Commercial property for sale in La Fortuna, San Carlos
Key facts
Features & amenities
About this property
This property spans approximately 7,000 square meters and includes a neighboring two-bedroom home situated on 3,000 square meters, surrounded by lush tropical gardens. Located near La Fortuna, the area is well-known for various activities such as rainforest walks, bird watching, river rafting, jungle cruises, canopy tours, butterfly farms, horseback riding, and renowned spas and hot springs, all while offering stunning views of the Arenal Volcano. The rustic home features three bedrooms and three bathrooms, accommodating 10 to 12 guests, and includes a wrap-around balcony. The property is gated, ensuring privacy and providing impressive views of the Arenal Volcano. The concrete structure has a garage below and a bedroom above with a queen bed and a single bed. While some of the land slopes down towards the Rio La Palma, limiting construction options without pilings, there remains ample flat land suitable for a significant development. The property consists of three buildings, including the two-bedroom home on the adjacent, separately titled lot, which can serve as accommodation for owners or management. A pathway leads down to the river, creating a picturesque spot. This medium-sized property, featuring a volcano view and located on the volcano side of the main road, is one of the few available for development. The property has received development approvals, including drainage and impact studies, and has largely secured approvals for a 28-unit, four-story hotel. Additionally, a Best Western License is included in the sale. The property is currently offered at a reduced price of $1,050,000, down from an appraised value of $1,700,000, making it a potentially lucrative site for a boutique hotel or bed and breakfast, and it currently generates rental income.
Description rewritten by costaricarealtor.com from the public listing. See the original source for full details and photos.
Location
La Fortuna, San Carlos, Alajuela · approximate location