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Tamarindo Bay – Nicest Boutique Hotel in Tamarindo

$ 2,600,000
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Property Description

Tropical 11-Unit Boutique Hotel in Tamarindo! / #1 on Trip Advisor! / ICT certification. One of only 7 Expedia VIP access hotels in Tamarindo.

Sales Revenue: $500K – $1M (USD)

Cash Flow: $250K – $500K (USD)

Beautiful and Contemporary, large rooms/suites are located just 500 meters from Tamarindo Beach! Modern top quality US standards construction with a proven track record of excellence.

Located close to all Tamarindo amenities including shopping, restaurants, and bars, this property remains exceptionally quiet and private as it caters exclusively to adults (18+). This high-yield investment opportunity will not last!

All showings are strictly by appointment only and must be accompanied by the Exclusive listing agent.


Newly remodeled and ready for the 2027 high season—Phase 1 now available for acquisition!

Tamarindo Bay is a tropical boutique hotel that has held the #1 spot on TripAdvisor for over 8 years running. This impeccably maintained luxury property features 11 sleek, contemporary rooms of various sizes, including a freshly remodeled owner’s unit that can be seamlessly added to the hotel inventory for maximum ROI.

Phase 2 Expansion Opportunity: For investors looking for a larger footprint, an additional 9-unit expansion (Phase 2) is available via a Lease with Option to Buy. This allows an operator to control a 20-unit inventory while minimizing upfront capital outlay.

Recent Construction & 2026 Updates:

  • Full Private Kitchens: Now installed in every guest room.
  • Pool Restoration: Brand new premium pebble aggregate finish.
  • New Property Access: Private shortcut created to the Green Zone and main road.
  • Interior Upgrades: All units restored with custom teak furniture and Masaya wood accents.
  • Versatile 200sqm Terrace: Perfect for Yoga, weddings, or conversion to a Penthouse.

Financial Note: The Seller may consider up to $500K in Owner Financing for Phase 1 for qualified buyers.

This property offers an attractive Cap Rate and a turnkey operation in the heart of Costa Rica’s most famous beach town. Modern US standards, #1 brand recognition, and a clear path to 20-unit expansion make this the premier boutique offering in Tamarindo.

 

Investment Highlights:

Strategic Expansion: Includes Phase 1 (11 units) with a unique lease-to-buy option for Phase 2 (9 additional units), providing a clear path to a 20-unit operation.

Flexible Financing: The Seller may consider up to $500,000 in Owner Financing for qualified buyers to facilitate a smooth acquisition.

Turnkey Excellence: #1 ranked property on TripAdvisor for 8+ years. Completely remodeled and optimized for the 2026 high season.

Private Viewings: All showings are strictly by appointment and must be accompanied by the Exclusive listing agent.

This is a rare, high-cap-rate opportunity in the heart of Tamarindo that will not last.

State/County:
Zip: 50309
Country: Costa Rica
Property Id: 33428
Price: $ 2,600,000
Bedrooms: 11
Bathrooms: 13
Structure Type: N/A
Floors No: 2
View: none
Ownership: Freehold

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Chad Fisher

Phone:+50688472383
Email:chad@1stcrcr.com

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