Hotel Papagayo. Excellent Business Opportunity
- Hotel property, commercial, restaurant, near beaches
- Type: Commercial
- Style: 2 Story
- Development Level: Built
- Lot Type: Rectangular
- Lot Size: 7100 sq. m.
Located in the center of Ojochal and only minutes to some of the area’s most popular beaches including Playas Tortuga, Ventanas, Ballena and the famous Whales Tail is this rare opportunity for a large hotel, restaurant and/or retreat center. This property was one of the original hotels in Ojochal and is ideally located. The current owner has done many upgrades to start a speciality school. Unfortunately the school will not continue and the property is ready for further rejuvenation and provides an exceptional opportunity to the investor looking for a hotel or retreat location.
The property consist of a total of 15 rooms each with a private bath, pool, bar, huge covered patio, kitchen, reception area, organic green house, numerous fruit trees and Tilapia pond. The current owner has complied with all local zoning requirements to operate as a commercial enterprise, including adding an additional handicap access bath and proper safety fences and railing for children.
The property could easily feature 9 deluxe rooms and 5 economy hotel rooms to provide a broad range of income generating potential. And the there is an owners suite. It has not been operated as a hotel for many years, but a little love would invigorate this special place. Located only 3 minutes from the highway and within walking distance to several of the area’s finest restaurants and Playa Tortuga you will not find many other opportunities with the potential of this former hotel. Ojochal is renowned for its multi-cultural diversity, culinary delights and location for enjoying Costa Ricas finest beaches and outdoor recreational activities.
Information is deemed to be correct but not guaranteed.