THE MOST DESIRABLE COMERCIAL PROPERTY IN JACO.
Jaco is Costa Rica’s largest beachfront and most exciting beach front community, with more than 10,000 full time residents and retirees and growing all the time. Jaco contains all the municipal and national government services, making life so much easier as you get settled in your new move. There are many options, from modern grocery stores to emergency medical services, and a Jaco cinema and a national beach destination the first beach destination from San Jose.
The closed hotel “La Palmeira” is a great commercial opportunity and located on the Pastor Diaz next to the judicial building of the OIJ and to be considered prime real estate in Jaco. This small Hotel was designed for big groups and for short and long term stay tourism. This small hotel has been closed since December 2019 and must be renovated as such. I calculate minimum a $200.000 investment to furnish the rooms and front desk lobby, and swimming pool. Permits have to be re ordered.
The hotel was designed for:
Peter’s take on this property.
Great location on the Pastor Diaz south side with additional side street also. I would say a great opportunity as a small mixed business, between business with hotel with tourism and corporate market segment. Apartments could be added or retrofitted. Small restaurant could be added for breakfast and lunch business from the judicial branch and local business, dinner volume from the hotel guests and local business. Maybe a retrofit of a small conference area. Building can be retrofitted for digital nomads. Commercial business could be added for lease for stores, etc.