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Commercial Guanacaste Costa Rica | Under Contract 7 apartments on 3 seperate lots in Villareal - Great ROI

Price
$699,000
Bathrooms
8
Lot Size
2028

Commercial Guanacaste Costa Rica | Under Contract 7 apartments on 3 seperate lots in Villareal - Great ROI

Location

Guanacaste

Published

20/06/2024

Price/m² of construction

$1,420

Price/m² of land

$344.67

492

Exactly adress of property

Villareal

Benefits

A/C
Furnished

Details

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 $7,600 dollars per month which is equivalent to $91,200 dollars per year and with low maintenance costs since the constructions are relatively new, 2019 & 2021 with the newest studio completed 2023.

Combo deal for all 3 properties is offered at $699.000 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: $199,000
Current Rent: US $2,000 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: $299,000
Current Rent: $3,000 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: $259,000
Current Rent: US $2,600 per month