Premier hotel destination in El Castillo, Costa Rica, Amazing views of lake and volcano

Location:
This hotel is ideally situated 23.5 km southwest of La Fortuna, in the charming community of El Castillo, just 6 km from Arenal Volcano National Park. This prime location on a hill offers breathtaking views of Arenal Volcano and Lake Arenal, with glimpses of the Tenorio and Miravalles volcanoes on clear days. Guests enjoy easy access to the region’s top attractions and adventure activities.

Property Overview:
This established hotel features 27 well-appointed rooms, complemented by an array of amenities, including a bar, restaurant, swimming pool, laundry area, spacious terraces, reception area, administrative office, lounge, and storage rooms. The property also includes five small rooms for hotel staff and four houses, each with 2 bedrooms and 1 bathroom.

Lot Size and Construction:

• Total Land Area: 77,870 m² (almost 8 hectares)
• Total Construction: 2,050 m² (22,066 ft²), with four existing houses ranging from 65 m² to 204 m², currently occupied by the owner’s family.

Hotel Amenities:
Each guest room is equipped with:

• Comfortable beds
• Balconies offering stunning views of the volcano and lake
• Coffee makers and hair dryers
• Mini bars and safe boxes
• Satellite TV
• Wireless internet
• Air conditioning

Topography:
The terrain features slopes of approximately 30 degrees, with an elevation difference of about 50 meters from the main street to the highest point of the property.

Services Available:

• Electricity
• Satellite TV
• Reliable mobile phone signal (Kolbi)
• Fiber optic internet
• Potable water supply (rural aqueduct)
• Garbage collection
• Mechanical sewage system

Renovations and Construction:
Originally built 18 years ago, the property has seen various renovations, including a restaurant constructed in 2013 and a new block of rooms completed in 2017. The buildings feature durable concrete masonry, fine finishing walls, galvanized iron roofs, steel trusses, and solid wood ceilings. Additional details include high-end PV paneling, ceramic tile floors, solid wood doors, modern electromechanical installations, ceramic-tiled bathrooms, aluminum window frames, balconies with metal railings, and landscaped green areas.

The reception area boasts elegant concrete and solid wood finishes. The restaurant, built in 2013, features a masonry structure, rustic wood ceilings, and beautifully crafted furniture.

Swimming Pool Area:
The swimming pool area is designed for relaxation and recreation, including a main pool, children’s area, hot tubs, wet bar, snack area, and restrooms.

Investment Potential:
The property is priced at USD $7,500,416, calculated at USD $96.32 per square meter, including all furniture and amenities. The owner estimates an average monthly income of USD $80,000, with potential earnings reaching up to USD $100,000 in high season and around USD $50,000 in low season. The four 2-bedroom houses on the property offer additional income opportunities, with the potential for yearly earnings exceeding USD $1 million.

This is a unique opportunity to invest in a successful hotel in a prime location, surrounded by the natural beauty of Costa Rica.