Monday, January 30, 2017
Thursday, January 26, 2017
Established 25 cottage hotel resort - $6.2 million
Property Description
This hotel on 25 acres with hot springs and waterfalls is a botanical garden paradise.
The resort consists:
- (25) 750sq.ft. COTTAGES
- 5 SWIMMING POOL COMPLEX WITH WATER SLIDE
- RESTAURANT
- BAR
- TIKI BAR RESTAURANT
- HEALTH SPA/GYM COMPLEX WITH SAUNAS AND MASSAGE THERAPY
- BOTANICAL GARDEN TRAILS
- WATERFALLS
- BUTTERFLY FARM
- FISH PONDS
- HUMMINGBIRD FEATURE AREA
- NATURAL HOT SPRING SAUNA
- FARMS
- EXPANSION AREAS FOR ADDITIONAL 60 UNITS.
The sale also includes the associated tour business which features the following tours:
- ZIP LINES
- RIVER TUBING
- RAFTING
- HORSEBACK RIDING
- VOLCANO
- HIKING
- BIKING
- DINOSAUR THEME PARK (DISNEY STYLE)
In addition to accommodation and facilities for
residents, the resort offers day pass tours for visitors. These day
passes have a profitability of in excess of 80%.
As well as the onsite expansion opportunity (60 more
units) there is the opportunity to acquire an additional 75 acres of
segregated development land adjoining which has permission for 85 homes.
There are hugely attractive expansion opportunities.
The resort is long established and very profitable.
After many happy years growing, running and profiting
from this excellent business, the owner has decided to retire, hence
the sale.
Full figures are available to qualified purchasers and a 10% net profit on the purchase price is projected for 2017.
Contact us to find out more: info@costaricainvest.ie or call us now on USA +1-202-697-9284 or Europe +353-1-272-4184
Labels:
Adventure,
Arenal,
Homes,
Hot Springs,
Hotel,
Investment,
Resort
Tuesday, January 24, 2017
Outrageous Deals
Incredible deals available. Deals like these ones don't come round regularly. So they all require quick action!
Deal 1
Find out more at this link:
https://costaricainvest.infusionsoft.com/app/hostedEmail/1652608/058cbb4f8312ce37
Call us now USA +1-202-697-9284 or Europe +353-1-272-4184 if you are interested. This deal cannot hang around long at this price.
Call us now USA +1-202-697-9284 or Europe +353-1-272-4184 if you are interested. This deal cannot hang around long at this price.
Deal 1
- Fully furnished
- 3,800 sq ft,
- 3 bed , 4 bath
- San Vito
- Totally outrageous ridiculous price - $79k
- Quick close required.
- Furnishings include modern pool table and a baby grand piano.
- All bedrooms ensuite!
Find out more at this link:
https://costaricainvest.infusionsoft.com/app/hostedEmail/1652608/058cbb4f8312ce37
Call us now USA +1-202-697-9284 or Europe +353-1-272-4184 if you are interested. This deal cannot hang around long at this price.
Deal 2
- B & B
- 7 Bed
- US$445k
- Escazu, San Jose
- Focused on medical tourism
- Gross Yield - $80,000
- After costs - $60,000
- Yield 13.5%
- Quick close required
Find out more at this link:
Call us now USA +1-202-697-9284 or Europe +353-1-272-4184 if you are interested. This deal cannot hang around long at this price.
Deal 3
- 26ha of development land
- Subdivided into 260 permissioned development lots
- Plus 2.5ha of Concession Seafront Land
- Concession land with permission to develop 65 room hotel
- Outrageous price - $850k
- Will suit an experience developer
Find out more at this link:
Call us now USA +1-202-697-9284 or Europe +353-1-272-4184 if you are interested. This deal cannot hang around long at this price.
Labels:
B&B,
business,
Developer,
development land,
Escazu,
Esterillo,
Home,
Investment,
Lots,
Profitable,
San Vito,
Secure,
Subdivision
Friday, January 20, 2017
Tamarindo Lifestyle
We have excellent colleagues in the Tamarindo and would be delighted to introduce you to them.
Just email us on info@costaricainvest.ie or give us a call on USA +1-202-697-9284 or Europe +353-1-272-4184 and we'll connect you,
Labels:
Apartments,
Commercial,
Condos,
Costa Rica,
Farms,
Guanacaste,
Homes,
Investment,
land,
Property,
Tamarindo,
Villas
Thursday, January 19, 2017
Why this Texas doctor says Costa Rica's health care system beats the US
Source: CIMA Hospital
|
I was sitting on our cantilevered terrace, listening to birdsong and the river flowing below me. I pondered the 11,000-foot-tall Volcano Irazú in the distance. From the top of the tallest volcano in the country, it's possible to see both the Atlantic and Pacific Oceans on a clear day.
Suddenly there came a rapid-fire knock at the door. I knew something was different this morning—Costa Ricans rarely get worked up.
A neighbor, who knew I'd worked as a doctor in the U.S. before retiring to Costa Rica, wanted me to check his uncle, who was "having a problem." I found an elderly fellow, surrounded by supportive family members, who was in pain and having a nosebleed. We loaded him in my car and drove the three miles to the nearest Caja—the nickname for the local public healthcare office.
