For Sale $1,100,000 US
Newly Renovated Hotel Alta Vista Near Tinamastes
- $1,100,000 USUSD
- Property ID: 9602C
- Lot Size M2: 11314
- Lot Size Acres: 2.7
- Lot Size Hectares: 1.1
- 13.5 Bathrooms:
- 14 Bedrooms:
Located at 2300 ft in elevation on the mountain side near the community of Tinamastes, this nearly 3 acre ocean view hotel property offers a number of investment possibilities. With easy access, the hotel holds a prime location for operation as both short term and long term stays, as a language school or as a family compound.
Comprised of multiple units, the first being a duplex with 2 one bedroom apartments, each fully renovated and equipped with full kitchen, bedroom, bathroom and laundry, as well as ocean view terraces. The second, is a 2 bedroom home tucked away along the stream that borders the property which is also newly renovated with full kitchen, laundry and 1 full bath. The 8 bedroom hotel building sits in the middle of the property and has started renovations, with 3 ocean view rooms ready for rental. Each hotel room enjoys beautiful views over the ocean or neighboring jungle, a mini fridge, full bath, terrace and either 1 or 2 beds.
The brand new pool area holds a covered rancho and jacuzzi completed with coralina tile, nestled at the back of the property. There are 2 newly renovated individual cabins resting at the front of the property, with beautiful views toward the ocean and mountains, each with full bath, terrace and private laundry. Additionally there is a covered open air pavilion, with bathroom, kitchen area, and beautiful views, which could be turned into a common area with BBQ or for yoga, or enclosed in to create another full unit for rental. The caretakers live onsite, offering full maintenance and cleaning of the property, as well as guest services when required.
Running along side the hotel is a year round stream, with beautiful waterfall at the bottom for guest to enjoy. The property holds an abundant private well providing water to the property, which is currently in process of obtaining a legal concession and is a priceless feature to the property. There is plenty of area for further construction of additional units. At the bottom of the property is a restaurant space alongside the waterfall, which served as a popular restaurant in the past and now requires a full re-do if one wanted to utilize the space.
Hotel Alta Vista currently operates all renovated units on both the long term and short term rental market. This property offers a great opportunity for any investor looking to operate an income producing property in a growing community, near to many attractions such as Nauyaca Waterfall, Diamante Valley and Playa Dominical, as well as the local farmers market in Tinamastes. Located only 15 km to Dominical and 19 km to San Isidro, the property allows for the enjoyment of cooler temperatures and access to city amenities, while still being within a reasonable drive to the beach. Primed to operate fully as a hotel, a Spanish language school, or even as a private estate, the possibilities are endless with this great property!