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MLS Costa Rica




Hotel in Prestigious Dominical area


Listed by Daveed Hollander

Summary: Established Hotel, Bar & Restaurant and Tour Services in Dominical

5
Property ID Number: cbcostarica-438134
Specific Property Type: Hotels & Tourism
Listing Status: Active
Price (US$): $1,850,000
Geographic Area: South Pacific Beaches
Property City: Dominical
Neighborhood: Dominical
Meters Squared or Hectares: 1615.43
Lot Size (sq. Ft.) - Farm Acreage: 0.4 acre
Bedrooms: 18
Full Baths: 18
Garage Space: 12
Property Description: A very Popular Beachfront Mecca with an Established Clientele Awaits Your Distinctive Touch

This is for sure the opportunity you have been waiting for: a risk-free chance to transform your life. Tortilla Flats Hotel, Restaurant and Bar is a historic hot-spot whose popularity put Playa Dominical on the map. As the only beachfront restaurant and bar in town, Tortilla Flats is THE place to enjoy the timeless pleasure of good company, beautiful ocean views, delicious food, and refreshing drinks. Tortilla Flats’ dining area incorporates ocean breezes and the sound of the breakers while providing a front row seat for the engaging vista of sand, surf, and all who have come to enjoy this exquisite beach. Featured frequently in guidebooks and other media write-ups, Tortilla Flat’s ideal location and established reputation make it a favorite with locals, part-time residents, and tourists alike.

Tucked into the shade of overhanging trees alongside the restaurant is a beautiful 18-room hotel featuring patios, some with ocean views, and hammocks for that relaxing afternoon siesta. Some rooms have a/c, while all feature a private bath with hot-water shower. Both restaurant and hotel are characterized by a friendly, unhurried, tropical charm that makes for loyal, repeat customers, which is what business owners are always looking for.

The growing popularity of Tortilla Flats matches that of the Southern Pacific Zone, making any new owner’s job easy. Tortilla Flat’s cash flow has increased each year since the current owner took over in 2000. The hotel is normally booked to capacity during high season from December through August. Without considering possible room-rate or menu-price increases or property appreciation, a prospective buyer can be sure of a ten-year return on investment. The new owner will be in the enviable position of not having to concentrate on generating clientele, but can instead focus on putting their own distinctive mark on an already successful enterprise.

The Tortilla Flats Hotel, Restaurant, and Bar has all appropriate permits and zoning according to the Dominical Plan Regulador. A 26-year government concession to operate within the Maritime Zone is in final approval stages.

 
 
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