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Multi Units Investment Property In Tamarindo For Sale

Playa Tamarindo, Guanacaste, Costa Rica
Asking Price:
$630,000 (USD)
Sales Revenue:
$60,000 (USD)
Cash Flow:
Not applicable

If you’re looking for a place for yourself and an income you can easily make from home, don’t look any further ! This multi units apartments property is perfect ! 

Located in the center of Villareal and only a few minutes to Tamarindo beach. Nearby the most beautiful beaches of Guanacaste. And close to schools, restaurants, stores, supermarkets ….

The property consists of 8 apartments, a pool, a rancho with barbecue, 2 laundry rooms and a storage. There’s also a small outdoor picnic area. The owners’ apartment includes 2 bedrooms (one master), 2 bathrooms, sitting room, kitchen, large terrace and a large storage. This unit can easily be rented for 1200 to 1500 $ / month.

The other apartments have one bathroom and one bedroom each.

The property is on 2 segregated lots next to each other. The units are on the bigger one ( 1000 m2) and there is another 500 m2 on the second lot. The second lot is currently used as a parking space but there's a lot of space left for expansion !

The street access to the property is now secured with an automatic gate so only the owners and people living in the street are able to get inside.

You will never run out of water thanks to the water tank. Very economical regarding the power consumption, with the solar panels heating the water. There’s even space left for expansion !! It’s very easy to run. The expenses are very low and the profitability is very good.

Good ROI guaranteed !!

Property Information

Real Estate:

Real Property Included

Living Accommodation:

One of the apartments could be used for living as the current owners do.

Location:

In the center of Villareal. A few minutes to Tamarindo. Close to all the amenities.

Size in square feet:
16,146

Business Operation

Expansion Potential:

There's place left for expansion so other units could be built.

Competition / Market:

The apartments could be rented on long term or short rent. There is never enough places to rent either way in Tamarindo, or around.

Reasons for selling:

The sellers would like to retire as they're old.

Employees:
0
Years established:
10

Other Information

Support & training:

Very easy to run yourself or with the help of a property manager.

Home based:
This business can be run from home.