Great opportunity to invest... This NEW apartment building is for sale in Santo Domingo de Heredia, with a current occupancy rate of 100% and a return on investment close to 12% per year. Currently, 2,670,000 colones per month ($4,900) are received for rent. The area of the lot is 820m2 and the building has a constructed area of 450m2. The price is a real bargain: 229 million colones ($420,000). The apartments in this building are rented very quickly in a few days, and it is enough to advertise the vacancy for free on some local social networks. The building has never been with vacant apartments for more than a week.

The 3 story building is located within a very quiet and safe residential area that has 2 guarded access points with security booths, needles, and 24/7 guards. There are 8 (plus) apartments with bathroom, kitchen, living/dining room, and laundry room, of which 7 are 2-bedroom and one is a 1-bedroom apartment. All apartments enjoy very good lighting and natural ventilation. Tenants will enjoy the beautiful views of the mountains and the forest that surrounds the building at the back. It has parking for 6 cars and an electric gate at the entrance.

Santo Domingo, in the province of Heredia, has a privileged population of 40,000 inhabitants (2011) and is located at an altitude of 1,230m above sea level. The climate here is relatively cooler than in its neighboring city of Tibás, which belongs to San José, and it is precisely, along with Tibás, one of the 2 most sought after places by those looking for a place to live, renting a house or apartment. From Santo Domingo it is very easy to travel to San José, National Route #32 that reaches Limón on the Atlantic Coast, Inter-American Route #1 that connects with Guanacaste and Cartago, Costanera Route #27 that reaches Quepos and Puntarenas in the Pacific Coast, and the rest of the beautiful cantons of the province of Heredia. This building is a faithful example of the constant demand for places to rent in Santo Domingo, because whenever a tenant has decided to evict, an ad is placed on social networks, and it never takes more than 5 days to be occupied by someone again .

Do not miss this great investment opportunity. Schedule your appointment as soon as possible.