Income Producing City View Apartment Complex in Escazu with Hotel, Restaurant & Liquor Licenses
- Construction: 1,400+ m2 (15,000 sq.ft.)
- Land: 7,600 m2 (Almost 2 acres)
- Bedrooms: 14
- Bathrooms: 14
- Parking: 15
Boutique Hotel for Sale with Epic Views and Room for Expansion
This charming apartment compound is nested atop Central Escazu and it features 14 rooms, 8 one bedroom units, 5 studio apartments, 1 Penthouse under construction. Soon a bistro style small restaurant will be added. All units boasting incredible views.
Present income comes from furnished mid and long term rentals but could be doubled if worked as vacation, daily and weekly apartment stays. Seller is looking to retire so he is open to do reasonable Owner Financing! Lots of room for expansion, only 1/3 of the property is built!
The property is one of a kind spectacular , ideal for vacation and executive rentals. Located in Escazu, the beautiful and most popular town in San Jose , it operates at around 90% full time. The property has the ability to build more apartment buildings which is priceless here. One of the most valuable attributes of this property is this expansion potential and the extraordinary views.
Literally second to none in Costa Rica, any view from this establishment is guaranteed to be speechless. The Hotel is filled with one of a kind artistic sense of construction that will leave you in awe in a resort like feeling environment. Great quality throughout, this property is a beautiful investment for anyone and is self generating. The rooms are as large as any apartment.
The gardening and bloomery are enchanting. Walkways, gardens, balconies, decor, all really nice ! A short 5-10 minute drive and you are in the middle of the action of San Rafael of Escazu with easy access to malls, hospital, stores, business parks, banks , restaurants and more . If you are seeking a way into self generating, profitable investment please come see this opportunity .