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Hotel in the Shade ~ Quaint and Elegant Hotel Walking Distance to the Beach!

Description

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Description

Hotel In The Shade is an immaculately established business so you make sure you can hit the ground running as soon as you arrive (or sooner). Apart from being loved by its customer (top 10 in Tamarindo, reviews based), it has unbeatable financial growth. Thanks to well-set management, you can start your income flow even before you physically move to Costa Rica. The hotel is well established, new, and does not need any investment. Costa Rica is a growing destination with new flights opening to Liberia airport every year and Tamarindo is a place to be. How do you make sure you are buying a business that stands out in a bustling town with a wide offer of accommodation, restaurants, and other activities? Buying a business with solid grounds will not let you down.

The hotel is well established with high reviews (top 10 in tamarindo), and with a solid consumer base (600 reviews on booking.com in the last 2 years). Automated dynamic pricing model (linked to Expedia, booking, Airbnb, and own website) to take advantage of nonelastic demand in peak season, and maximizing occupancy in low season. A strong financial background will not be necessary from the new owners, since the current owners made sure that pricing is set up so it maximizes profitability, and is easy to learn.

Rare location (almost no similar lots left on such a centric location and no hotel of this time in an equally attractive location), with the possibility of expansion: 12 more rooms can fit on the property. The hotel grew from 5 rooms to 16 rooms in 4 years time. The restaurant is, for now, open just for breakfast and it is a great source of income. If open the whole day, the value of just the business of a similar restaurant would be $ 200k (not including the property, but just the right to rent)

Has an established team and functions without the owners being present. The owners live in Europe and are just occasionally visiting the property. Long-distance hotel management processes are well established and would be transferred during the handover of the hotel.

  • High standards
  • New building
  • Current financials without the swimming pool (added recently). The swimming pool should deliver a 20% increase in topline and endless potentials for the restaurant and a cocktail bar.
  • Garden café is a growing source of business with an excellent menu created with the consultation of a chef from Europe that flew in just for consulting the menu. The work on a dinner menu has also been done, and the restaurant can be open the whole day as soon as the new owners decide.

Contact us for more information!

Features
  • Swimming Pool
  • Sold furnished
  • Near Beach
  • Near Golf Course
  • Community/city water
  • Air Conditioning
  • Cable or Satellite TV
  • Internet
  • Stone/concrete Countertops
  • Laundry Room/Area
  • Patio/Balcony
Video

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