Hotel for sale in Ojochal

Small high end hotel (aparthotel) and home for sale in the booming Southern Pacific area of Costa Rica for $768k US.

Newly built, ocean view 5 room hotel with additional 3 bedroom 2 bath home on 2.5 acres with large pool and room for expansion for sale. Hotel is situated in a village known for gourmet restaurants and ecotourism including fishing, hiking, boating, paragliding, ziplines, scuba diving, etc… all within an easy drive. Several beautiful beaches for swimming and surfing are located nearby. Flocks of parrots visit the hotel grounds twice daily and monkeys are often be seen in the adjacent forest. All rooms have private baths with glass enclosed showers and patios or balconies. 3 rooms come complete with kitchenettes and rent for $80 per night and 2 rooms have two large beds and rent for $75 per night.

Taxes are approximately $750 per year and full insurance is 1% of the value of what you wish to insure. Costa Rica is below the hurricane belt.

Property is debt free, fully titled and currently in operation. Bookings have been steadily increasing over its two year history. Bank financing is available.

Costa Rica tourism has been increasing at a rapid rate. 2007 figures were up 10.15% to 1.9 million and are anticipated to reach 2.3 million by 2012. Hotel rooms are in short supply and hotel rates are rising as occupancy rates increase.

Costa Rica is currently in the process of building a 3rd international airport 20 minutes from the hotel which is easily accessible off the main highway. The airport is expected to open within the nest couple of years.