Newly Renovated Hotel Alto Vista Tinamastes ( Puntarenas, CR - 60504) Built

$1,100,000

Latitude 9 Real Estate

Paul Lambert Paul Lambert 1-800-659-0949 (Office) (506) 8843-3636 (Cell) Request More Info

  • Type: Commercial
  • Style: Commercial
  • Bedrooms: 14
  • Bathrooms: 13
  • Half Bathrooms: 1
  • Development Level: Built
  • Lot Size: 11314 sq. m.
  • Suite: Yes

Description

Nestled high in the mountains near Tinamastes, the Hotel Alta Vista offers a world of investment opportunities on its nearly 3-acre ocean view property. With easy access, this hotel is perfect for both short-term and long-term stays, as well as a language school or family compound.

The hotel comprises of multiple units, including a duplex with two fully renovated 1-bedroom apartments complete with kitchen, bathroom, laundry, and ocean view terraces. There is also a newly renovated 2-bedroom home situated along the stream that borders the property. In the middle of the property is an 8-room hotel building that is currently undergoing renovations, with three ocean view rooms ready for rental. Each room features stunning views of the ocean or jungle, mini fridge, full bath, terrace, and one or two beds.

The brand-new pool area features a covered rancho and jacuzzi, surrounded by coralina tile. The property also has two newly renovated individual cabins with full baths, terraces, and private laundry, offering breathtaking views of the ocean and mountains. Additionally, there is a covered open-air pavilion with a bathroom, kitchen area, and gorgeous views that can be transformed into a common area with a BBQ or yoga space, or enclosed to create another full unit for rental. The on-site caretakers provide full maintenance and cleaning services as well as guest services when needed.

A year-round stream runs alongside the hotel, featuring a beautiful waterfall for guests to enjoy. The property has a private well that provides ample water and is in the process of obtaining a legal concession. There is plenty of room for additional construction of more units. At the bottom of the property is a former restaurant space that can be re-done for use.

Hotel Alta Vista operates all renovated units for both long-term and short-term rentals. This property is a great investment opportunity for anyone looking to operate an income-generating property in a growing community. The hotel is near many attractions such as Nauyaca Waterfall, Diamante Valley, Playa Dominical, and the Tinamastes farmers market. Only 15 km from Dominical and 19 km from San Isidro, the hotel allows guests to enjoy cooler temperatures while still being within reach of city amenities and the beach. The possibilities are endless with this property, whether you choose to run it as a hotel, Spanish language school, or private estate!
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Information is deemed to be correct but not guaranteed.