Large residential property with excellent rental income just 10 minutes from the center of Tamarindo

Price
$935,000
Price/M²
$2,077
M² of construction
450
Bedrooms
10
Bathrooms
10
Parking
4

Large residential property with excellent rental income just 10 minutes from the center of Tamarindo

Category

Sale

Published

12/01/2024

Location

Tamarindo

Price

$935,000

Price/M²

$2,077

Lot Size

3300

Address of Property

Villarreal, Guanacaste, Costa Rica

Balcony/Terrance

terrace

Swimming pool

yes

Benefits

Garden or Park
Social Area
BBQ Area

Property

Comprising 3 lots, this property features 7 buildings and a pool surrounded by a lush tropical garden. Currently, 6 out of the 7 buildings are already rented, generating significant income throughout the year. The owners live in the main house, making it an excellent investment property located 10 minutes from Tamarindo in Villarreal, an area in high demand for rentals due to tourism.
This beautiful residential complex is distributed as follows:
- The main house is 165 m2 and has 3 bedrooms, 2 bathrooms, a living room, kitchen, dining room, a large terrace, and its spacious interior design highlights the tropical style that adds comfort and warmth to each space. Outside, a 40 m2 pool with 2 ranchos, a barbecue area, and a sunbathing area of approximately 30 m2 make it a highly welcoming and versatile place, perfect for family and friends' gatherings.
- There are 3 individual and identical houses of 95 m2 each, each with 2 bedrooms, 2 bathrooms, a living room, dining room, kitchen, and a large terrace.
- In addition, there are 2 bungalows of 25 m2 each, with 1 bedroom, a bathroom, a living room, kitchen, and dining area.
- There is a storage room with a studio to be renovated, approximately 30 m2.
- The property is sold furnished and with air conditioning.
- There is an electric gate for added security and control of property access.
- In addition to public water, there is an artisanal well that is currently not in use but can be reactivated.

The property features fruit trees such as mango, coconut, lemon, orange, among others, and the garden also includes a guanacaste tree, beautiful palm trees, and other trees and lush shrubs that beautify the property, making it look like a true tropical paradise.

Our opinion: This is an opportunity to own a property where you can live and enjoy existing, substantial income. You have the option to rent all the residences and achieve a significant return on investment through rentals. Furthermore, there is potential to expand this project, further increasing income.

Price: $935,000
Construction: 450 m2
Land: 3,300 m2
Pool: Yes, 40 m2
Shops: 5 minutes
Beaches: 10 minutes

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