6 Unit Multifamily Pre-sale Building - Ideal Rental in Escazu

Price
$1,150,000
Price/M²
$2,300
M² of construction
500
Bedrooms
2
Bathrooms
2
Parking
1

6 Unit Multifamily Pre-sale Building - Ideal Rental in Escazu

Category

Sale

Published

10/01/2023

Location

Escazú

Price

$1,150,000

Price/M²

$2,300

Property

Riverview is offering a new pre-sale multifamily investment opportunity in San Jose. These 6 units per building ideal for rental in Escazu. Contact us for full details

Riverview condominiums are located at the ideal place in San Jose, Costa Rica. They are located in the heart of the city just 1.5 km from the Escazu Village and close to the National Stadium of Costa Rica.

The condominiums are spacious 2 bedroom – 2-bathroom units. Each unit has their own private balcony, laundry room, individual parking space and storage. Riverview is comprised of 36 condos with 6 units per building in 6 buildings of 3 stories each. They are designed for a low cost of living approach utilizing the most environmentally friendly materials and design comfortable living.

Riverview is under construction and delivery of the condos will begin in December 2022.

The finishes are first class with quality porcelain flooring in the condo and top-quality anti-slip tiles in the bathrooms. The kitchen cabinetry is made of waterproof material to ensure durability with a quartz countertop. The units include lighting, wiring for high-speed Internet (fiber optic to the building) and PVC windows to ensure durability.

Riverview is located within the Vistara residential development. The amenities of Vistara are shared by Riverview. They include:

Adult and children’s pool
Multiple BBQ areas
Social areas
Children’s playroom
Co-working space
Multipurpose court (Basketball, soccer, volleyball)
Pet Park
Large Green areas
Sunset balcony
Fully equipped gym

There are several reasons why someone might choose to invest in multifamily property in Costa Rica. Some of these include:

Strong tourism industry: Costa Rica is a popular tourist destination, and owning a multifamily property in a tourist area can provide a steady stream of rental income.

Growing expat community: Costa Rica has become a popular place for expats to retire or relocate, and owning a multifamily property can provide rental income from long-term tenants.

Affordable cost of living: Compared to many other countries, the cost of living in Costa Rica is relatively low, which can make buying and owning property more affordable.

Political stability: Costa Rica has a stable political climate, which can make it a safer place to invest in real estate.

Natural beauty: Costa Rica is known for its lush tropical forests, beautiful beaches, and rich biodiversity, which can make it an attractive place to live or visit.

Favorable tax policies: Costa Rica also have some good policies for foreign investment, also a good law for property ownership and tax-wise in some cases.

All of these factors can make investing in multifamily property in Costa Rica an attractive option for some investors. However, it is important to conduct thorough research and consider all of the risks before making an investment.

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