy (expected to reach post Covid levels this high season).
- Highest occupancy in history July 2021 with growing reservations.
- 25% more expansion to 80 or more rooms. is possible.
- Faciliaties sufficient for conversation to an all inclusive.
- Price of less than $69,000 per room is highly competitive.
- Only sizable hotel property in Costa Rica South Pacific region.
