This prime location features a restaurant, a 3-bedroom house, and 2 studio apartments. The restaurant is just a 1-minute drive from hot springs and near all La Fortuna amenities. Currently generating an average of $25,000 USD per month (with potential earnings of $35,000 USD in high season and $18,000 USD in low season), complete book-keeping and financial evidence are available. The restaurant operates as a highly profitable venture, bringing in almost $300,000 annually. You have the option to take over the business, retaining the exact menu and dedicated employees. The houses are currently rented long-term, but listing them on AirBnB could yield an additional $10,000 monthly, ensuring full bookings in this desirable location near Arenal Volcano.
Property Details:
This business opportunity combines a thriving Costa Rican restaurant with a complete living arrangement. The restaurant includes 12 tables, a bar, a cashier area, 2 bathrooms, and a spacious kitchen equipped with deep fryers, 5 freezers (including 2 frost-free), an industrial stove, industrial refrigerators, large sinks, ample storage, and all necessary kitchen appliances.
Adjacent to the restaurant, upstairs, you’ll find a charming studio apartment featuring a kitchenette, bathroom, and a balcony with breathtaking views of Arenal Volcano. There is also a large storage bodega next to the house.
On the ground floor, enjoy a cozy 3-bedroom, 1-bathroom house with a fully equipped kitchen and convenient laundry room. Next door, another sizable studio apartment awaits, complete with a spacious bathroom and well-appointed kitchenette.
All amenities in the property are equipped with air conditioning, ensuring comfort year-round.
Summary of Amenities:
Asking Price: 350 million colones, equivalent to $695,000 USD. Property has a mortgage of 180 million colones over 20 years which buyer can take over as financing ($4,000 per month). The house and restaurant are sold furnished, while the two studio apartments are unfurnished. Business operations can be taken over; employee costs are $800 USD per month per head.
This is an exceptional investment opportunity you won’t want to miss!