Restaurant & Hostel - 2-Storey Income Property in El Tanque, 10 minutes from La Fortuna, Costa Rica

Restaurant and hostel for sale in prime location, El Tanque de San Carlos, 10 minutes drive from La Fortuna downtown situated on a main road. Restaurant was generating 3-4 million colones per month (up to $7,000-$8,000 USD) without renting out any of the rooms upstairs. Property has view of Arenal Volcano.

Property has total 8 bedrooms, 3 bathrooms, a restaurant with bar an 3 large terraces. Total 1,000m2 (10,764 ft2) of construction.

First Floor – 500 m2 (5,400 ft2)
– Large restaurant with ample space for sitting, large mural painted by local artisan
– 3 large terraces for lounging
– Bar outside with terrace
– 2 large kitchens with industrial frier, grill, sinks, oven, stove, 2 refrigerators, freezer.
– Large bathroom for restaurant customers
– Owner’s bedroom is currently connected to the restaurant – bedroom is about 100m2 large (1000ft2), connected to another bathroom and laundry room. This bedroom can easily be converted into a shop or whatever you like for business.

Second Floor: – 500 m2 (5,400 ft2)
– 7 hostel bedrooms (no AC)
– One bathroom with 2 toilets and 2 showers; shared facilities for hostel
– Massive wrap-around balcony
– Large construction (unfinished but structure is there to put whatever you like)

There is also an empty land next door for customer parking.

Asking price: 135 million colones or $249,000 USD, owner willing to finance half of asking price; all furniture and appliances included. (House was valued at $280,000 USD TWO years ago – it is sold at a high discount)

This property is priced to sell, offering you an amazing deal that is hard to resist. Take advantage of the affordable price and invest in the potential of creating a unique space that aligns with your business visions. With an additional investment, you gain the flexibility to customize and detail this property to your dreams.

This property is located in a prime location; lots of trucks, cars and tourists pass by and stop at the restaurant for a drink or meal. This area is very close to La Fortuna and will be very lucrative.