Mountain side near the community of Tinamastes Tinamastes ( Puntarenas, CR - 60504) Built

$975,000
Business Opportunity in Costa Rica!

timfeyereisenrealty.com

Tim Feyereisen Tim Feyereisen +506 8975-3893 (Office) Request More Info

  • Multi-Family and Hotel Property with Ocean Views 20 minutes to Dominical!
  • Type: Residential
  • Style: Multiplex "private residence-villas-hotel"
  • Bedrooms: 14
  • Bathrooms: 13
  • Half Bathrooms: 1
  • Development Level: Built
  • Lot Size: 10000 sq. m.
  • Suite: Yes
  • Year Built: n/a "recently updated"
  • MLS #: ZB/ZW-MU309

Description

Located at 2300 ft in elevation on the mountain side near the community of Tinamastes, only 20 minutes from Dominical, this 1-hectare ocean view multi-family and hotel property offers a number of investment possibilities. With easy access, the hotel holds a prime location for operation as both short term and long-term stays, as a language school, as well as a family compound.

Comprised of multiple units, the first being a duplex with 2 one-bedroom apartments, each fully renovated and equipped with full kitchen, bedroom, bathroom and laundry, as well as ocean view terraces. The second, is a 2-bedroom home tucked away along the stream that borders the property which is also newly renovated with full kitchen, laundry and 1 full bath. The 8-bedroom hotel building sits in the middle of the property and has started renovations, with 3 ocean view rooms ready for rental. Each hotel room enjoys beautiful views over the ocean or neighboring jungle, a mini fridge, full bath, terrace and either 1 or 2 beds.

The brand-new pool area holds a covered rancho and jacuzzi completed with Coralina tile, nestled at the back of the property. Then there are 2 newly renovated individual cabins resting at the front of the property, with beautiful views toward the ocean and mountains, each with full bath, terrace and private laundry. Additionally, there is a covered open-air pavilion, with bathroom, kitchen area, and beautiful views, which could be turned into a common area with BBQ or for yoga or enclosed in to create another full unit for rental. The caretakers live onsite, offering full maintenance and cleaning of the property, as well as guest services when required.

Running alongside the hotel is a year-round stream which borders the property. The property holds an abundant private well providing water to the property, which is currently in process of obtaining a legal concession and is a priceless feature to the property. There is plenty of area for further construction of additional units.

This newly renovated property is the perfect multifamily property with a hotel for income generation! Currently all renovated units operate on both the long term and short-term rental market. This property offers a great opportunity for any investor looking to operate an income producing property in a growing community, near to many attractions such as Nauyaca Waterfall, Diamante Valley and Playa Dominical, as well as the local farmers market in Tinamastes. Located only 15 km to Dominical and 19 km to San Isidro, the property allows for the enjoyment of cooler temperatures and access to city amenities, while still being within a reasonable drive to the beach. Primed to operate fully as a hotel, a Spanish language school, or even as a private estate, the possibilities are endless with this great property!

Style: Multiplex
Bedrooms: 14
Bathrooms: 13
Half Bathrooms: 1
Development Level: Renovation
Lot Type: Irregular
Lot Size: 10000 sq. m.
Suite: Yes
MLS: ZB/ZW-MU309
Interior Features: Guest Quarters, Hot Tub / Spa, Kitchen Island, Laundry Room, Tile, Window Covers
Exterior Finish: Cement, Stone
Lot Features: Deck, Garden Area, Swimming Pool, Trees / Shrubs
Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
View: Forest, Mountain View, Ocean View, Valley

Attachments

P2#551576495
top
Information is deemed to be correct but not guaranteed.