Hotel The Palm, Jaco with 16 rooms, great opportunity

  • $695,000/Fire Sale/ Option for financing

Hotel The Palm, Jaco with 16 rooms, great opportunity

  • $695,000/Fire Sale/ Option for financing

Overview

Property ID: ECO23PVH09
  • Commercial, Hotel
  • Property Type
  • 1100
  • M2

Description

Jaco, Costa Rica has been the focal point of the Central Pacific Coast for a couple of decades; So much so that it attracts surfers, beachgoers and those looking for a shopping, swimming and nightlife combination. Jaco is located in the province of Puntarenas, less than an hour from San José, making it the closest beach to the capital. It has an incredible variety of restaurants, hotels, lounges and clubs, and some of the biggest waves in the country.

SO MUCH TO DO IN JACO

Jaco is also close to other famous surfing beaches like: Playa Hermosa 6 miles north of Jaco, known for world class surfing. Hermosa hosts an annual surf convention. South of Jaco is Playa Herradura, home to Los Sueños and also Jaco Costa Rica’s fantastic surf breaks. Jaco offers much more than just great waves! You can also see crocodiles in the Tárcoles River, and visit the Carara Biological Reserve and National Park, an incredible nesting place for the beautiful scarlet macaw. You can also enjoy other activities such as horseback riding, hiking, river kayaking and canopy.

JACO HAS SOMETHING FOR EVERYONE

With its close proximity to San Jose, its fantastic waves, national parks, and an incredible variety of hotels, restaurants, and shops, Jaco has something for everyone. Whether you’re a part animal or a lover of natural beauty, Jaco won’t let you down.

The Blue Palm Hotel is a well-known, high-traffic, charming hotel in the heart of Jaco Beach, Costa Rica’s most popular beach resort town. There are 16 rooms overall, some of which include efficiency amenities, for a total of 36 beds.

  • Located among several high-end hotels and family-friendly inns, this hotel has a prime position on the major road leading to Jacó beach from the center of town.
  • When it comes to nearby hotels, the Blue Palm is among the most popular.
  • Good occupancy rate and ADR
  • Fiber optics
  • Expansion to 4 more rooms.
  • Families from the central valley, as well as professionals, Airbnb, OTA’s, in transit business.
  • The spacious, air-conditioned rooms are outfitted with plush furniture and convenient contemporary conveniences, making for a relaxing and enjoyable stay.
  • There’s plenty of parking and a pool for guests to use at this hotel.
  • The hotel is within walking distance of the beach and the commercial hub of Jaco, where you’ll find plenty of restaurants, bars, and stores.

My take on this Hotel is an interesting cashflow, turn key and with a small investment to increase the room rate can be profitable.

Price $695.000 as a fire sale property / option for financing

Address

  • City Garabito
  • State/county Puntarenas
  • Zip/Postal Code 61101
  • Area Jacó
  • Country Costa Rica

Details

Updated on February 21, 2023 at 11:39 am
  • Property ID: ECO23PVH09
  • Price: $695,000/Fire Sale/ Option for financing
  • Property Size: 1100 M2
  • Land Area: 601 M2
  • Rooms: 16
  • Property Type: Commercial, Hotel
  • Property Status: Fire Sale, For Sale

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