VALUE ADD INVESTMENT OPPORTUNITY BRIEF
Seeking limited partners to invest in a rare, value-add renovation opportunity for a boutique (non-concession) hotel/short-term rental property in the number one tourist region in Costa Rica – Guanacaste. In operation since 2014, the property currently features six ocean facing guest rooms in the west building with four additional bedrooms in the main house on the east side. The highly desirable location just outside of Playas del Coco in Costa Rica’s Guanacaste region, is a quick 30-minute car trip from Daniel Oduber Quiros International Airport (Liberia), with non-stop service to many US major cities.
A welcome contrast to the big box resorts further along the northern coast, Pura Vista attracts guests and families in search of a genuine, authentic Costa Rican “Pura Vida” experience. With tremendous upside potential through the creation of special hotel amenities, providing supplemental income, the opportunity offers investors more than a standard renovation. The hotel’s four rooms in the main house have been off the market since being purchased in June 2023 for use as a primary residence for the new ownership. Renovation plans include bringing entire main house (approximately 381sq m/4,101 sq ft) to the market for rent.
Highly flexible in accommodation and supplemental income offerings, Pura Vista is the premier asset in Ocotal.
Planned Improvements
- Renovation of existing check-in lobby into small restaurant
- Add small retail shop offering clothing and beach sundries
- Acquisition of 20-person catamaran for snorkeling, fishing, diving, cruising
- Creation of new wellness + yoga retreat & programs
- Integration of main house into additional guest quarters
- Upgrading guest quarters
- Beautification of hotel + grounds
More details on the opportunity
- Common equity share blocks as low as $150,000
- Dividends to be paid quarterly
- Limited partners enjoy hotel/catamaran access
