Unique investment opportunity in Costa Rica 14 HA of prime land plus a Hotel Building located at 5 minutes Route #27 and near the new airport planned in Orotina.
Unique investment opportunity in Costa Rica 14 Ha acre of prime land plus a Hotel Building located at 5 minutes Route #27 and near the new airport planned in Orotina.
Located on La Ceiba Cascajal, 10 kilometers (6.2 mi) west of Orotina, province of Alajuela, Costa Rica, and 50 miles away from the International Airport. Established in 1991 as Dundee Ranch Hotel Adventure Resort. The hotel has been abandoned for the last years. The 35 room hotel needs an additional approximate amount of $300K TO $500 k to bring it back as its original state.
But still for between $40.000 and $50.000 per room.
Amenities like a
This hotel was famous for its horses and I have been told there were 120 horses on the property and installations of the Hotel. Cruise ship customers were staying at the ranch and there were many travel agencies and wholesalers booking the Hotel.
This beautiful property is nestled amid lush gardens of tropical fruit trees, plants and flowers.
Observe the abundance of wildlife – from the white faced or howler monkeys that forest in the treetops, to the scarlet macaws and green parrots that fly freely.
Tax free zones are being planned in the area and this property could be a very commercial and potential investment. There is also more than 350 meters “street front” for commercial activity. A feature which could be interesting is that the electricity infrastructure goes underground.
As a mixed development this property can be subdividing into 18 small parcels (size; from 3000 m2 to 6000 m2) that can be easily to be sold at a price from $45,000 each lot up to $70,000, with the new international airport to be built in the Orotina area (only 3 kilometers) in the next 5 years, the value of these lots would increase in great value. The sale of said lots will not interfere at all in the hotel area, this way a future investor would be able to run a hotel and sale the said lots.
Don’t let go this unique opportunity and act now!