Successful Income Producing Hostel in Tamarindo

Guanacaste, Costa Rica

$500,000 / AED1,836,211

Location: Guanacaste, Costa Rica Address: Playa Tamarindo, Guanacaste Number bedrooms: 7 Number bathrooms: 5 Plot size & built up area: 5597.2358 Sqft Property Availability Status :

This wonderful hostel was originally built as a single family home. Additional buildings were then constructed and it was converted to the very well known and successful hostal that it is today.

This hostel produces a solid income that at full price represents a 10 CAP investment! Because of the nature of having volunteers work on site in exchange for housing (this is very common these days in the hostel business), the running of the hostel is almost not demanding of owner's time, freeing him up to actually live a quality life here in paradise.

The property is secure. There is room for expansion that would accommodate another floor on one of the buildings creating an additional income producing room with another 6 to 8 beds or a luxury owner's quarters on site. This Tamarindo hostel would be a perfect business for a couple or single person looking to escape the 'first world' to realize their life's dream. It is also comforting to note that the income generation will sustain a very comfortable life style! 

General Description
Web Reference: #0a3aa9caf
Ref/MLS No: 9445
Country: Costa Rica
State: Guanacaste
Address: Playa Tamarindo, Guanacaste
Latitude: 10.29536
Longitude: -85.84229
Exclusive: No
Property Type: Commercial
Commercial Property Type: Hotel/Hotel Apartments
Furnished: Yes
Tenanted: Yes
No. of Bathrooms:
No. of Parking: 4
Built Up Area SqF: 5597.24
Built Up Area SqM:: 520.00
Lot/Plot Size SqF: 5597.24
Lot/Plot Size SqM: 520.00