Under Contract 7 apartments on 3 seperate lots in Villareal

Price
$699,000
Price/M²
$1,420
Bathrooms
8

Under Contract 7 apartments on 3 seperate lots in Villareal

Category

Sale

Published

05/08/2023

Location

Tamarindo

Price

$699,000

Price/M²

$1,420

Lot Size in m²

2028

Benefits

#f_appliances#
Near School
Near Transit
Water system
Electrïcity

Property

- Very good return on investment with long term rentals - approx 10% ROI
- Very conviniently located close to amenities, restaurants, schools and Tamarindo only 10 minutes.
- Great offer on global deal including 3 seperate properties,but can be purchased or sold individually

Welcome to Libelula apartment complex,
Conveniently located only 10 minutes from Tamarindo in the Villareal area, close to schools, restaurants, supermarkets, and much more.
The complex is made up of 7 apartments of different sizes, distributed on 3 adjoining lots separated at the cadastral level, surrounded by green nature. It is an ideal property for an investor looking to generate returns on their investment of around 10% with long-term rentals, currently all the units are rented for a sum of $5,400 dollars per month which is equivalent to $64,800 dollars per year and with low maintenance costs since the constructions are relatively new, 2019 & 2021.

Combo deal for all 3 properties is offered at $600.000 USD and direct seller financing is also offered if desired.
Do not hesitate to contact us to schedule your visit to the investment property.

The distribution of the property is as follows and each lot can be purchased independently;

• Lot #1: This 676 M2 lot has;
2 independent houses with 2 Bedrooms/1 Bathroom per unit (terraces, parking, garden), fully utilized land.
Price: $200,000
Current Rent: US $1,500 per month

• Lot #2: This 676 M2 lot has;
+ Building with 2 apartments with 2 Bedrooms/1 Bathroom per unit
+ An independent House with 3 bedrooms/1 Bathroom
Price: $340,000
Current Rent: $2,500 per month

• Lot #3: This 676 M2 lot has;
2 houses with 2 Bedrooms/1 Bathroom per unit (terraces, parking, garden) with the possibility of building one more small house (or pool, cellar, etc.)
Price: $200,000
Current Rent: US $1,400 per month

CONTACT: Daniel Goren

NATIVU ID: 0111830

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