0.4 ACRES – 12 Room Income Producing Boutique Hotel In A Great Location!!!!
- MLS: MA151
- Bedrooms: 12
- Acres: 0.4
Tico Tico Villas is the boutique hotel experience sought after by today’s modern traveler and digital nomad. Twelve meticulously refurbished, tastefully appointed personal villas complete with en suite bathrooms, compact kitchens and personal outdoor space are surrounded by lovely gardens. Safe and serene, guests come to unwind, rejuvenate and increasingly, have a tropical paradise home base from which to work remotely. For the price of a single luxury home, this opportunity offers an already successful vacation rental/hotel business accommodating up to 26 people, a manager’s office/home, and an owner’s apartment for yourself or a long-term rental.
A secret garden enclave with refreshing pool and separate BBQ area, Tico Tico Villas is practically invisible from outside its walls. The only street presence is its sign, a single row of parking, and the street-facing mini store complete with a liquor license – a separate business included as a bonus in the sale price of the hotel. A convenient bus stop across the street, local restaurants steps away and easy access to several beaches all complete the ideal nature of this location.
Enter the property and wind your way through beautiful paths surrounded by an excellent variety of tropical greenery all beautifully maintained. The more you explore this impeccable property, the more its charms reveal themselves.
Variety defines the choices available in the villas. Front of property or back, garden studio suites or two-level villas – even one handicapped accessible unit with 2 bedrooms and handicapped accessible bathroom – the offerings suit a range of preferences. Each unit is arranged in a thoughtful and efficient way as to be exceptionally comfortable and relaxing. Beautiful touches in decoration are supremely pleasing to the eye, new kitchens or kitchenettes in every unit create a feeling of home with style, personal patios bring the outside in for an encompassing tropical experience.
Clever construction in a step formation gives each unit its privacy. Newly built with solid concrete, metal supports, almond wood and teak details means this project will withstand the rigors of tropical life; it was re-built to last. Electric service is only 5 years old. A full bodega is perfect for all storage needs.
In Manuel Antonio, all hills and elevation, it is a challenge for other older hotels to offer handicapped accessible accommodation; access is usually via stairs. Tico Tico has a new elevator leading from the parking area to a path to the handicapped accessible suite and pool area. This feature makes it compliant to legal requirements and sets the hotel apart from many places in the area.
The property also has a manager’s office and apartment that suits the Costa Rican way of caring for a property. An onsite manager means Tico Tico Villas’ owners benefit from the traditional Costa Rican sense of pride in home and can take comfort in the personal care they will take in your property, their home.
Finally, there’s an owner suite. This thirteenth unit is unique, hidden away on the upper level with a very cool vibe. It includes a loft plus a second bedroom, a full kitchen, bathroom and a great balcony.
This already thriving business has room to grow physically, with drawings available outlining additional parking and new rooms, a new owner’s unit, and a Jacuzzi. Yet those are but one idea. Perhaps a restaurant would better suit the new owners’ vision. Successfully operated as an adults-only hotel, Tico Tico Villas could also be developed into a corporate retreat offering, or alternately promoted as a family- friendly experience. The income-generating options are many.