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SEE ALL PHOTOS
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Under Contract

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Ojochal, Ojochal, Puntarenas 60501, Costa Rica

$1,699,000

A very successful and household-name 20% ROI business PLUS an iconic and luxurious OJOCHAL residence with room to build and expand (residential, commercial, or BOTH)!This is an AMAZING 3-for-1 opportunity – especially for someone who is not yet settled in the charming and cosmopolitan Ojochal area. In one swoop you can be an owner of a landmark residence, PLUS the famous ‘PALMEX’, a very secure and successful company, PLUS take an opportunity to turn unused land (now a teak plantation) into a successful commercial business of your choosing. For a sharp and savvy entrepreneur, this is an opportunity of a lifetime!The property is truly iconic – a HUGE area located in the most prestigious part of Ojochal, a town which has turned into a buzzing hub of tourism, business, leisure and expat living while retaining its stunning jungle atmosphere. It is here that you can enjoy a meal at one of many world-class restaurants and watch Macaws, Toucans and Monkeys frolic on nearby jungle trees while the mist-shrouded coastal mountains, towering over 1,000 meters over Ojochal, provide a surreal background.The property includes a residence, separate business offices with a rancho, 3 stunning self-contained cabins, resort styled pool, jacuzzi, wet/dry sauna, cardio gym, a covered 5-car carport, separate parking and loading area for work trucks, numerous BBQ and relaxation areas and plenty of space to construct additional cabins or other structures – residential or commercial in nature. All current structures are connected by concrete walkways. And the compound is very safe and secure – quality electrified fencing, an alarm system and numerous security cameras will provide you with ease of mind.THE RESIDENCE AND OTHER STRUCTURESThe residence carries a warm ambiance due to the timber construction and matching floor tiles. It includes a very large kitchen with plenty of counter and cupboard space and a HUGE living area with a dining table and wrap-around couch and seating – the open concept design adding to the feeling of spaciousness. The master bedroom is equally impressive as it combines the sleeping area with a TV lounge and library. Connected to the master bedroom is a large home office.Each of the three existing 2-level cabins is self-contained with a bathroom, fully sized and outfitted kitchen, and dining area. Outdoor verandas, floor-to-ceiling timber construction and the A frame design create a truly rustic and romantic atmosphere.  The cabins can be used as guest suites or rented out as short- or long-term accommodation.A 5-car covered carport, located adjacent to the residence, provides an easy, safe, secure and dry access.A resort-style outdoor pool with a covered deck area and jacuzzi, together with the wet/dry sauna, will offer plenty of relaxation opportunities. Numerous lounges, umbrellas and BBQ areas are scattered around the property – you may also wish to unwind in a hammock hut, surrounded by tropical plants, fruit trees and jungle sounds. Colourful outdoor murals, depicting local plants and wildlife, add to the laid-back atmosphere. Exercise options abound as well – a covered cardio gym, which includes stationary bikes, rowing machines and other equipment, is attached to the residence. A big exercise session, followed by a sauna and concluded by a dip in the cool waters of the resort-style pool – how does that sound?THE PALMEX BUSINESSIncluded in this offer is a very successful business – PALMEX. This company is well known around the world and Costa Rica is no exception. Most people here have heard of the PALMEX thatched roofing products, and many are satisfied customers – in fact, the roof of RE/MAX We Sell Paradise office is itself covered with PALMEX palapa. And the numbers surely do reflect the above – with a 20% manual ROI, an established supply line from the Canadian factory and a monopoly over the Costa Rican territory, this is the only PALMEX supplier/installer authorized to operate here.The PALMEX office, workshop and warehouse complex are located right next to the residence – the complex straddles the main road and includes plenty of street-facing parking for business vehicles and large trucks. The complex includes its own kitchen, living area and bathrooms.THE POTENTIAL FOR DEVELOPMENT The nearby hill is ready and waiting for development – you can construct a guest house with a swimming pool, a sun or yoga deck, a garden or orchard, or turn the hill into a natural jungle oasis. Commercial options are also available – additional cabins and other accommodation types would do very well in this part of Ojochal which currently attracts plenty of tourists – as evidenced by scores of nearby restaurants, shops, cafes, hotels and cabins, yoga and fitness centres, and various types of tourism businesses. Or how about bringing to life a brand-new sport or leisure facility, a café, or a restaurant? You are only limited by your imagination!If you wish to create a commercial enterprise on the hill you have the options of making it totally self-contained as a separate vehicle and pedestrian access can be designed. The area could then be fenced off from the main property, creating a completely split commercial-use lot. Are you the kind of professional who is ready to go from ‘0’ to ‘100’ in under 3 seconds? This is the PERFECT opportunity! A residence, established and successful business, and the option to develop a brand-new income stream on the adjacent hill – ARE YOU READY?

4
beds

5
baths

1.76 Sq.M. lot

Ben Rutherford

Ben Rutherford

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms5
  • full bathrooms5

Area & Lot

  • Status Under Contract
  • Lot Area1.76 Sq.M.
  • MLS® IDWSP-HM/BR-1122
  • TypeResidential, Commercial
  • YEAR BUILT2020
  • NeighborhoodOjochal
  • LifestylesBeach, Mountain, Resort Style

Exterior

  • Garage Space5
  • parking 5-Stalls, Detached "Carport"

Financial

  • Sales Price$1,699,000

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

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Thank you for your interest in Ojochal, Ojochal, Puntarenas 60501, Costa Rica. We are reviewing your request and will be in touch shortly!

Ojochal

A hidden gem nestled along the stunning coastline of the South Pacific region.

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