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- Agent Information
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Representative
Representative
- Phone:
- + 1 941 951 6222
- Cell Phone:
- +1 941 447 0604
- Office Phone:
- +506 4000 3210
- Agent Contact
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Apr 23, 2012
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Mar 27, 2012
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Luxury Vacation Rental Company for Sale: Includes Real Estate in Costa Rica. Significant Annual ROI Investment Opportunity. Passive Income. Splendid Cashflow.
Playa Herradura, Jacó, Garabito, Puntarenas, Costa Rica
Basic Listing Information
- Price:
- $800,000
- Listing ID:
- CS2400071
- Property Type:
- Commercial Condo Building
- Listing Type:
- Commercial Sale
- Status:
- Active
- Images:
- 9
- Beds/Baths:
- 2/2
- Location Type:
- Ocean-Vicinity
- View Type:
- Garden View, Mountain View
- Total Lot Size:
- 155.00 m² (1,668.40 sq ft)
Listing Images
Principals Only: Own a profitable, established turnkey vacation rental management business in a thriving industry. The company includes luxury real estate in Costa Rica’s Los Sueños Resort and Marina. Based in the U.S., the owner has operated the business for over 15 years, providing steady income and generating $77,260 in positive cash flow annually. The unique business model is home-based and easily scalable, requiring no employees. More than a simple rental business, this model feeds reliable, routine “mailbox money.” This creates an ideal opportunity for entrepreneurs searching for hands-free property management, high occupancy, and outstanding R.O.I. The business offers investors and strategic buyers the unique opportunity to acquire a long-standing, market-leading business with occupancy rates twice the regional average.
See what the agent says about this listing (original title and description):
Includes Real Estate in Costa Rica. Significant Annual ROI Investment Opportunity. Passive Income. Splendid Cashflow.
Principals Only: Own a profitable, established turnkey vacation rental management business in a thriving industry. The company includes luxury real estate in Costa Rica’s Los Sueños Resort and Marina. Based in the U.S., the owner has operated the business for over 15 years, providing steady income and generating $77,260 in positive cash flow annually. The unique business model is home-based and easily scalable, requiring no employees. More than a simple rental business, this model feeds reliable, routine “mailbox money.” This creates an ideal opportunity for entrepreneurs searching for hands-free property management, high occupancy, and outstanding R.O.I. The business offers investors and strategic buyers the unique opportunity to acquire a long-standing, market-leading business with occupancy rates twice the regional average.
Long Description
Principals Only U.S.-based rental income opportunities are often burdened with high insurance costs, escalating maintenance, shrinking revenue, and stubbornly high property prices. The opposite is true in luxury destinations like Costa Rica. Executive Summary: ● Includes a gorgeous rental income property in the hemisphere’s premier destination resort and marina ● Turnkey model delivers luxury weekly rentals to wealthy guests. The owner can be based anywhere. ● Minimal effort ● Zero-cost marketing campaigns generate all bookings ● No selling ● Phenomenally high occupancy rate, no restrictions ● Includes additional concierge revenue streams ● Award-winning software platform supports hand-free operations ● Home-based, offers a great vacation destination benefit to the owner ● Recession-resistant business ● Comprehensive systems support seamless, low-effort day-to-day operations ● Low overhead costs ● Utilizes cloud-based technology ● Options are available for you to license this unique business model globally Financial Summary: Price: $800,000. Add $250,000 for global business licensing rights Actual Cash Flow: $77,260 Proforma Cash Flow: $87,200* Real Estate: Owned. Included in the asking price. 10 CAP 5-year Occupancy Rate: 84%** Employees: 0 Seller Financing: Available Financials: Available upon request via NDA The short-term vacation rental industry has surged from high demand, with many travelers favoring rental properties over hotels. This business presents an excellent opportunity to tap into this trend and generate a residual, uncapped revenue stream in a rapidly expanding industry. The only requirements are a smartphone, a computer, and an Internet connection. *The owner benefited from personal use of the property (unpaid) for family and friends’ vacations. The upside proforma is calculated based on the new owner’s choice to maximize paid occupancy. **This calculation represents the last five years of operation, excluding the effect of Covid.
- Details
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Roof Type: Roof Tile Number of Units: 90 Number of Bedrooms: 2 Number of Full Bathrooms: 2 Number of Rooms: 5 Unit Floor: 1 Number of Stories: 3 Total Interior Area: 185.00 m² (1,991.32 sq ft) Total Area under Roof: 185.00 m² (1,991.32 sq ft) Total Lot Size: 155.00 m² (1,668.40 sq ft) Floor Type: Tile Construction Status: Completed Construction Type: Concrete, Concrete Block with Brick Construction Type Comment: colonial style Year Built: 2005 Appliances Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Stove, Washing Machine Air Condition Type: Central Furnished Type: Fully Pool: Yes Jacuzzi: Yes Parking Type: Parking Lot Number of Parking Spaces: 2 Telephone: Yes Internet Types: Cable Internet Television Types: Standard Cable TV BBQ: Yes - Geography
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Location: Playa Herradura, Jacó, Garabito, Puntarenas, Costa Rica Country: Costa Rica State: Puntarenas County: Garabito District: Jacó City/Town: Playa Herradura Zip Code: 60101 Location Type: Ocean-Vicinity Geographic Type: Rain Forest View Type: Garden View, Mountain View Elevation: 5.62 m (18.44 ft) Precipitation: Seasonal - Features
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Interior Features Included: Bar, Ceiling Fans, Crown Molding, Eat in Kitchen, Entertainment Room, High Ceilings, Marble/Granite Countertop, Natural Wood Finishing, Recessed Lighting, Sliding Glass Doors, Storage Room, Vaulted Ceilings, Washer/Dryer Hookup, Water Heater Exterior Features Included: Covered Patio, Outside Seating-Area Amenities Included: Fitness Center, Lawn Service, On-Site Maintenance, Security Community Features: BBQ, Club House, Country Club, Fishing Access, Lawn/Garden Service, Play Ground, Pool, Pool Service, Security, Spa, Tennis Court Security Features: 24 Hour Security, Automatic Gate, Perimeter Fencing, Security Lighting, Security Patrol - Infrastructure
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Street Access Type: Paved Road Type of Water: City Water Type of Sewer: Septic Type of Internet: Cable Internet Type of Television: Cable Television Type of Electricity: Public Telephone Available: Yes - Financial/Legal
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Price per Air-Conditionable Living Area: $4,324.32/m2 ($401.74/sqft) Price per Total Area Under Roof: $4,324.32/m2 ($401.74/sqft) Price per Square Meter: $5,161.29/m2 ($479.50/sqft) List Price: $800,000 Association Fee Amount (Annual): $2,000 Ownership Type: Fee Simple
Personal tools
Contact us: 1800 333-3333
Costa Rica - Vaction Rentals - Overseas Investment
- Approach
- test 3
- Costa Rica Contact
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Agent: Fritz Mayr Phone: +506 4000 3210CCCBR#: 1913 Email: fm@overseasrealty.com
- Contact Information
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Agent: Andrew Haddad Phone: +1 941-313-1218 E-Fax: +1 941-306-4776 Address: 2254 Valencia Drive Sarasota, FL 34239 Email: andrew@buycosta.com
info@buycosta.com