COSTA RICA REAL ESTATE

Newly Renovated Boutique Beach Hotel

Asking Price: $1,400,000 USD  (Financing Available)

Location: This hotel for sale in Costa Rica is in the new "marina district" in downtown Quepos, on Costa Rica's central pacific Coast. A 3 hour drive or 25 minute flight from San Jose.

Website: www.lasirenahotel.com

Hotel Property Description:

This Costa Rica hotel is just two stories tall and made of block construction with three phase power. It is often described as a "Key West" style hotel with a private sense of being in a calm oasis despite being in the center of town.

The hotel was built in the early 90's and was completely renovated in 2005. It is also just 1/2 block from the new Marina Pez Vela that is under construction and scheduled to open in the fall of 2008.The hotel boasts 14 rooms with a beautiful pool, "Tiki Bar" and covered poolside dining area. In addition there is a complete employee break area with an air conditioned kitchen, break area, showers and restroom facility.


Room Amenities include:

All rooms are equipped with air conditioning, cable television, digital safes, and mini-fridges. We have continued to update the property by building a brand new pool and Tiki bar in 2006. In July of 2007 we expanded the area of the hotel under air by building a new separate lobby and retail area with recessed lighting and wood flooring.

Area Development:

One only needs to compare the immense impact that the Los Suenos marina had on the small town of Herradura to see what the enormous potential growth that is sure to come with the infrastructure already in place in Quepos. Already home to the second biggest sport fishing fleet in Costa Rica (second only now to Los Suenos), domestic airport, regional hospital, and variety of dining and shopping opportunities the increase in investment is sure to come even faster in Quepos.

The hotel will be located just outside the marina complex and in the center of all the action, just steps away from the hundreds of multi million dollar yachts that will call Quepos home. Potential use for the facility include a Sport fishing Inn, Tour Operator facility, hotel/condo concept or secured by long term leases for the crews of the mega yachts nearby.

The current zoning allows for two more floors of construction and may increase with the limits now permitted within the marina. All corporate documents are up to date. All information regarding expenses, income, advertising and vendors is readily available to serious parties. The hotel is current with all of its financial obligations including the I.C.T. and CANATUR

Homesites

Lots - Sizes & Prices

All lots are over 5,000 square meters (approx. 1¼ acres) and will have municipal water and electricity to the lot border. Some are on the ridgeline with views over both Santiago de Puriscal and the Central Valley. Others have a panoramic view of the Central Valley and the mountains beyond. Below the location map there is a table with the size and price of each lot. There are still a limited number of pre-development lots available at this time. Please contact the Orchid Point Estates office or your real estate broker for these investment level prices. Lot # Sq. Mts.* Acres Description 1 5,900 1.46 Near entrance gate 2 8,577 2.12 Ridge with duel views 3 7,920 1.96 Ridge with duel views 4 9,930 2.45 Ridge with duel views 5 6,610 1.63 Ridge with duel views 6 6,045 1.49 Ridge with duel views 7 5,895 1.46 Ridge with duel views 8 5,395 1.33 Ridge with duel views 9 6,780 1.68 Ridge with duel views 10 7,055 1.74 Ridge with duel views 11 5,466 1.35 Ridge with duel views 12 8,095 2.00 On the point 13 8,140 2.01   14 5,900 1.46   15 6,800 1.68   16 5,625 1.39   17 5,565 1.38   18 5,860 1.45   19 5,440 1.34   20 5,305 1.31   21 5,295 1.31   22 5,256 1.30 Borders reserve area 23 5,875 1.45 Borders reserve area 24 5,890 1.46 Borders reserve area 25 6,380 1.58 Borders reserve area 26 5,130 1.27 Near entrance gate 27 5,130 1.27 Across from reserve 28 5,700 1.41 On cul-de-sac 29 5,270 1.30   30 5,137 1.27 Across from reserve 31 5,507 1.36 On cul-de-sac 32 7,055 1.74 Borders reserve area 33 6,175 1.53   34 5,535 1.37   35 5,330 1.32   36 5,625 1.39