REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,500,000
Est. payment /mo
Active
Nasua , Jacó, Garabito, Puntarenas Puntarenas 61101
5 Beds
6 Baths
8,611 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,611 sqft
Price per Sqft $174
Subdivision Jacó
MLS Listing ID CR251037866
Bedrooms 5
Full Baths 6
Lot Size 0.410 Acres
Acres 0.41
Property Description
This 3-star condominium hotel is located in the heart of Jacó, just 15 minutes from Playa Jacó and Marina Los Sueños. The property operated profitably before COVID-19, proving its viability in the hospitality sector. Today, it continues to operate but is not profitable in its current state, creating a strong redevelopment and repositioning opportunity.
The family has chosen not to reinvest additional equity into renovations or upgrades to adapt the property to current market demands. This leaves the next buyer or developer with a blank canvas to transform the site into a modern hospitality concept or mixed-use project that capitalizes on Jacó's growth.
Current Setup
- Multiple apartments with kitchenettes, dining areas, air-conditioning, and balconies
- Outdoor pool, terrace, and landscaped gardens
- On-site parking and Wi-Fi infrastructure
Development Potential
- Redevelop into 6 luxury villas with shared pool and amenities
- Renovate and reposition as a boutique hotel, timeshare, or vacation rental complex
- Potential for mixed-use commercial concepts (condos, condo-hotel, or retail with hospitality)
- Excellent opportunity to capture Costa Rica's post-pandemic tourism recovery
- Surrounded by condo-hotels and residential developments, reinforcing market demand
- Prime commercial area with strong plusvalía (value appreciation)
Location Highlights
- Walking distance to downtown Jacó restaurants, shops, and nightlife
- Near Plaza Coral and Jacó Walk shopping center
- 15 minutes to Marina Los Sueños and Playa Herradura
- 3 km to the famous Mirador de Jacó viewpoint
- One of Costa Rica's fastest-growing tourism and investment corridors
Peter's Vision
This property has already shown it can perform — it was a profitable operation before COVID. Today, it continues to run but underperforms, awaiting the right vision.
I see it as a developer's opportunity: six modern villas with shared amenities, a boutique ret
The family has chosen not to reinvest additional equity into renovations or upgrades to adapt the property to current market demands. This leaves the next buyer or developer with a blank canvas to transform the site into a modern hospitality concept or mixed-use project that capitalizes on Jacó's growth.
Current Setup
- Multiple apartments with kitchenettes, dining areas, air-conditioning, and balconies
- Outdoor pool, terrace, and landscaped gardens
- On-site parking and Wi-Fi infrastructure
Development Potential
- Redevelop into 6 luxury villas with shared pool and amenities
- Renovate and reposition as a boutique hotel, timeshare, or vacation rental complex
- Potential for mixed-use commercial concepts (condos, condo-hotel, or retail with hospitality)
- Excellent opportunity to capture Costa Rica's post-pandemic tourism recovery
- Surrounded by condo-hotels and residential developments, reinforcing market demand
- Prime commercial area with strong plusvalía (value appreciation)
Location Highlights
- Walking distance to downtown Jacó restaurants, shops, and nightlife
- Near Plaza Coral and Jacó Walk shopping center
- 15 minutes to Marina Los Sueños and Playa Herradura
- 3 km to the famous Mirador de Jacó viewpoint
- One of Costa Rica's fastest-growing tourism and investment corridors
Peter's Vision
This property has already shown it can perform — it was a profitable operation before COVID. Today, it continues to run but underperforms, awaiting the right vision.
I see it as a developer's opportunity: six modern villas with shared amenities, a boutique ret
Location
State Puntarenas
County Garabito
Interior
Furnishings Unfurnished
Fireplace No
Exterior
Water Access Desc Other
Private Pool Yes
Building
Water Other
New Construction No
Others
Pets Allowed Yes
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION