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Resort For Sale in La Fortuna, Arenal Volcano, Costa Rica
Popular-Profitable Costa Rica Resort - Price Reduced!
Asking Price: $2,200,000 USD (Negotiable - Financing Available)
This top rated Eco Resort has been given the prestigious Trip Advisor Certificate of Excellence every year since it opened in 2007. Only 1% of the hotels in the world earn this award. In 2017 ranked #3 Hotel in Costa Rica and the #4 Hotel in Central America!
For as little as 1.2 million USD (up front) you can own a profitable piece of paradise!
As Leaves and Lizards has grown over the years and as its reputation and brand have solidified, current owners have built lodging options, upon request, for other individuals. Leaves and Lizards provides rental management services for them. Each unit is part of the Leaves and Lizards complex and brand, the owners receive 50% of the base nightly rental. Leaves and Lizards takes care of routine upkeep and bookings. 4 of the 10 units are owned by others.
The Hummingbird (this US owner does not want to sell at this time, but will maintain the rental management agreement with the new owner)
Tree House and Butterfly (are owned by a couple from California – they are willing to sell or to stay)
The Heliconia House – (owned by 2 individuals from the USA - they are willing to stay or sell)
Each of these units are held by their own Costa Rican company and have separate survey – making them very easy to hold or to transfer. A potential buyer may take this opportunity to look for their own outside investors by re-selling the units/properties after the sale or to create a partnership from the beginning with the original purchase of Leaves and Lizards.
This unique configuration offers potential buyers several options for purchase.
Option 1: Price 3.4 million USD. The new owner has full title to all properties except the Hummingbird Hacienda. All properties/owners are paid off, releasing them to the new owner.
Option 2: Price 2.5 million USD. The new owner keeps the same rental management agreement as it is now. (this price drop is calculated using the value of the land/buildings and the reduction of income for the new owner)
Option 3: Price 2.2 million USD. The new owner maintains the rental management agreements with all the owners, and current owners will keep the Congo and Coco Cabins in the sale (they too, have their own survey and company) and would have the same rental management agreement with the new owner.
Bonus Option: Current owners are willing to finance up to $1,000,000 of the sale at fair market terms for up to 20 years in any of the scenarios.
Please note: Closing costs, including but not limited to legal fees and taxes for the purchase, will be split between the buyer and the seller.
Excellent year round occupancy contact us for numbers and growth projections.
Located in the tourist hot-spot area surrounding the Arenal Volcano and set at a height of 1200 feet, this luxurious cabin retreat enjoys a temperate year-round climate (cooler than the coast). Only 3 hours from both San Jose and Liberia international airports (with direct flights to many US States and European capitals).
Costa Rica tourism cruised past another milestone in 2015, attracting a record-breaking 2.66 million tourists from around the world. The Arenal/La Fortuna region is the most visited. Continued growth from the U.S., Costa Rica’s most important tourism market, and the expansion of new airlines (with new direct flights from London, Paris, Zurich, New York among others) were among the top reasons for the continued growth. The increasing number of tourists also helped the tourism sector swell by 9 percent in 2015, outpacing the national GDP of 2.8 percent by threefold. Tourism Minister called the tourism sector a “motor for development” in Costa Rica, providing jobs and growing the country’s international brand.
The retreat attracts a niche market of upper middle to high income individuals and families looking for a vacation that offers experiences, high quality accommodation and food, and personalized services in an intimate, secluded setting surrounded by nature and stunning views of the Arenal Volcano.
Excellent, personalized guest services and experiences are organized through the retreat, including private professional guide services and transportation.
The property, once a dairy farm, has been mostly reforested and has areas of pasture to keep a cow and some horses. Dairy, chicken, some pork and eggs are produced on site. Guests enjoy helping with farm chores and can learn about food production (there are numerous opportunities to develop this aspect of the business further if desired).
Owners are ready to retire, but can help new owners with the transition. The business is fully operational, with full and devoted staff in place (including bi-lingual manager, yoga instructor and receptionist).
Buildings are well maintained, unique and outfitted with quality furnishings. Sale includes all furnishings and equipment needed take over the business (the horses and tack are not included).
This is a unique opportunity for an individual, corporation or group of investors. It would also be an ideal setting as a family or corporate retreat center.
Owner is willing to consider partial financing.
BRIEF DETAILS OF FACILITIES
10 unique guest lodging options
Reception, office, massage area, laundry/storage/equipment rooms, garage
Restaurant and Tiki bar - new walk in refrigerator and freezer
Swimming pool with infinity edge, waterfall, kids’ pool
Horse barn, covered arena, outside arena
Contact us for more photographs, financial information and details of buildings.
|About This Property|
Arenal Volcano 21012
|Features - Amenities|
- Mountain View
- Pet Friendly
- Maid's Quarters
- Maid's Bathroom
- Laundry Room
- Swimming Pool With Waterfall And Infinity Edge
- Manager/Owners Residence Or Use As Rental For Additional Income.
- Water Supply Is Public With A Back Up Private System
- High Speed Internet
- Location Is Private But Close To Local Tourist Attractions
- Incredible Views Of The Arenal Volcano
- Abundant Wildlife And 180 Species Of Birds
- Thatch Roof Tiki Bar With Artistic Sculptures.
|Pictures (click to view a larger image)|
|Contact - More Information|
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