Montezuma, Nicoya Peninsula

ID · F75957F3

Luxury Boutique Hotel in Montezuma

$7,200,000
16
Bedrooms
25
Bathrooms
700 m²
Built · 7,535 ft²
1.54 ha
Lot · 3.81 acres
Public Water and Well
Water
Connected
Power
Public Road
Access
Titled
Title

Description

A 16-room boutique hotel and yoga retreat on the hill above Montezuma, a five-minute walk from the waterfalls and a few minutes from the beach, operating since 2009 and sold as a going concern.

The property. A main house that serves as the common area where guests share meals, with an ocean-view yoga deck and a saltwater infinity pool; a second, Balinese-style yoga deck; 16 rooms and cabins for up to 44 guests; and three spa rooms. Most rooms have ocean views. All have ceiling fans, air conditioning and private bathrooms, and some have outdoor showers. The sellers state that non-toxic materials, organic fabrics and local artisans were used throughout.

The business. The kitchen serves organic meals and the spa runs treatment programs; the retreat has been written up in Forbes, Condé Nast Traveler and Elle, according to the owners, and has a returning clientele after more than ten years of operation.

Services. Public water plus a well. Public road access. Titled, with a restaurant and guest house on site.

At this price the numbers matter more than the view; ask us for the operating accounts, and note that a liquor license does not transfer with the property in Costa Rica.

Highlights

View
Exceptional ocean view
Investment
Income producingMultiple unitsRestaurant
Features
Guest HouseSwimming PoolWell

Ownership, utilities and location

Ownership
Fully titled and recorded in Costa Rica's National Registry. Foreign buyers own titled property outright, with the same rights as Costa Rican citizens.
Utilities
Public water here comes from the community water association (ASADA), the local body that supplies most homes in the district and issues the water letters needed for building permits. The property also has a well, which gives the property its own supply, independent of the local network; wells are registered with Costa Rica's national water authority.
Size and price
700 m² (7,535 sq ft) of built area on a 1.54 ha (3.81 acres) lot, about $10,286 per square meter ($956 per square foot) with the land included.
Location
Montezuma sits on the southeastern coast of the Nicoya Peninsula, in Puntarenas province, ~7 km southeast of Cobano. Read our Montezuma guide for drive times, services and daily life.

Buying with Tierra Tropical: we guide you through every step of the purchase. If you'd like a lawyer in Costa Rica, we're happy to recommend a few local ones.

Location

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