3D PRESENTATION VIDEO OF COMPLETED PROJECT

The video presentation below is a representation of what the completed project may look like once completed. Detailed landscaping and designer plans have been developed and are available to purchaser on request.

GREAT OPPORTUNITY FOR CASH FLOW INVESTMENT OR DEVELOPER SEEKING A PROJECT!

Commercial property with a million dollars invested with infrastructure and room for expansion/development. Earn money while expanding this unique one of a kind eco-concept consisting of 7 luxury individual 1 bedroom units and additional 7 completed foundation platforms. Existing units are turn key and fully furnished and equipped with a kitchenette, outdoor sitting area, ensuite bathroom, private balcony/terrace, in and outdoor ceiling fans and A/C, surrounded by jungle and mostly shaded by big trees only minutes from beaches and attractions. The property comes with a functioning website which draws a lot of interest and steady cash flow.

PROPERTY DETAILS:

• Location - Ojochal de Osa – Southern Pacific Region
• Property Size: 5,444 m2 or 1.35 acres
• Construction Size : 600 sq meter or 6,458 sq feet
• 7 Rental Units, each 37sq meter/398 sq feet
• 7 Foundation Platforms, each 37sq meter/398 sq feet
• Construction Year 2007 - Renovations 2017/18
• Public water and Electricity - Yes

HIGHLIGHTS:

• Commercial Registered Property with business potential and room for expansion.
• 7 Luxury fully furnished rental units with kitchenettes & private bathrooms.
• 7 Additional completed foundations with infrastructure ready for expansion.
• Public water supply with pressurized back-up water & filtration system.
• Income producing with existing website, booking system & excellent reviews.
• Minimal investment to complete with existing infrastructure 
• Ecological friendly design & construction with earthquake resistant foundations elevated 10 - 36ft
• 3km to Town/Restaurants/Highway and 4km from the beach at Playa Tortuga
• Public road frontage and quick access to beaches, restaurants and town.
• Established tropical gardens, over 150 trees and more than 15 fruit tree varieties.
• Foreign Investors option for Costa Rican Residency.

DESCRIPTION:

The core of this eco-friendly property focuses on lifestyle in sync with nature, featuring birdwatching and outdoor living in a tropical jungle surrounded by mountains, beaches, rivers and nature. 

Currently operated as individual vacation rentals it is popular with international travelers, singles and couples alike, it's also great for family reunions and tourism groups, maintaining excellent reviews on the most popular booking sites. The property's uniqueness and design allows for investors and developers to choose what type of business they wish to attract wether it be a full service luxury lodge, retreat, condotel, vacation rental or private residence, the options are endless. Minimal investment to complete the project into 14 income producing units. Name and website included, with an repeat client network and recent partnering with an established European travel agency.

Located in a popular expat village and tourist destination on a ridge above Ojochal town, at an elevation which provides gentle cool breezes with quick easy access to town, the coastal highway, miles of untouched beaches, fabulous restaurants, adventure and sightseeing tours. With it's unique design and features the property is bound to become a top destination for tourists visiting the area.

Views offered – Tropical gardens, jungle and mountain views with glimpse of the ocean. The property offers mature landscaping with a variety of tropical flowers and producing fruit.

Detailed designer plans for future development to include more units, swimming pool, restaurant, reception and landscaping have already been designed and is included with the sale.

In addition there is room and options for building a caretakers house and/or single family/owners home with own entrance and garden.

FEATURES:

Interiors:

• Ensuite Bathroom
• On-demand Hot Water
• Tiled throughout
• Equipped Kitchenettes
• WiFi Internet AccessLaundry Facility
• Bedding
• Sliding Doors & Windows
• Screened Doors & Windows
• Blinds
• Energy Star Appliances

Cooling:

• Split Unit A/C – All Units
• Indoor & Outdoor Ceiling Fans – All Units
• Energy Star Rating - All Units

Laundry Facility:

• Dryer
• Washer

Extra Features:

• Eco-Friendly Construction
• Private Balconies - All Units
• Furnished - All Units
• Outdoor Furniture - All Units
• LED Lighting - All Property

Water & Septic System:

• Dual Septic System
• Back-up Water Tank System
• Public Water

Views:

• Jungle Views
• Mountain Views
• Tropical Garden Views
• Valley
• Ocean Glimpse

Lot Features:

• Public Road Frontage
• Large Parking Lot
• Large Shaded Trees & Fruit Trees
• Maintained Tropical Gardens
• Elevation - 360ft (110m) above sea level
• Water Pond Feature

Additional Details:

• Storage Container/Dry Room on site
• Large Private Parking Lot
• Close to Beaches
• Close To Golf
• Close To Schools
• Close To Shops
• Public Road Access
• Fully Landscaped
• Income Producing
• Commercial
• Investment Opportunities

INVESTING/PURCHASING:

1. Purchasing

The project is being offered in as is condition excluding any business licenses which may be required for future development yet easily obtainable with the property's existing rights to Commercial Use obtained from the Municipality. 

The property includes 7 fully equipped turn key rental units, 7 empty lots "foundation platforms" to be completed with new units all connected with the existing above ground walkways, 20ft Container used as Storage/Dry Room with own electrical,  digital designer plans and drawings which includes landscaping and construction designs that cost thousands of dollars and months to develop.

Price will include the current website/booking system if the investor wishes to continue making use of cashflow generated from rentals with all current and future bookings already received plus possible partnership with european travel agency providing steady group reservations throughout the year. 

2. Project Completion:

Projected cost for completion of additional 7 units, swimming pool, optional restaurant, guest area and a small caretakers home have been calculated at $300k - $350k

The project can be completed in stages without loss of revenue if so needed. Current annual revenue potential $70k - $90k with 7 rental units which could essentially fund the completion of the additional 7 units. Constructing the restaurant could ensure an additional income by renting/leasing or running it as part of the current business that could be very profitable.

Based on current occupancy rates the total income revenue would triple after completion, while the completed project resale value would essentially be worth double of total sum invested.

3. Projected Income Revenue:

Once completed the 14 income generating units would provide a substantial return with an projected return upwards of 30% from your total investment in the first year - based on current occupancy rates.

As demand for accommodation in the region is growing annually with good marketing and advertising the business could essentially see increased revenue of 10% annually.