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Commercial Description

San Mateo is a small town of about 5,000 habitants. You pass through it on the way from San Jose
to Jac Beach, just 4 km short of the town of Orotina, and the interchange to the new highway to San Jose. The town lies about 840 ft. above sea level, with a climate averaging 79 deg. Fahrenheit, 26.5 Celsius. The property itself lies about 1.5 miles outside of San Mateo, only about 42 miles from the capital, and about 25 minutes from the nearest beaches.
Until now, the main use has been the rental of four Cabins and six Villas to tourists that wanted to have freedom from city life and instead enjoy the vast natural area available to them on this spectacular piece of earth from hiking on nature trails to waterfalls, and through
different eco systems.
Available to the guests are also a main house of about 3000 sq.ft.,which serves as office, with dining and meeting room, and two regular sized swimming pools, plus one for children.
The view from this tourist area is magnificent: you can see the Pacific clearly in the distance. The guests can enjoy not only the quiet closeness to unspoiled nature, but they can also easily visit the nearby beaches of Herradura and Jac for nightlife and surfing.
Only about 8 acres of the total acreage have been used for the "Motel " operation.

The property can be developed if desired. It is has been checked out legally and is clean.
A development of large sized lots, which may take into consideration the natural features of the property,
could be a logical choice. Other avenues also could be pursued: From private retreat to Spa-hotel, or a combination - We would be in a position to assist in the planning and permitting process at local prices.

The price of the total property, including existing facilities, is $5.8 million.
The owner is willing to take back a purchase money mortgage with releases for individual parcels sold by the purchaser. A competitive price. A hedge against inflation!

The owner is willing to sell only the eight-acre parcel with existing improvements.
The price for this parcel alone is $975,000

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Approximate price of this 0-Bed Commercial
€4,618,938 EUR | 
£3,699,538 GBP | 
US$5,800,000 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1022796 
Town Orotina 
Province Alajuela 
Country Costa Rica  
Type Commercial
Category Re-Sale  
Listed over 6 months ago
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Map of Orotina, Alajuela, Costa Rica


Real Estate Agent Listing this Property

Agent Theinternationalrealty.com
Listing Since 21 October 2008
Property Listings View all properties from this agent


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Price: US$5,800,000
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Purchase this Commercial in Orotina for

US$18,271p/m

(75% LTV, 8% Interest Rate, 20 years)

(Subject to status. Information given for guidance purposes only.)

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