Home for sale in La Palmera, San Carlos

Key facts

Features & amenities

About this property

Perched on a hillside with views of the Gulf of Papagayo, Lookout Suites is a four-level hospitality property featuring ocean views from every room and terrace, along with a rooftop restaurant. It is conveniently located just a five-minute drive from Coco Beach and approximately 25 minutes from Daniel Oduber Quirós International Airport (LIR). Originally constructed in 2008, the property has been remodeled and updated, offering around 550–557 m² of construction on a 490.43 m² lot. The design maximizes interior and terrace spaces across its four floors, built close to the property lines. The first floor includes four studio rooms, each equipped with a private bathroom and air conditioning, along with a laundry room and a larger room featuring a kitchenette and private bathroom. The second floor has five studio rooms, also with private bathrooms and air conditioning, plus another larger room with a kitchenette and private bathroom. The third floor hosts a penthouse apartment with two bedrooms, two full bathrooms, a kitchen, living area, and terraces. The fourth floor is dedicated to an open-air restaurant space that accommodates approximately 60 guests, currently leased to The Lookout Restaurant, which is well-known for its sunset dining and has a strong local reputation. In total, the property includes nine studio rooms with private baths and ocean views, two one-bedroom suites with kitchenettes and living areas, and one two-bedroom/two-bath penthouse apartment. All accommodations face the Pacific Ocean, offering views of the Gulf of Papagayo and the surrounding mountains. Each room is equipped with independent air conditioning, hot water, WiFi, and TVs. Additional amenities include an infinity-edge pool overlooking the ocean, on-site laundry, and parking in front. The long-term lease with The Lookout Restaurant provides built-in income for the property owner, ensuring consistent monthly rental income regardless of occupancy.

Description rewritten by costaricarealtor.com from the public listing. See the original source for full details and photos.

Property details

Location

La Palmera, San Carlos, Alajuela · approximate location