DETAILS
Property ID
  2020035
Country
  Costa Rica
Region
  Osa South
Community
  Carate
Land Type
  Ocean Front
Land Use
  Commercial
Area (hectares)
  1.40
Area (acres)
  3.5
Price
  $695,000
Price/Hectare
  $496,429
Price/Acre
  $201,054
Price/Sq. Meter
  $49.64
Titled
  yes

DETAILS
Property ID
  2020035
Country
  Costa Rica
Region
  Osa South
Community
  Carate
Land Type
  Ocean Front
Land Use
  Commercial
Area (hectares)
  1.40
Area (acres)
  3.5
Price
  $695,000
Price/Hectare
  $496,429
Price/Acre
  $201,054
Price/Sq. Meter
  $49.64
Titled
  yes

DETAILS
Property ID
  2020035
Country
  Costa Rica
Region
  Osa South
Community
  Carate
Land Type
  Ocean Front
Land Use
  Commercial
Area (hectares)
  1.40
Area (acres)
  3.5
Price
  $695,000
Price/Hectare
  $496,429
Price/Acre
  $201,054
Price/Sq. Meter
  $49.64
Titled
  yes

SALE DETAIL

The Lookout Inn is the fabled “only beach hotel in Carate,” a claim to fame it enjoyed during its twenty years of operation as a boutique eco-lodge on the edge of the world. Two years ago, the hotel was bought and secured with a down payment, with the balance due as a balloon payment. Long story short, the buyers decided the hospitality industry was not their strong suit and they whiffed on the second half of the payment.

Their loss is your gain. Buy the entire facility as is for one half of its sale price two years ago.

Built in 1998 on the side of the mountain, the main building is a three-story structure that combines a total of five bedrooms, a commercial kitchen, bar, dining and lounging area, and plenty of deck space for lounging and hanging out.

A total of eight standalone bungalows are scattered around the main building and extend from the top of the property to the base of the property, just steps away from the beach. Although all the cabins are in need of a bit of TLC to bring the facility up to shape for a return to full operations, they all boast splendid ocean views and an open air architecture with cool breezes passing through as well as privacy and comfort.

The property has a total area of 1.5 hectares (3.7 acres) and includes both a titled portion with 7,447 square meters as well as a maritime zone tract with 7,543 square meters with a valid Municipal use permit in good standing. Located 40 km from Puerto Jimenez, it is a 1 hour 45 minute drive to the hotel and another five minutes from the hotel to the end of the road at the Carate River. Carate is the most distant point along the national highway system from San Jose. It is also the gateway to the Crown Jewel of Costa Rica’s National Park System, Corcovado National Park, which has the additional distinction of being a World Heritage Site.

Carate has a paved landing strip that is rated for charter flights from San Jose and other national destinations. There is a twice daily public transport that connects Carate with Puerto Jimenez, the peninsular commercial hub

The Pacific coastline is pure sand that extends for miles and miles in either direction. There are no shoals or reefs or rocks, just sandy beach and pounding open-Pacific surf. Wildlife is prolific in the Carate region and at any moment, you can expect to see dozens of scarlet macaws squawking around while long lines of brown pelicans glide along breakers, their wingtips centimeters from the wave’s crest. Sea turtles of several species nest on Carate beaches and turtle conservation agencies provide nest monitoring and hatcheries, all supported by international conservation groups. Just 3 km from the entrance to Corcovado National Park, the region teems with a wide variety of wildlife as well, including apex predators, such as the the jaguar, mountain lion, tayra, and a wide variety of raptors. Plus expect the full range of monkeys (all four species) anteaters, sloths, coati, raccoons, sprocket deer, peccaries, tapirs and all kinds of other animals.

In fact, the Osa is home to 2.5% of entire planet’s plant and animal species and is widely considered to be the second most biodiverse place on the planet.

Carate is one of the final vestiges of the truly remote wilderness of Costa Rica. The Lookout Inn provides top shelf comforts to its guests—or it did before it was recently shuttered pending new ownership—and the lodging rates started at $125 per person per day with three squares included. With a maximum capacity of 40 people, do the math yourself on gross revenue potential without even factoring in the extras that include bar revenues, guided tours, transfers, and commissions in assisting guests with accommodations and activities for other parts of their travels.

