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Cornett Retreat Playa Grande, CR

Listing FBR-MB-06
  • Beds 6
  • Baths 4
  • Size 3,767.37 sq. ft
$499,000
  • Status Active, Price Drop
  • Property Type Home
  • Neighborhood Playa Grande

About This Property

Welcome to an extraordinary investment opportunity just 10 minutes from the breathtaking and unspoiled Playa Grande, one of the finest beaches in the area. This rare colonial gem offers an exceptional combination of versatility, strong rental performance, and long term upside, making it one of the most compelling opportunities in its price range.

Property Highlights:

  • Main House: 2 bedrooms and 1 bathroom, ideal for comfortable owner living or rental
  • Large Apartment: 2 bedrooms and 1 bathroom, perfect for short or long term stays
  • Cozy Apartment: 1 bedroom and 1 bathroom, a strong rental performer
  • Detached Studio: 1 bedroom and 1 bathroom, private and highly attractive for vacation guests

Outdoor Amenities:
Two ranchos for outdoor relaxation and gatherings, ready for easy conversion into additional studios
Immaculately manicured gardens that create a tranquil tropical atmosphere
Lot size of 1,000 square meters of lush land
Construction size of 350 square meters designed for functionality, privacy, and flexibility
Private entrances for each unit, offering excellent separation and guest privacy

Why This Property Stands Out:
This is a proven income producing asset with nearly 50,000 dollars in verified Airbnb direct booking revenue already generated, not projected. This represents a rare opportunity to secure a high performing property at an exceptional price. Even if you live in the main residence full time, rental income from the remaining units could deliver close to a 10 percent annual return on investment.

The upside potential is even more impressive. The two ranchos are ready for conversion into studios, unlocking substantial additional rental income. With full optimization of short term rentals, this property could realistically generate 75,000 to 80,000 dollars or more per year, pushing potential returns near 20 percent. Opportunities like this are extremely rare in today’s market and truly a no brainer investment.

This is a fully established Airbnb operation with hundreds of five star reviews and verifiable financials, offering both stability and scalability. Whether you want to operate a boutique rental business, live on site while renting multiple units, or create a flexible multi generational living compound, this property offers endless possibilities in a prime Playa Grande location.

Do not miss the chance to own a versatile, high performing property in paradise. Contact us today!

Property Details

Additional Information +