Montezuma
Montezuma, Nicoya Peninsula
ID · 5E3A532ATurnkey Business in Montezuma
Description
A working restaurant and ten rental units on a 2,345 m² commercial lot on the main road one kilometer from Montezuma, sold as an operating business.
The restaurant. Fully equipped kitchen, a parrilla and a wood-burning oven, seating for 40, established with local and visiting custom.
The rentals. Three two-bedroom houses of 45 to 120 m² and seven one-bedroom apartments of 25 to 40 m², all with air conditioning, all in good condition, let both short and long term. In total 550 m² of construction, 13 bedrooms and 10 bathrooms, plus a laundry area and a caretaker's house.
Water and pools. Two pools, 2.5 by 4 meters and 2.5 by 5 meters. Three water tanks of 1,200, 1,800 and 2,400 liters.
A smaller option. Two of the houses, five apartments, a pool, the reception and the laundry, with the 2,400-liter tank, on a 1,311 m² lot, are offered separately at $700,000.
Public road access, titled. Remember that a liquor license does not transfer with the property in Costa Rica; our hotels and resorts guide explains what has to be re-applied for.
Highlights
- Investment
- Income producingMultiple unitsRestaurant
- Features
- Caretaker HouseGuest HouseSwimming Pool
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.
- Size and price
- 550 m² (5,920 sq ft) of built area on a 2,350 m² (0.58 acres) lot, about $2,364 per square meter ($220 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.
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