Successful Income Producing Hostel ,Tamarindo

Tamarindo
7 Bed | 5 Bath | 3767 sq ft of construction | 0.13 acres of land
$500,000 REF: 5972723
Property Type
Hotel
Bedrooms
7
Bathrooms
5
Lot Size
0.13 acres
Construction Size
3767 sq ft
Price
$500,000
Reference
5972723
Open demo
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Slider Form
Property Type
Hotel
Bedrooms
7
Bathrooms
5
Lot Size
0.13 acres
Construction Size
3767 sq ft
Price
$500,000
Reference
5972723
Location: Tamarindo, Costa Rica
Successful Income Producing Hostel ,Tamarindo

Income Producing Hostel


Tamarindo. It is a dream destination in which to live, retire, or spend a few years abroad.


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 hostel 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 lifestyle! 

Ref
5972723
Price
$500,000
Status
Sold
Property Type
Hotel
Beds
7
Baths
5
Land Size
0.13 acres
Internal area
3767 sq ft
Features
Air Conditioning
Bbq Area
Beach Properties
Cable Satellite Tv
Close To Golf
Close To Schools
Close To Shops
Close To Transport
Fully Landscaped
Furnished Fully
Income Producing
Internet
Investment Opportunities
Jungle Views
Pool

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