$899,000
Iconic Ocean View Estate in Ojochal with 2 Guest Houses
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Explore an investment opportunity in Ojochal. This 10-bedroom hotel is located off the highway, providing visibility and accessibility — ideal for a hospitality business or any entrepreneurial venture.
Three identical buildings, each has a studio suite with a full kitchen on the ground floor and another suite upstairs. 3 Ground-Level 1 BR Units featuring kitchens and private patio areas for guest relaxation. 1-Bedroom House: a two-story house with a kitchen on the first floor and a large bedroom on the second floor.
Every unit and building has been renovated, providing modern amenities and a welcoming atmosphere. Pool area with a new deck provides a space for guests to relax. Open area was once a popular restaurant and is ready to reopen as a dining venue or be transformed into a different business concept.
Growth Opportunities: A concrete pad with utilities is prepared for constructing an additional rental unit or structure. Highway frontage provides good location for further development, like a commercial complex or retail shops.
The 1.5-acre property has the necessary infrastructure for immediate operation and expansion. Rebuilding this property from the ground up would exceed the current asking price, making it a good value. This property is positioned for a strong return on investment (ROI) due to its location, facilities, and adaptable spaces.
Explore this market further:
Ojochal real estate · Dominical real estate · Uvita real estate · Southern Costa Rica real estate
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