Hotel in Escazu
Hotel in Escazu for sale – $2,950,000 USD
NOTE: If you buy this property, it meets the requirement to apply In Costa Rica for the Residency for Investor (Inversionista) category. We can help you with your residency process; click here to read more about our sister company Costa Rica Immigration Experts!
You couldn’t ask for a more convenient position than this enormous hotel’s downtown Escazu, San Jose location. It has been on the market for a while, so it needs some “TLC” or patching up, but it has the basic structure you need to renovate it any way you see appropriate. There are 2 VIP penthouse suites and more than 28 total rooms. Upstairs, there is subterranean parking for at least 15 automobiles. The basement houses the primary electrical system, and the wiring appears to be well-organized. The basement houses the restaurant’s industrial deep freezer. There is an elevator that connects the underground parking to the top, but it requires maintenance to function properly again.
Escazu, Costa Rica, is home to some of the finest dining, shopping, and hotels the country has to offer. Golf courses are tucked into little enclaves located just a few kilometers from the capital city here in Escazu, where everything is easily accessible.
Make an Offer:
Always feel free to make an offer; the seller is open to negotiation.
Ask if owner financing is available:
Owner financing can be a good option for buyers who don’t qualify for a traditional mortgage. Owner financing provides sellers with a faster way to close because buyers can skip the lengthy mortgage process.
If you are not a Costa Rican permanent resident, you may face challenges obtaining a mortgage loan from a local bank. While banks spend time erecting barriers, GAP provides a fast, simple, and effective alternative, specializing in secured home equity loans. Grupo GAP may assist you in obtaining a private equity loan, which may be your best alternative. Click HERE for other methods of Home Financing.
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- Country: Costa Rica
- Property ID 6515
- Price $2,950,000
- Property Type Hotel
- Bedrooms 28
- Size 3,500 m2
- Label For Sale