$779,000 Charming European Bungalow Hotel/Restaurant/Home with Space to Develop in Ojochal, Costa Rica
$100k+ PRICE DROP!
Smack in the middle of Ojochal, Costa Rica lies this fantastic piece of property which the European owner developed over the past eight years into a cozy bed-n-breakfast style family-run hotel. The Costa Rica hotel for sale in Ojochal de Osa, which was built in 2009 includes: four riverside bungalows, a very successful restaurant , an attractive three-bedroom, two bath owner/manager apartment above the restaurant, a large parking area, a detached garage, a swimming pool, a beauty salon (or study), a common open-air game room and other small structures relevant to hotel operations.
An easy five minute drive from the main Ojochal, Costa Rica highway, this property’s topography allows for relaxing rainforest, mountaintop and riverfront views. Hotel guests staying in the bungalows enjoy the sound of running water from the river, which lines the entirety of the property’s Northern edge.
This Costa Rica hotel for sale and the entire property has been developed in such a way that it could be split into two pieces and sold separately, or sold all in one package. One piece could include the restaurant, its parking lot, the detached garage, the salon/study and the sizable owner/manager apartment. The second could include the boutique hotel facilities including the pool, the four bungalows, the river frontage and a sizable area fronting the river that could be developed into something else. Developers, take note, this site would be IDEAL for a condominium development and it has an existing road to this portion of the property.
The owner is also selling a new three-bedroom, dos-bath home which sits on its own private parcel, but is adjacent to the hotel grounds. That listing can be viewed here.
Lots and lots and LOTS of opportunity for this listing! If you’re considering developing land in South Pacific Costa Rica or seeking a successful hotel and restaurant business for sale in Costa Rica, get in touch to schedule a showing!
Ojochal Hotel/Home Details:
Type of listing: Hotel, Owner’s Apartment, Salon/Studio, Restaurant & Land; Owner open to splitting the property into two parcels
Lot size (Acres): 3.77
Lot size (m2): 15,240
Total Interior Space (including 4 bungalows) (sf): 5,382 est.
Total Interior Space (including 4 bungalows) (m2): 500 est.
Owner’s Apartment Interior (sf): 1,055
Owner’s Apartment Interior (m2): 98
List Price (US dollars) for the entire parcel: $779,000
Property specifics which make this Costa Rica hotel for sale unique:
- Entire parcel includes restaurant/apartment structure, salon/studio, detached parking, four bungalows, open-air game room and laundry area
- Large pool
- Open-air, covered restaurant
- Hardwood furniture includes seating for 20-25 guests
- Owner’s/Manager’s apartment above the restaurant is ideal for privacy and onsite management of the business
- Mature landscaping
- Parking for 15 cars at the property’s entry
- The four bungalows:
- Are constructed facing the onsite river and the pool for a relaxing guest experience
- Each includes air conditioning and ceiling fans in each bungalow
- Ensuite bathroom with couples’ sinks and waterfall shower
All Appliances included in both the owner’s apartment and the restaurant kitchen; A/C units in the bungalows; Site wide telecommunications/security system; Backup electrical generation system of 5.5 kw/hour; 1000 liter reserve water tank; Site wide alarm system with cameras
Established Services at this property:
Water, Electricity, Telephone line, Cable TV, Internet, Road maintenance fees
River bordering entire N edge of property, Residencial property, Commercial property, Gated property, Income potential, Open concept, Detached single-car parking structure, Air conditioning in bedrooms, High ceilings, Ceiling fans, Hot water, Pool, BBQ area, Exterior lights, Fully landscaped, Matures trees on property, Near Beaches, Near shopping, In the famed Costa Ballena Pacific coast area of Costa Rica.