This project is located in a very popular beach town on the Central Pacific Coast of Costa Rica at a short distance from the beach. It will have the amenities of a 5 star hotel but will be run as a 4 star resort hotel when it opens with all the benefits of a hotel management like room service, daily cleaning, restaurants, fitness center, pool, conference center etc. etc.
There will be 44 different units available: 1bedroom apartments, 2 bedroom apartments, duplex lofts and penthouses. All units except the penthouses come fully furnished.
The hotel will be a business oriented boutique hotel with lots of art and sculptures and over 20 Fung Shui elements throughout the building.
The concept is that when buying a 1 or a 2 bedroom apartment you can:
- use it for 3month per year personally like in case of a time share property
- receive a high return (up to 20%) on your investment because the rest of the year it will be rented out by the hotel management. They take care of everything you just collect the profit!!
With an average yearly occupancy rate of 75% which is very feasible because the developer owns a hotel and a restaurant on the same street and has the necessary experience you will get an annual rate of return of 15% on your investment! Another great benefit is the gradual appreciation of the property over the years. Also, this project has by far the best value for money in the whole region when it comes to the room rates and services.
Price: 148.000US$ for a 1-bedroom apartment and 207.000US$ for a 2-bedroom apartment The developer offers a Fly and Buy Program that credits up to 2.000US$ if you come and buy a unit! |
