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August 14, 2024

Cozy Hotel for Sale in Montelimar

🏨 30 Bedrooms | 30 Bathrooms

πŸ”— Listed on: coldwellbankercostarica

πŸ“1099mΒ² | 591$/mΒ²
πŸ’Έ 650.000 $

✨ Highlights

  • Built in 1980
  • Located in a strategic area near the Catholic Clinic

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πŸ“Š Performance

‍The hotel didn't provide the performance data (ADR, Occupancy Rate, etc.)

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✍️ Description from the real estate agent

This charming property is strategically located near the Catholic Clinic, Goicoechea Court, the free trade zone, and various business centers. Its prime location ensures the hostel remains fully occupied and attracts long-term tenants due to its convenient access to workplaces.

The rooms are rented fully furnished, featuring a bed, refrigerator, and, in some cases, a TV and additional furniture, depending on the room.

Each room offers unique features: some include gardens, others have fireplaces, some offer independent spaces, while others are open-plan, providing a cozy environment for every tenant.

Room cleaning is included in the rent, along with utilities such as water, electricity, internet, and cable. A separate fee applies for laundry services.

The two-story property has been remodeled into 16 rooms, distributed as follows:

  • 4 large mini-apartments with a kitchen area and private bathroom.
  • 3 medium-sized rooms with a kitchen area and private bathroom.
  • 7 smaller rooms, each with a private bathroom.
  • 2 small rooms with shared bathrooms.

The property includes a drinking water collection tank, a water distribution pump, internet-monitored security cameras, parking for two vehicles, and a telephone system.

The property holds a license for room rentals and Ministry of Health operations.

Both properties are being sold as turnkey businesses, including all kitchenware and furniture (beds, televisions, mini-fridges, nightstands, lamps, kitchen appliances, curtains, etc.).

The business has been operational for over 15 years, and both properties are sold with the owning companies. This means shares will be transferred, eliminating the need for transfer taxes.

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