• Business for Sale
44

Spectacular hotel in El Castillo, between La Fortuna and Nuevo Arenal, Costa Rica

  • Business
House size:
2050 m²
Lot area:
77000 m²
Bedroom:
34
Bath:
31

Overview

Description

Hotel Linda Vista is located 23.5 km southwest of La Fortuna, Costa Rica. In the community of El Castillo and 6 km from Arenal Volcano National Park.

It is perfectly situated on a hill, allowing for impressive views of both the lake and Arenal Volcano. On clear days, you can even see the Tenorio and Miravalles volcanoes.
The location provides easy access to the main attractions and adventure activities in the area.

This hotel has 27 rooms in amenities all around the property.
It features a bar, restaurant, swimming pool, laundry area, large terraces, reception, administrative office, lounge, and storage rooms.

There are also 5 small rooms for hotel staff and 4 houses with 2 bed one bath each
The property has approximately 3 hectares of forested area with a trail for guests to enjoy.

Property Information
2,050 m2 of total construction (22,066 ft2)
The 4 existing houses are part of the 2,050 m2 of construction, ranging in size from 65 m2 to 204 m2, currently not rented out as owner’s family are living in them.

Lot Size: 77,870 m2 / Almost 8 hectares

Construction materials: Concrete

Rooms are all equipped with amenities and all of them include:
– Finished beds
– Balcony with Volcano views and lake view
– Coffee maker, hair dryer
– Mini Bar
– Safe box
– Satellite TV,
– Wireless internet
– A/C

Topography
The terrain is mostly with slopes of 30 degrees. There is a difference in elevation of approximately 50 meters between the main street and the highest part of the property.

Services
Electricity, satellite TV, good mobile phone signal (Kolbi), fiber optic internet, potable water supply system (rural aqueduct), garbage collection, and mechanical sewage system.

Property
The original property was built 18 years ago; however, some renovations and constructions have been carried out in recent years, such as the restaurant built in 2013 and a block of rooms built in 2017.

The residential development is built with concrete masonry, fine finishing walls, galvanized iron roof structure, steel trusses, solid wood ceilings, some with high-end PV paneling, ceramic tile floors, solid wood doors, A1 electromechanical installations, ceramic-tiled bathrooms, aluminum window frames, balconies with metal railings, concrete sidewalks, green areas, and mostly asphalted parking areas.

The reception area is made of concrete and solid wood with fine finishing.

The restaurant, built in 2013, has a masonry structure, galvanized iron roof, steel roof support structure, semi-rustic wood ceilings, ceramic tile floors, aluminum window frames, veneered balconies, metal railings, and wooden furniture.

The swimming pool area is tiled and includes a main pool with a children’s area, hot tubs, wet bar, snack area, and bathrooms.

Asking price: Rate of USD$96.32 per square meter, based on the property’s dimensions of 77,870 m2, total asking price is USD$ 7,500,416

Owner estimates an average monthly income of $80,000 USD (up to $100K in high season and around $50K in low season), this is not including the 4 houses that are 2 bedrooms each; and can generate additional income (owner’s family each live one house currently). Projected income per year is around $1 million USD.

Details
Bedroom:
34
Bath:
31
Lot area:
77000 m²
Type:
  • Business
Price:
$7,500,000
House size:
2050 m²
Furnished:
  • Yes
Amenities
  • Additional Storage
  • Air Conditioner
  • Gated Entry
  • Oven
  • Parking
  • Pool
  • Secluded from Neighbors
  • Volcano View
  • Washer

Location

Region
  • El Castillo
Map location

Property agent

Name:
Jing Jing
Position:
  • Agent
  • Business for Sale
$1,500,000
Jing Jing
  • Yes
  • Business
Beds:
10
Baths:
14
  • Home for Sale
$195,000
Jing Jing
  • Yes
  • House
Beds:
3
Baths:
1
110 m²
  • Business for Sale
$370,000
Jing Jing
  • Yes
  • Business
Beds:
1
Baths:
2
30 m²
  • Home for Sale
$255,000
Jing Jing
  • No
  • House
Beds:
4
Baths:
4
140 m²
$7,500,000

Contact Agent

Jing Profile
Jing Jing
  • Agent
+506 8777 1457

$7,500,000