Beachfront hotel for sale in Playa Hermosa
ID # I114366

Santa Teresa , Nicoya

For Sale : $5,200,000

 

 17 

Rooms

 17 

Bathrooms

 5,685 

Lot Area

The Scoop

ID# 114366. Beachfront hotel for sale in Playa Hermosa, Puntarenas, 5.685 sqm land (1.4 acres), 17 bedrooms, 17 baths, US$5.200.000, excellent turn-key business opportunity. Pranamar is a gorgeous beachfront hotel and yoga retreat center, located on the white-sand beach of Playa Hermosa, Santa Teresa. The property has a magical feel to it, with 10 bungalows and villas set within dense tropical gardens and steps from the ocean. The hotel boasts good year-round occupancy rates and is a very popular destination with yoga retreat groups. They have a loyal client base, with guests that return every year. Located in a quiet cove on the southern most point of Hermosa beach, the location is spectacular. It is a short walk to the fantastic waves of Playa Hermosa or to the tide pools that become natural pools at the low tide. The hotel sleeps up to 38 people and has a total of 17 bedrooms, comprised of: 6 x 2-bedroom, 2-bathroom villas; 3 x 1-bedroom, 1-bathroom bungalows; 1 x 'Kula House' 2 bedroom, 2 bathroom house that sleeps up to 7 people. High season prices range from US$205 to US$595 depending on the villa and number of guests. In addition to the 10 villas/bungalows the property has a large lagoon-style, salt-water swimming pool; a large yoga shala with capacity for approximately 40 people; a turn-key restaurant, as well as beach bar/BBQ; treatment rooms built of bamboo on the beachfront; an office/reception and gift shop. The hotel is constructed out of Costa Rican hardwoods and bamboo. It has elegant finishes, including Javanese doors throughout. The hotel management runs the property with a particular focus on environmentally-friendly practices, which include the filtering and recycling of grey water for the irrigation of the gardens; only biodegradable soaps and products used throughout the hotel and restaurant; use of energy-saving light bulbs and appliances wherever possible. Located in the Maritime Zone, the property has a concession valid through to 2024. In 2024 an application must be made to extend the concession for a further 20 years. This is a great opportunity to purchase a fully-operating, turn-key business in one of the most spectacular locations in the Santa Teresa area.

Contact Property Host

Crissy Jones

Head Residential Broker & Owner I CEO

cris@wercr.net

+(506) 8356-3912

+(506) 8583-0994

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