Although the waiting room was occupied by folks waiting their turn, everyone generously ushered us to the front of the line. The old man was immediately assessed by the physician, received an ECG (to check for electrical problems with the heart), was stabilized, and later transported to a large hospital about 30 minutes away. There he was treated for his heart attack. I never saw it handled any faster when I was working in the U.S.
When my partner and I left Texas for Costa Rica, many friends said, "Well sure, you're not worried about medical care; you're a doctor." To tell the truth, that actually makes me much more critical of the medical care available in other countries. Unlike some foreign nations, Costa Rica has nothing to worry about; state-of-the-art services are available here in all branches of medicine and dentistry.
Costa Rica has both public and private healthcare sectors. Every town has its EBAIS (Caja) office where people from the neighborhood—expat residents as well as locals—can receive preventative and primary care. And there's no pre-existing condition exclusion.
There are also private doctors and hospitals, just as you're used to in North America.
"When my fishing buddy, Kenneth Thomas, needed dental implants last winter, he drove past myriad dental offices in icy Fort Worth, Texas, and flew to sunny Costa Rica. He found he could save $15,000, even after paying for the airfare and his lodgings."
For example, CIMA Hospital in San José has it all…intensive care, all the surgical specialties, and even dental treatments.
All at 30 percent to 70 percent cheaper than U.S. or Canadian prices. And it is Joint Commission International-certified. That's the gold standard in healthcare—many U.S. hospitals fail to receive that accreditation. And it is the only hospital in Central America that is accredited by the Department of Veterans Affairs.
That's not to say that public hospitals aren't up to snuff.
Margaret Aliff, an expat who lives in the San José suburb of Escazú, tells this story: "I've had three ER [emergency room] experiences in Costa Rica: one at a private hospital and two at a public hospital. I would rate all ER experiences as very good, but I thought the public hospital was more thorough both times."
Many expats use a combination of the two systems. Donald Martin, 73, had knee surgery in Georgia some time ago that is now failing him. He needs a series of injections in his knee. He saw his Caja doctor here in Costa Rica, who reviewed the records his orthopedist sent from Atlanta. He could have waited a few weeks for an appointment within the Caja system—about the same wait time for new patients to see a specialist in the U.S. But he preferred to be seen immediately and was referred to three nearby surgeons in the private sector.
The next day, he learned he could receive the same treatment he'd had in Georgia, but at a considerable saving. "Not only am I saving on time and airfare back to Georgia, but the cost of the injections is $400 here, as opposed to the $1,200 I was quoted there."
While some U.S. insurance carriers won't cover costs in Costa Rica unless it's an emergency, many expats find that private insurance here is very reasonable. John and Lori Jowett have recently gotten their insurance through Blue Cross of Costa Rica. "For a premium of $462 per month, we have better coverage than we had in Florida, and at half the cost." They also point out that, because healthcare is less expensive here, the $1 million policy here buys you closer to $3 to $5 million of care.
In addition, the country is finding new ways to help lower healthcare costs. I recently discovered a program called MediSmart. It works with Hospital Metropolitano, one of San José's private hospitals. Essentially, a couple can get deeply discounted medical services at Metropolitano by paying a $17-a-month "retainer." While normal office visits may run $40 to $50 (still a bargain, at one-third the U.S. cost), they're reduced to $14 to $18 by paying the retainer. Other costs can show similar price breaks, like a CT scan for only $320, compared to $800 in Texas.
And expats aren't the only ones who benefit from Costa Rica's healthcare. Medical tourism is also growing rapidly. An estimated 40,000 people visit Costa Rica each year for some specific healthcare need.
When my fishing buddy, Kenneth Thomas, needed dental implants last winter, he drove past myriad dental offices in icy Fort Worth, Texas, and flew to sunny Costa Rica. He found he could save $15,000, even after paying for the airfare and his lodgings. Smiling a new perfect smile, Thomas reveals an added benefit: "I got to enjoy a few extra days in the paradise of beaches, as well as in some of the country's numerous national parks. That will make you want to visit the dentist!"
Commentary by John Michael Arthur, an American doctor who relocated to Costa Rica.
See the full article on CNBC here
Labels:
CAJA,
CIMA,
Costa Rica,
Health Care,
Hospitals,
Insurance,
Private
Monday, January 9, 2017
Very Profitable Costa Rica Business for Sale
Hospitality
equipment rental business located in San Jose. They have the exclusive
distribution and service rights for one of the top 3 companies in that
sector.
The particular exclusive agency has the market
advantage of having equipment that does better than its competitors in
the climate of Costa Rica. The business, which was
established in 2012, has grown very strongly and now has over 200
customers.
Current revenues are approx USD 750k. The majority of which (>90%) is recurring revenue as the
majority of the equipment is rented on a serviced rental agreement.
Key Figures
EBITDA: USD 550k
Equipment Value: >USD 1 million
Purchase Price: USD 2 million
EV/EBITDA: 3.6x
Employees: 10
Reason for Sale: Retirement
Key Highlights
- Highly profitable
- Business is growing
- Highly diversified customer base
- Income stream from day 1
- Tangible assets
2015A 2016F 2017F
Revenues 456k 523k 751k
EBITDA 337k 404k 563k
Margin 74% 77% 75%
There are significant growth opportunities. The business would require an "on the ground" manager to oversee business expansion.
E mail info@costaricainvest.ie or call USA +1-202-697-9284 or Europe +353-1-272-4184 to find out more
Labels:
business,
Costa Rica,
Established,
For Sale,
Profitable,
Sell
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