At this moment there is no open hotel on the beach in Carate. There are ecolodges in the mountains, but the Lookout Inn occupied an economic niche that has not been filled by others and is a yawning vacuum waiting for you to fill it.

Expect to invest $50,000 or so in repairs and improvements and furnishings, kitchenware, linens, and other sundries to get you back into business with all the outfitting required for full operations. Plan on a 50% occupancy rate on average from Dec 1 through August 30 without much effort, higher commensurate with your marketing efforts.

The Lookout Inn is a new listing and still in the process of restoration and cleanup from the vacancy of the last ownership. Don’t hesitate to make your move as this opportunity is not going to be around long. Call or write today for more information or to schedule your showing.

The Lookout Inn is the fabled “only beach hotel in Carate,” a claim to fame it enjoyed during its twenty years of operation as a boutique eco-lodge on the edge of the world. Two years ago, the hotel was bought and secured with a down payment, with the balance due as a balloon payment. Long story short, the buyers decided the hospitality industry was not their strong suit and they whiffed on the second half of the payment.

Their loss is your gain. Buy the entire facility as is for one half of its sale price two years ago.

Built in 1998 on the side of the mountain, the main building is a three-story structure that combines a total of five bedrooms, a commercial kitchen, bar, dining and lounging area, and plenty of deck space for lounging and hanging out.

A total of eight standalone bungalows are scattered around the main building and extend from the top of the property to the base of the property, just steps away from the beach. Although all the cabins are in need of a bit of TLC to bring the facility up to shape for a return to full operations, they all boast splendid ocean views and an open air architecture with cool breezes passing through as well as privacy and comfort.

The property has a total area of 1.5 hectares (3.7 acres) and includes both a titled portion with 7,447 square meters as well as a maritime zone tract with 7,543 square meters with a valid Municipal use permit in good standing. Located 40 km from Puerto Jimenez, it is a 1 hour 45 minute drive to the hotel and another five minutes from the hotel to the end of the road at the Carate River. Carate is the most distant point along the national highway system from San Jose. It is also the gateway to the Crown Jewel of Costa Rica’s National Park System, Corcovado National Park, which has the additional distinction of being a World Heritage Site.

Carate has a paved landing strip that is rated for charter flights from San Jose and other national destinations. There is a twice daily public transport that connects Carate with Puerto Jimenez, the peninsular commercial hub

The Pacific coastline is pure sand that extends for miles and miles in either direction. There are no shoals or reefs or rocks, just sandy beach and pounding open-Pacific surf. Wildlife is prolific in the Carate region and at any moment, you can expect to see dozens of scarlet macaws squawking around while long lines of brown pelicans glide along breakers, their wingtips centimeters from the wave’s crest. Sea turtles of several species nest on Carate beaches and turtle conservation agencies provide nest monitoring and hatcheries, all supported by international conservation groups. Just 3 km from the entrance to Corcovado National Park, the region teems with a wide variety of wildlife as well, including apex predators, such as the the jaguar, mountain lion, tayra, and a wide variety of raptors. Plus expect the full range of monkeys (all four species) anteaters, sloths, coati, raccoons, sprocket deer, peccaries, tapirs and all kinds of other animals.

In fact, the Osa is home to 2.5% of entire planet’s plant and animal species and is widely considered to be the second most biodiverse place on the planet.

Carate is one of the final vestiges of the truly remote wilderness of Costa Rica. The Lookout Inn provides top shelf comforts to its guests—or it did before it was recently shuttered pending new ownership—and the lodging rates started at $125 per person per day with three squares included. With a maximum capacity of 40 people, do the math yourself on gross revenue potential without even factoring in the extras that include bar revenues, guided tours, transfers, and commissions in assisting guests with accommodations and activities for other parts of their travels.

At this moment there is no open hotel on the beach in Carate. There are ecolodges in the mountains, but the Lookout Inn occupied an economic niche that has not been filled by others and is a yawning vacuum waiting for you to fill it.

Expect to invest $50,000 or so in repairs and improvements and furnishings, kitchenware, linens, and other sundries to get you back into business with all the outfitting required for full operations. Plan on a 50% occupancy rate on average from Dec 1 through August 30 without much effort, higher commensurate with your marketing efforts.

The Lookout Inn is a new listing and still in the process of restoration and cleanup from the vacancy of the last ownership. Don’t hesitate to make your move as this opportunity is not going to be around long. Call or write today for more information or to schedule your showing.

