Lookout Suites – Ocean-View Boutique Hotel in Playas del Coco

🌅 Lookout Suites – Ocean-View Boutique Hospitality Property in Playas del Coco

Set on the hillside with sweeping views of the Gulf of Papagayo, Lookout Suites is a four-level ocean-view hospitality property featuring a rooftop restaurant and panoramic sunset vistas from every room and terrace. 🏝️ Just a 5-minute drive to Coco Beach and 25 minutes from Daniel Oduber Quirós International Airport (LIR), this property offers a rare combination of prime location, breathtaking views, and built-in restaurant income.

🏢 Property Overview

• Year Built: 2008 (Remodeled & Updated) 🛠️
• Construction: Approx. 557 m² (6,000 sq. ft.)
• Lot Size: 490.43 m²
• Levels: 4 (Studios + Penthouse + Rooftop Restaurant)
• Maximized Layout: Built close to property lines to maximize interior & terrace space

📍 Layout by Floor

First Floor
✔ 4 studio rooms – private bath + AC 🌬️
✔ 1 laundry room 🧺
✔ 1 larger room – kitchenette + private bath 🍴

Second Floor
✔ 5 studio rooms – private bath + AC
✔ 1 larger room – kitchenette + private bath

Third Floor – Penthouse Apartment
✔ 2 bedrooms 🛏️
✔ 2 full bathrooms 🚿
✔ Kitchen & living area 🍳🛋️
✔ Terraces with ocean views 🌊

Fourth Floor – Rooftop Restaurant
✔ Open-air dining for approx. 60 guests 🍽️
✔ Currently leased to The Lookout Restaurant – popular for sunsets & top reviews 🌅

🛏️ Accommodation Summary

✅ 9 Studio Rooms – private bath, AC, ocean views
✅ 2 One-Bedroom Suites – kitchenette + living area
✅ 1 Two-Bedroom Penthouse Apartment
✅ All rooms face the Pacific Ocean and surrounding mountains 🌴
✅ Independent AC, hot water, WiFi, TVs
✅ Infinity-edge pool with ocean views 🏊♂️
✅ On-site laundry & parking 🚗

💰 Built-In Income – Restaurant Lease

The rooftop restaurant is under a long-term lease to The Lookout Restaurant, delivering consistent monthly income regardless of how the accommodation portion is managed.

🔑 Flexibility for New Owners

The property is currently not operating, allowing a new owner to choose the direction:
✔ Boutique hotel 🏨
✔ Vacation rental suites (Airbnb/VRBO) 🌴
✔ Bed & breakfast concept 🍳
✔ Group retreats, diving/fishing trips, weddings, private events 💍
✔ Live in the penthouse while managing the rest

Previous ownership successfully operated it as both a hotel and vacation rental property, with remote management via synchronized booking software.

🌴 Location Advantages

✅ Short drives to Coco, Ocotal, Hermosa, and Panamá beaches 🏖️
✅ Playas del Coco amenities – supermarkets, banks, medical services, restaurants, dive shops 🛍️
✅ Papagayo region highlights – fishing, scuba diving, boating, outdoor activities 🐠⛵
✅ Volcanoes, hot springs, and ziplining within an hour 🌋

This is a rare opportunity to acquire a view-driven hospitality property with existing income, flexible operating models, and one of the most iconic sunset rooftop locations in the area.

🏷️ Key Details

• Land Size: 490.43 m²
• Construction: Approx. 557 m² (6,000 sq. ft.)
• Levels: 4 (Rooms + Penthouse + Rooftop Restaurant)

🏖️ Amenities

✔ Balcony & Terrace
✔ Ocean Views 🌊
✔ Air Conditioning 🌬️
✔ Fully Furnished 🛋️
✔ Infinity Pool 🏊♀️

📩 Contact us today to schedule a visit—virtual or in-person—and explore this incredible ocean-view investment property in Playas del Coco.