Hotel in Cariari

$2,595,000

Cariari

13436 Property ID

1,902 m² Size

34 Bedrooms

34 Bathrooms

Description

Adventure Inn Hotel, Los Arcos, Ciudad Cariari, For Sale – $2,595,000 USD

* If you buy this Hotel in Cariari, it meets the requirement to apply In Costa Rica for the Residency for Investor (Inversionista) category. We can help you with your residency process; click here to read more about our sister company, Costa Rica Immigration Experts!

Property Features:

34 rooms
34 private bathrooms
60-person bar and restaurant
Remodeling of 87m2 solar-heated pool and large solar-heated Jacuzzi planned for September
Two big two-story solarium rooms with diffusion panels
Most rooms have two new queen-size beds (some with three).
Business station on the 2nd floor with 3 computers
New gym
Legal potable well with licenses
Higher-end rooms have bidets
All rooms are equipped with a flat-screen TV, Wi-Fi, and A/C
Remote-controlled ceiling fans and lights
Direct dial phones with VoIP for international calls
Coffee makers, hair dryers, a small writing table, an armoire closest and dresser, an in-room safe, and chairs
Three master suites with king-sized beds, in-bath Jacuzzi, microwave, small fridge, and balcony overlooking Los Arcos upscale neighborhood and Escazu mountains
All rooms with CubieTime alarm clocks with charging capabilities
Gas-fired electric backup generator

Property Location:

Halfway between the international SJO airport and central San Jose, in one of the exclusive gated communities. Investing in a hotel in Los Arcos, Ciudad Cariari, can be a lucrative and rewarding venture for several compelling reasons:

Prime Location: Los Arcos is strategically situated in Ciudad Cariari, known for its proximity to the Juan Santamaria International Airport and San Jose, the capital city of Costa Rica. This location ensures a steady stream of potential guests, including business travelers, tourists, and those in transit.
Tourism Growth: Costa Rica has been experiencing consistent growth in tourism over the years, owing to its stunning natural beauty, diverse ecosystems, and eco-tourism opportunities. Ciudad Cariari, being part of this tourism hub, attracts many visitors. A hotel here can tap into this growing market.
Business Travel: The proximity to the airport and the business districts of San Jose makes Ciudad Cariari an ideal choice for business travelers. A well-equipped hotel can cater to their needs, providing meeting facilities and convenience for corporate guests.
Cultural and Recreational Attractions: Ciudad Cariari offers cultural attractions, golf courses, and recreational opportunities. Investing in a hotel allows you to cater to leisure travelers and those seeking unique regional experiences.
Stability and Safety: Costa Rica is known for its political stability and safety, an essential factor for tourists and investors. A hotel investment in a secure environment offers peace of mind and attracts a broader range of guests.
Government Support: The Costa Rican government has been actively promoting tourism, offering incentives and support to businesses in the hospitality sector. This can include tax incentives, grants, and assistance in obtaining necessary permits and licenses.
Resilience in the Face of Economic Downturns: While no investment is entirely recession-proof, the hospitality industry often shows resilience during economic downturns. People continue to travel, and owning a hotel can provide a steady income even during challenging economic times.
Potential for Multiple Revenue Streams: A hotel in Ciudad Cariari can diversify revenue streams by offering dining facilities, event spaces, and recreational amenities, thereby increasing profitability and occupancy rates.
Property Appreciation: Over time, the value of your hotel property in a growing tourism destination like Ciudad Cariari is likely to appreciate. This can provide long-term financial benefits and potential capital gains upon resale.
Sustainable Tourism: Costa Rica is known for its commitment to sustainable tourism practices. By incorporating eco-friendly features into your hotel, you can appeal to environmentally-conscious travelers and benefit from the global trend towards responsible tourism.
Experienced Workforce: Ciudad Cariari benefits from a well-educated and skilled workforce, making finding qualified staff to run the hotel efficiently easier.
Diversification of Investment Portfolio: Diversifying your investment portfolio by including a hotel in Los Arcos, Ciudad Cariari, can reduce risk and enhance the overall stability of your investments.

Owner financing is available:

Owner financing can be a good option for buyers who don’t qualify for a traditional mortgage. Owner financing provides sellers with a faster way to close because buyers can skip the lengthy mortgage process.

Especially if you are not a Costa Rican permanent resident, you may face challenges obtaining a mortgage loan from a local bank. While banks spend time putting up barriers, GAP provides a fast, simple, and effective alternative, specializing in secured home equity loans. Grupo GAP may assist you in obtaining a private equity loan, which may be your best alternative. Click HERE for other methods of Home Financing.