The Lookout Inn is the fabled “only beach hotel in Carate,” a claim to fame it enjoyed during its twenty years of operation as a boutique eco-lodge on the edge of the world. Two years ago, the hotel was bought and secured with a down payment, with the balance due as a balloon payment. Long story short, the buyers decided the hospitality industry was not their strong suit and they whiffed on the second half of the payment.

Their loss is your gain. Buy the entire facility as is for one half of its sale price two years ago.

Built in 1998 on the side of the mountain, the main building is a three-story structure that combines a total of five bedrooms, a commercial kitchen, bar, dining and lounging area, and plenty of deck space for lounging and hanging out.

A total of eight standalone bungalows are scattered around the main building and extend from the top of the property to the base of the property, just steps away from the beach. Although all the cabins are in need of a bit of TLC to bring the facility up to shape for a return to full operations, they all boast splendid ocean views and an open air architecture with cool breezes passing through as well as privacy and comfort.

The property has a total area of 1.5 hectares (3.7 acres) and includes both a titled portion with 7,447 square meters as well as a maritime zone tract with 7,543 square meters with a valid Municipal use permit in good standing. Located 40 km from Puerto Jimenez, it is a 1 hour 45 minute drive to the hotel and another five minutes from the hotel to the end of the road at the Carate River. Carate is the most distant point along the national highway system from San Jose. It is also the gateway to the Crown Jewel of Costa Rica’s National Park System, Corcovado National Park, which has the additional distinction of being a World Heritage Site.

Carate has a paved landing strip that is rated for charter flights from San Jose and other national destinations. There is a twice daily public transport that connects Carate with Puerto Jimenez, the peninsular commercial hub

The Pacific coastline is pure sand that extends for miles and miles in either direction. There are no shoals or reefs or rocks, just sandy beach and pounding open-Pacific surf. Wildlife is prolific in the Carate region and at any moment, you can expect to see dozens of scarlet macaws squawking around while long lines of brown pelicans glide along breakers, their wingtips centimeters from the wave’s crest. Sea turtles of several species nest on Carate beaches and turtle conservation agencies provide nest monitoring and hatcheries, all supported by international conservation groups. Just 3 km from the entrance to Corcovado National Park, the region teems with a wide variety of wildlife as well, including apex predators, such as the the jaguar, mountain lion, tayra, and a wide variety of raptors. Plus expect the full range of monkeys (all four species) anteaters, sloths, coati, raccoons, sprocket deer, peccaries, tapirs and all kinds of other animals.

In fact, the Osa is home to 2.5% of entire planet’s plant and animal species and is widely considered to be the second most biodiverse place on the planet.

Carate is one of the final vestiges of the truly remote wilderness of Costa Rica. The Lookout Inn provides top shelf comforts to its guests—or it did before it was recently shuttered pending new ownership—and the lodging rates started at $125 per person per day with three squares included. With a maximum capacity of 40 people, do the math yourself on gross revenue potential without even factoring in the extras that include bar revenues, guided tours, transfers, and commissions in assisting guests with accommodations and activities for other parts of their travels.

At this moment there is no open hotel on the beach in Carate. There are ecolodges in the mountains, but the Lookout Inn occupied an economic niche that has not been filled by others and is a yawning vacuum waiting for you to fill it.

Expect to invest $50,000 or so in repairs and improvements and furnishings, kitchenware, linens, and other sundries to get you back into business with all the outfitting required for full operations. Plan on a 50% occupancy rate on average from Dec 1 through August 30 without much effort, higher commensurate with your marketing efforts.

The Lookout Inn is a new listing and still in the process of restoration and cleanup from the vacancy of the last ownership. Don’t hesitate to make your move as this opportunity is not going to be around long. Call or write today for more information or to schedule your showing.



Property Features:

  • Mountains
  • Beachfront
  • Ocean View
  • Mountain View   
  • Primary Forest
  • Secondary Forest          



Property Features:

  • Mountains
  • Beachfront
  • Ocean View
  • Mountain View   
  • Primary Forest
  • Secondary Forest          



Property Features:

  • Mountains
  • Beachfront
  • Ocean View
  • Mountain View   
  • Primary Forest
  • Secondary Forest          




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