2Costa Rica Real Estate
2Costa Rica Real Estate

Avenida Escazu, Building 102, Office 208

San José, San José, Costa Rica

Mountain-Side Oasis: Spectacular Ocean View Property With End...

Perez Zeledon, San José, Costa Rica
USD $825,000
1 - 20 of 32
Active
For Sale
Active
14 Beds
13 Baths
10000 sqft
Source ID 139707254

Description

Introducing an Exceptional Mountain-Side Property with Endless Investment Potential!

Nestled at a comfortable elevation of 2300 ft, in the vicinity of the charming community of Tinamastes and just a short 20-minute drive from Dominical, this sprawling 1-hectare ocean view property offers a multitude of investment opportunities. Easily accessible, this property is an ideal location for operating a multi-family and hotel venture, catering to both short-term and long-term stays. Its versatile potential also makes it well-suited for a language school or a serene family compound.

Encompassing a variety of well-designed units, the property begins with a duplex, featuring two fully renovated one-bedroom apartments. Each apartment is thoughtfully equipped with modern kitchens, cozy bedrooms, bathrooms, and convenient laundry facilities. Moreover, each apartment boasts captivating ocean view terraces, providing a tranquil space to take in the breathtaking surroundings.

Tucked away along a serene stream bordering the property, you'll find a charming two-bedroom home, also recently renovated and fitted with a full kitchen, laundry area, and a beautifully appointed full bath.

Prominently positioned in the heart of the property is the hotel building, boasting eight bedrooms and currently undergoing renovations. Three of these rooms, already completed, offer delightful ocean views and are ready for rental. Each hotel room ensures a comfortable stay with a mini fridge, a full bath, a terrace, and one or two beds, depending on the room.

A stunning brand new pool area awaits at the back of the property, complete with a covered rancho and a relaxing jacuzzi, adorned with exquisite coralina tile. To the front of the property are two newly renovated individual cabins, thoughtfully positioned to offer awe-inspiring views of the ocean and mountains. These cabins are equipped with full baths, private terraces, and convenient laundry facilities, ensuring a luxurious and peaceful stay for guests.

Additionally, an inviting covered open-air pavilion graces the property, featuring a bathroom and a kitchen area, all perfectly framed by picturesque views. This space presents numerous possibilities, whether it be transformed into a communal area with BBQ facilities or utilized for yoga retreats. Alternatively, with some modifications, it can become another fully functional rental unit.

Resident caretakers ensure the smooth operation of the property, taking care of maintenance, cleanliness, and offering excellent guest services as needed, adding an extra layer of convenience and professionalism.

The property is further enriched by a year-round stream that gracefully runs alongside the hotel, lending a soothing ambiance to the surroundings. Notably, an abundant private well supplies water to the property, and it is currently in the process of obtaining a legal concession—a priceless and valuable feature for the property's sustainable future. Ample space is available for future expansion and the construction of additional units, opening up even more possibilities for growth and profitability.

This newly renovated property is an outstanding multi-family haven with exceptional potential for generating income as a hotel. Currently, all the beautifully revamped units are successfully operating in both the long-term and short-term rental markets. For astute investors, this property presents an excellent opportunity to operate an income-generating venture in a flourishing community, surrounded by popular attractions like the Nauyaca Waterfall, Diamante Valley, Playa Dominical, and the local farmers market in Tinamastes.

Strategically positioned only 15 km from Dominical and 19 km from San Isidro, the property strikes the perfect balance between enjoying cooler temperatures and access to urban amenities while still being a reasonable drive away from the beach. Whether your vision is to run a thriving hotel, establish a Spanish language school, or simply create your private sanctuary, the limitless possibilities of this remarkable property await your imagination. Don't miss out on this prime investment opportunity!

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