The Lucky Bug Boutique Hotel is a boutique hotel for sale with lake views in Nuevo Arenal, Costa Rica. It sits on a private 5-acre estate in the Lake Arenal region.
This established hospitality property brings together three income streams: Lucky Bug Bed and Breakfast, Restaurante Caballo Negro, and Lucky Bug Gallery / Retail Space. Together, they create lodging, food and beverage, and retail income potential in one distinctive destination.
The property includes five guest suites, a private four-bedroom owner residence, landscaped gardens, outdoor lounge areas, walking trails, and a peaceful private lake setting. Its rainforest surroundings, lake views, local art, and on-site dining create a memorable guest experience near Lake Arenal.
For owner-operators, The Lucky Bug also works as an income property with owner home in Costa Rica. The residence supports onsite living while the guest suites, restaurant, and gallery serve visitors, locals, and expats.
Learn more in the Nuevo Arenal community guide.

This hospitality estate combines an established operating business with comfortable residential living in Nuevo Arenal, Costa Rica. It offers clear income potential, onsite owner use, and three business components in the Lake Arenal region.

The Lucky Bug Boutique Hotel is a boutique hotel with lake views in Nuevo Arenal, Costa Rica. It offers buyers an established lodging business with operating capacity and future upside in the Lake Arenal region.
Set on a private 5-acre estate, the property operates as a boutique hotel and bed and breakfast. It includes five guest suites, each blending contemporary comfort with rustic character. Each suite overlooks forest surroundings and a private lake. As a result, guests enjoy scenic lake and forest views throughout their stay.
As a boutique lodge near Arenal Volcano, Costa Rica, the property appeals to nature-focused travelers. It also offers convenient access to one of Costa Rica’s most recognized destinations. Guests can relax in outdoor lounge areas, explore private walking trails, and enjoy a peaceful natural setting.
The on-site restaurant serves Costa Rican cuisine prepared with locally sourced ingredients in a cozy dining setting. In addition, the gift shop and retail area create another revenue opportunity. The existing commercial structure also allows room for a café, wellness use, expanded retail, or added guest services.
For owner-operators, this is an income property with owner home in Costa Rica. The private four-bedroom residence supports comfortable onsite living while maintaining guest privacy. Meanwhile, an experienced team supports daily operations and a smoother ownership transition.
With lake views, forest surroundings, private trails, landscaped gardens, and a nature-focused setting, The Lucky Bug offers strong appeal near Lake Arenal. For buyers seeking a hotel investment opportunity in Nuevo Arenal, Costa Rica, it combines lodging, dining, retail, and owner living in one established estate.
The Lucky Bug offers buyers three complementary business opportunities in one established property.
Boutique Hotel & Bed and Breakfast
Five guest suites offer forest and lake views, trained staff, recognized brand presence, and immediate lodging income potential.
Restaurante Caballo Negro
This established on-site restaurant serves hotel guests, locals, expats, and visitors. It includes a fully equipped commercial kitchen and food and beverage income potential.
Lucky Bug Gallery / Retail Space
This distinctive gallery and retail area features original Costa Rican artwork. It also offers gift shop income potential and room for expanded retail or guest services.
Nuevo Arenal is a quiet lakeside town in Costa Rica’s northern highlands, beside Lake Arenal. The area offers a cooler climate, mountain views, lush landscapes, and a relaxed pace.
Daily essentials are nearby, including restaurants, cafés, shops, healthcare services, and local businesses. As a result, the area supports full-time living, extended stays, and guest travel.
The Lucky Bug sits about 2 km from Nuevo Arenal town and near Lake Arenal. The lake adds strong lifestyle appeal, with kayaking, paddleboarding, fishing, sailing, and scenic views.
Arenal Volcano National Park is approximately 34 km away, with drive times around 40 minutes. La Fortuna is approximately 46 km away, with drive times often around 50–60 minutes.
In addition, the location supports regional day trips. Monteverde Cloud Forest Reserve is about 70 km away, with drive times varying by route and road conditions.
For buyers exploring the Nuevo Arenal real estate market, this property offers practical access, natural beauty, and onsite owner living. It also supports hospitality demand near Lake Arenal and Arenal Volcano.
Own a turnkey hospitality business for sale in Costa Rica with a boutique hotel, restaurant, gallery, and private owner residence near Lake Arenal.
Contact us today to request financial records, occupancy history, operational details, or a private tour of The Lucky Bug Boutique Hotel.
Costa Rica Real Estate CR
Gina Briguglio
Licensed Realtor in Costa Rica
CIPS Certified | Member of CRGAR & NAR
30+ Years of Real Estate Experience
+506.8423.4370 | +312 399 2857
info@costaricarealestatecr.com
costaricarealestatecr.com
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