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Beautiful Multi-Family Complex Villareal, CR

Listing GL-DG-03
  • Beds 10
  • Baths 7
  • Size 3,767.36 sq. ft
  • Lot Size 3,000 sq. m.
$849,000
  • Status Active
  • Property Type Home
  • Neighborhood Villareal

About This Property

The location of this beautifully built and landscaped multifamily residential complex is ideal, it is located in a quiet area only 10 minutes drive from Tamarindo town, full of tranquility, peace, nature and close to all amenities. Tamarindo is a very touristic and active Costa Rican beach town, with many activities to do, such as incredible restaurants, fishing, surfing, horseback riding, protected natural reserve and beautiful white sand beaches. Those attractions make Tamarindo and its surroundings ideal for both short and long term rentals, additionally this property is 15 minutes away from several international schools and medical centers.

This is a great opportunity to own an income generator in a growing area, furthermore it is ideal for living in one of the units while enjoying all the lifestyle Costa Rica offers and still having a healthy return on your investment. Currently all the units are being rented as long term, and considering the vast need of long term rentals in the area, in case a unit becomes vacant it will be a short time until you find a new tenant.
The current owners carefully selected all tenants in order to have a great atmosphere in the complex since they use it as their main residence. There is an even bigger opportunity to improve income generation, the new owner can operate the property as a short term rentals.

As you enter the brand new multifamily complex through the impressive wooden electric gate, on your left you will find the first studio apartment and parking area in order to make the rest of the common area completely safe for pedestrians.
On the right side of the property you will find a very private 3 bedroom home, ideal for families or a group of friends to enjoy. Moving along to the top part of the property in the middle there is a spacious 2 bedroom home with a living area/kitchen and rooms at the back side.
On the top right corner there are two more units, one is another cute studio apartment and an additional 3 bedrooms home. Last but not least we have the enjoyable swimming pool & rancho area, perfect for entertaining your friends and a great place to get your morning coffee or yoga routine while looking at birds all around.
The complex is completely fenced, landscaped, well maintained and ready for a turnkey delivery to a new owner.

Property Distribution:

-Two independent studio apartments of 1 bedroom/1 bathroom + kitchen, each unit
-Two homes of 3 bedrooms / 2 bathrooms + kitchen + living area, each unit.
-one home featuring 2 bedrooms/ 1 bathroom + kitchen + living area.
Total of 5 units - 10 bedrooms/ 7 bathrooms
-BBQ area
-Swimming pool with a yoga deck.

Features:
Excellent location, only 10 minutes drive to Tamarindo Beach and close to all amenities
Great income generator that can work both with long or short term rentals. currently all leased.
The construction is brand new, modern, well maintained and landscaped.

Property Details

Additional Information +
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