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  • Avellanas Cashflow B&B
  • Avellanas Cashflow B&B
  • Avellanas Cashflow B&B
  • Avellanas Cashflow B&B
  • Avellanas Cashflow B&B
  • Avellanas Cashflow B&B
  • Avellanas Cashflow B&B
  • Avellanas Cashflow B&B
  • Avellanas Cashflow B&B

Avellanas Cashflow B&B

$675,000.00Price

We performed an indept analysis of this property with a $200K remodel (to create a more modern feel) with a detailed analysis of a mid term (30 day rolling contracts) and long term (1 year contracts) play.  The long term model produced 9.36% returns and the mid term 18.95%.

 

Playa Avellanas has experienced a remarkable surge in tourism in recent years, with an increasing number of people flocking to this charming town. To cater to the growing demand, efforts have been made to pave roads both along the route and within the town, facilitating easier access to this enchanting destination. One of the main attractions of Avellanas is its awe-inspiring sunsets, complemented by the delightful beachfront restaurant, Lolas, renowned for its delectable cuisine and stunning vistas. With approximately one kilometer of pristine white sandy beaches, Avellanas offers a picturesque coastal experience.

 

Given the projected expansion of Avellanas in the upcoming years, it would be wise to invest in a hotel that can accommodate the influx of new visitors. Hotel Mediterraneo, situated just a short distance from the beach, boasts an advantageous location and a range of amenities. Already constructed and prepared to accommodate the current and future waves of tourists, this hotel holds promise.

 

Apart from its ideal proximity to the beach, Hotel Mediterraneo boasts ample space for guests, as well as impressive features such as high-speed fiber optic wifi, a water treatment plant, and solar panels for water heating. The main building of the hotel consists of six bedrooms/studios, with three located on the first floor and three on the second floor, all offering a view of the inviting swimming pool. Adjacent to the main building, there is a separate structure housing two apartments.

 

The first-floor apartments feature a comfortable living room with a sofa bed, a well-equipped kitchen, a half bathroom, and a dining area. Moving to the second level, each apartment comprises two bedrooms and a full bathroom. Additionally, there is a kitchenette with seating arrangements, perfect for a potential restaurant venture.

 

Imagine relishing a meal at the restaurant, situated within walking distance of the pool and surrounded by the tranquility of nature. Ensuring the safety of guests, the hotel's gated entrance includes a small apartment space for a security guard.

Regenerate response

  • Bedrooms

    10 bedrooms & 11 bathrooms

  • Construction

    7,000 sqft

  • Land

    10,700 sq ft / 0.25 acres

     

  • Property Type

    Hotel

  • Distance to Airport

    1hr to Liberia, Guanacaste International Airport

  • Total Return

     $80-160K annually

  • Return

     9-19%

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