Here is your chance to own a 2 year old bed and breakfast with pool and room to expand in the southern region town of Ojochal, Costa Rica. Ojochal is noted for it's large expat community, incredible ocean views and great restaurants.

The B&B is only two years old and is thriving but the Canadian owners have two small children who are not happy in their current situation and are having trouble making friends at their age. The "hotel portion" is now 5 suites, 3 with kitchenettes and 2 "family sized" rooms. The top three units have great balconies with ocean views and kitchenettes. All units have great tiles baths and are nicely furnished. Construction is of high quality and not "Tico Style". There is a nice swimming pool, laundry facilities, nice landscape and ample parking. There is also room to build another 5-7 rooms, which was the plan all along. The property is on 2.5 acres and presently also has a very nice 3 bedroom, 2 bath "owner" house with great kitchen and large living room. The house also has a private patio area with great ocean view. There is a "cabina" on the property as well where they house a Costa Rican couple who are the live in house keeper for the hotel as well as gardner/landscaper. The plan all along was to build the first "hotel building" and when occupancy justified expansion, build another with 5-7 more suites. The lot alone is stunning, with great ocean views and would potentially sell for $400-500k just for the 2.5 acre parcel. Presently the hotel enjoys nice occupancy and cash flow. There is ample parking and the property is in a great rapidly growing area and located just a short drive off the main highway. This B&B could be a gold mine within a few short years. With proper marketing and the addition of a few amenities, this could really kick out some cash.

The hotel has a great reputation and good following through word of mouth and they already have some tour operators using their hotel to run tours into Costa Rica. There is also an income stream from the hotel from booking rent a cars, tours and other activities. They also have an "honor system" bar and snack program. One of the largest developers in the area also sends requests through the hotel to book cars, tours, taxis, etc. The hotel and home presently have a small mortgage on the property which will be retired prior to closing. The owners will hold a note in the 150k range for up to 18 months as well but they are not looking for a complicated financing scheme from a buyer without adequate funds to purchase (they have been through that already). This hotel has great numbers, has been growing steadily and already makes nearly 100k net. They are in various guide books already and also have a good websites and traffic. They are ICT (Costa Rican tourist board) registered and the property is currently held via corporate form, making transfer of the corporation to the new owner easy and inexpensive. All furnishings for the hotel are included and furninshing from the home are negotiable. Call Steve Linder now at 305-295-0137 to learn more about this opportunity or send an email to Steve@PacificLots.com for additional photos, information and to visit their website. See also http://www.pacificlots.com/files/El_Buena_Vista_for_Sale_Ad.pdf