Location: Jacó Beach, Central Pacific, Costa Rica
Details: 601m2 land / 640m2 structure / 14 rooms / large office / swimming pool / laundry room
Price: $798,000
The well known Blue Palm Hotel in the center of Jaco is a thriving business famous for its record high occupancy rate, value and comfort. This 14 room hotel lies just 400 meters from the Main Avenue and only 550 meters from the beach, on one of Jaco’s busiest roads.
The structure incorporates a large commercial space in the front, a separate hotel reception office, a total of 14 rooms composed of 8 standard rooms, 4 studio apartments and 2 deluxe rooms, laundry room, swimming pool and 12 parking spaces.
All rooms come fully-furnished and have an AC, TV, refrigerator, phone, private bathroom with hot water and safe box. All the studio units have a kitchenette as well.
Surrounded by fantastic surf spots, world class sports fishing, sandy beaches and fine dining, The Blue Palm offers a great opportunity to own a great piece of high income low maintenance property at a beautiful beach town and enjoy the tranquil lifestyle of Costa Rica at its best.
The hotel construction was completed in 2004, which is in perfect shape and was recently renovated. The Blue Palm was originally designed to support an owner’s penthouse on the third floor which can easily be built at a minimum expense or an expansion of more hotel rooms can be added as well.
The hotel was built by one of the area’s best builders using all cement and block construction.
Known as 'The best deal in town”, the potential of this asset is still far from realized.
Property Details
- Under market price for a quick sale, high income property, one of the most successful hotels in Jaco with above 70% occupancy.
- Steady business, busy throughout the year, hardly affected by low season, low personal, high income and low overhead.
- Great location, 14 room hotel, fully equipped rooms, new website, strong marketing, recently remodeled and renovated.
- One of the easiest businesses to manage fun and exciting, many regular and repeat clients, high property appreciation.
