Sugar Beach Resort in Costa Rica Listed for Sale With 36 Acres and Expansion Rights

Sugar Beach Resort is located on Playa Pan de Azúcar in Guanacaste, Costa Rica. The property covers 36.34 acres of beachfront land. It is situated southwest of Peninsula Papagayo and near the town of Las Catalinas. The resort was originally developed in the 1990s and has undergone multiple renovations, including a recent multi-million-dollar upgrade.

Resort Facilities and Amenities

The current resort complex includes 48 guest rooms, a pool, spa, restaurant, and an oceanfront wellness center. Additional facilities include retreat and conference venues, four apartments, and a beachfront residence. The property is fully operational, including food and beverage services, and is ready for rebranding or continued operation.

Infrastructure and Utilities

The resort has established infrastructure to support current and future operations. This includes a high-producing freshwater well, an expandable wastewater treatment facility, and in-place utility systems. The property holds a water concession valid through June 2030, ensuring continued water access for operations and potential expansion.

Development and Expansion Potential

Sugar Beach Resort offers future development opportunities. The property includes over 13 acres of land suitable for additional construction, with 500 feet of beachfront available for new projects. There is potential for developing a boutique hotel or branded residences on both oceanfront and hillside sections of the site. The infrastructure is designed to support expanded guest capacity and redevelopment.

Location and Accessibility

The resort has over 1,600 feet of beachfront along Playa Pan de Azúcar. It is located minutes from Las Catalinas and Playa Flamingo. The Guanacaste region is noted for its tourism growth and proximity to other resort destinations.

Operational Status

Sugar Beach Resort is currently fully operational. All guest accommodations, amenities, and services are in place. The property is positioned for immediate income generation and requires minimal transition time for new ownership or rebranding.

Sale Offering Details

The sale includes the following components: – The entire beachfront resort complex, with all buildings, improvements, and furniture, fixtures, and equipment (FF&E) – 48 guest rooms, pool, spa, restaurant, wellness center, retreat and conference venues, four apartments, and a beachfront residence – Water concession rights and a freshwater well – Expandable wastewater treatment facilities and infrastructure – Entitlements for future development on over 13 acres of land

Potential for Combined Development

The offering notes the possibility of combining the Sugar Beach Resort property with adjacent land associated with Las Catalinas. This could create a larger beachfront resort or residential development with enhanced privacy and additional amenities.

Summary

Sugar Beach Resort in Guanacaste, Costa Rica, is now available for purchase. The offering includes a 36-acre beachfront property with existing resort operations, infrastructure, and entitlements for further development. The property’s location, operational status, and expansion potential are highlighted as key features of the sale.

Inquire at CBRE.