Located in the heart of historic Barrio Amón in San José, this property represents a solid opportunity within the commercial real estate Costa Rica segment, combining heritage value, active operation, and long-term development potential. The property is the well-known Hotel Dunn Inn, a 1929 mansion that has been carefully adapted, preserving its traditional architectural elements while integrating updates that support its current use as a boutique hotel.

The asset consists of five consolidated lots totaling 1,634 m², under Mixed Residential Commercial (ZMRC) zoning. It currently operates with 28 bedrooms and 29 bathrooms, following a renovation completed in 2022, allowing for immediate continuity within the income properties Costa Rica market. The property also includes complementary areas such as a tropical-style restaurant, bar, business center, and private parking, supported by a loyal client base and experienced staff.

Beyond its current operation, the property offers a strong strategic component for investors and developers. With a height coefficient of 2.50, the site allows for the development of up to approximately 10,437 m² across a seven-story structure. This potential positions the property as a notable development opportunity Costa Rica within the capital’s urban core, whether through vertical expansion, a mixed-use project, or a repositioning of the existing hospitality concept while preserving the historic façade.

An additional differentiating factor is the existing casino license, which is increasingly difficult to obtain under current regulations. This feature significantly expands the potential for diversified revenue streams for hospitality operators.

The location further strengthens the investment profile. Barrio Amón is known for its architectural heritage, cultural offerings, and growing urban activity. The property sits just minutes from downtown San José, near the National Theater, museums, and galleries, within a highly walkable environment that supports both tourism and commercial activity. Its proximity to key roadways also provides efficient connectivity to Heredia, La Uruca, the international airport, and the western suburbs of the Greater Metropolitan Area.

One of the five lots currently serves as a parking area and connects directly to the rear section of the hotel, addressing one of the main challenges of downtown properties.

Overall, this property balances immediate cash flow with clear long-term appreciation potential, within a well-established urban location supported by strong fundamentals. It represents a relevant option for those seeking a real estate investment Costa Rica with multiple pathways for growth and adaptation to evolving market dynamics.