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Small hotel for sale in Jaco
https://forum.costaricaticas.com/viewtopic.php?f=20&t=28180
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Author:  Thirdworld [ Fri Apr 17, 2009 4:15 pm ]
Post subject:  Small hotel for sale in Jaco

Small hotel on the beach with 6 rentals and an apartment. Owners are very motivated to sell. They are asking a million but are probably willing to accept a little less. Just passing the word along. Word is they would probably take 850k. Could be a little private paradise. There is a small pool in the back and an area to cook and hangout in front.

Author:  Trepp33 [ Fri Apr 17, 2009 5:01 pm ]
Post subject: 

Which hotel is it, and how many rooms does it have?

Author:  Thirdworld [ Fri Apr 17, 2009 5:11 pm ]
Post subject: 

It's a little place called Villa Gecko. Has six rentals and an apartment in front. Small pool in back and a bbq hangout area in front...... More like an aparthotel than a formal hotel...

Author:  El Viejo [ Fri Apr 17, 2009 9:25 pm ]
Post subject: 

Come on. Somebody crunch the numbers for us on this.

Author:  JazzboCR [ Sat Apr 18, 2009 12:47 am ]
Post subject: 

Can't do all the numbers but back of the envelope--fully rented = $540/ night.
Nice looking boutique place--here's the Website in English, French and Spanish including contact info. Includes a restaurant serving desayuno and light sunset snacks. Somebody should do well with this place.

www.villagecko.net

Author:  HunterS [ Sat Apr 18, 2009 2:32 am ]
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Assuming 60% occupancy......its worth 600-800K
But you get an apartment and its on the water.....
BUT its in jaco and I would guess there are security issues down there. Hence need the gate in front of the beach.
Seems like a fair price but nobody will get a loan for that amount. Must have cash so probably room for negotiation.

Author:  Thirdworld [ Sat Apr 18, 2009 12:17 pm ]
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Not even in the realm of possibility for me to do it, but I would love to have it for my clients. It is really chill on that end of the beach. I think it is priced ok compared to other Jaco properties that it will be a fairly good investment, just the property itself, once the economy and real estate market thaw a little. Fairly rustic, but the rooms are nice. I stayed there a few weeks ago when I had a problem in my apt.

Author:  Nhhank [ Sat Apr 18, 2009 12:53 pm ]
Post subject: 

If every CRT registerd member chips in $46 we own it :D
The down side of that is that it would take almost nine years for every member to stay there one night
If I had he money this is would be must look at

Author:  HunterS [ Sat Apr 18, 2009 1:06 pm ]
Post subject: 

Nhhank wrote:
If every CRT registerd member chips in $46 we own it :D
The down side of that is that it would take almost nine years for every member to stay there one night
If I had he money this is would be must look at

For 650-800K this is a good deal, but no bank will loan you the money so you have to have cash. Looks nice though

Author:  Georgee [ Sat Apr 18, 2009 6:21 pm ]
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Quote:
It is really chill on that end of the beach.
At which end of the beach is it, I assume on the southern end?

Author:  Thirdworld [ Mon Apr 20, 2009 11:27 am ]
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It is on the southern end of the beach. Except for weeks like semana santa it is pretty quiet down there..

Author:  Gringo Malo [ Fri May 08, 2009 12:32 am ]
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Hey Greengo...does that mean they picked up the plastic bags and old tires? Actually, it might be the right size for a Jaco version of Sportsmans Lodge.

Author:  Johnarizona [ Sat May 09, 2009 5:25 pm ]
Post subject: 

Are there beaches in Costa Rica known for their non-sewage and clean water? What about Puerto Viejo area?

Author:  Californicationdude [ Sat May 09, 2009 6:05 pm ]
Post subject:  Re: Call me Sunny

Greengo wrote:
Ever stand in and squeeze a mess of chicken shit between your toes.... with the sun and a big grin of your face after a warm summer rain? Take a walk along any beach or little stream of open sewage running into the tide pools and waters edge in JACO...them aint Baby Ruths "rollin round" in that "frothin surf".... AMEEGOES :lol:


and the best part, there is no extra charge.

:lol:

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