Quepos, Costa Rica
Quepos, Puntarenas Province
Costa Rica

CO-BROKE

Property

Ownership: Hotel
Type: Hotel
Bedrooms: 44 BR
Bathrooms: 44
Council Tax Band: TBC

Financials

Price: $4,000,000
Director of Hospitality & Investment Sales
Licensed Real Estate Salesperson
505 Park Ave, New York, NY 10022

Description

Major Price Reduction

The Best Western Hotel & Casino Kamuk, a four-star 44-key hotel located in Costa Rica’s central
pacific coast in Quepos, Manuel Antonio (the “Property” or “Hotel”) is available for purchase. Current
owners are looking to sale 100% of the property and affiliated real estate.

Property Highlights

• The Hotel is in one of Costa Rica’s top tourist destinations currently attracting significant
investment in the area.


• Unique oceanfront location in the middle of the destination’s primary urban hub and
walking distance to the newly built luxury yacht marina.


• Established track record and operational performance, long-running franchise agreement
with Best Western Hotels & Resorts.


• One of the very few hotels of its size with an active casino license titled to the Hotel.


• Included in purchase is an adjacent 7-car cemented parking lot.


• Direct street access with commercial real estate areas for additional ancillary income.


• Upside investment opportunity for asset repositioning or CAPEX improvements.

Pops Ice Cream Parlor - The most popular ice cream in Costa Rica

The Property is located in Quepos on Costa Rica’s pacific coast, neighboring the Manuel Antonio National Park.

Property Overview:

Location Quepos, Manuel Antonio, Costa Rica

Included Assets Main 4-story building / Adjacent Parking Lot (171 sqm)

Keys 44 Hotel Rooms

Food & Beverage (F&B) 1 F&B Outlet Mira Olas Restaurant (all-day dining) ocean View

Spa & Wellness Amenities 37 sqm massage space (3rd party operated)

Meeting & Business Amenities 100 sqm meeting room area

Additional Amenities Inner courtyard pool

Commercial Space Two street-level access commercial areas currently under lease (80 sqm/257 sqm)

Management Owner-operated / Franchise agreement w/ Best Western Hotels & Resorts

Other 3rd party operated and fully licensed casino (Casino license is titled to the Hotel.

Upside Potential:

1) As is, experienced operator with or without the BW flag improves operational efficiencies and cost structures, improving NOI.

2) Significant CAPEX improvements to modernize property and improve KPIs/positioning

3) Building conversion into probably a mixed-use RE play with commercial and short-term residential components

Contact Howard Henzel Nestseekers International for more information.

Amenities

  • Central Air Conditioning
  • Courtyard
  • Elevator
  • Furnished
  • Investment Property
  • Pool
  • Resort
  • Sauna
  • Spa
  • Water view

The Best Western Hotel & Casino Kamuk located in Costa Rica for Sale


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.