Libelula Apartment Complex – 7 Apartments on 3 Seperate Lots Villareal, CR

Welcome to Libelula apartment complex!

Situated just a short 10-minute drive from Tamarindo in the Villareal area, our complex offers an ideal location near schools, restaurants, supermarkets, and more. Nestled amidst lush greenery, the property comprises 7 apartments of varying sizes spread across 3 adjacent lots, each separated at the cadastral level.

This property presents a lucrative investment opportunity, with all units currently rented out for a total of $7,600 per month ($91,200 annually). With a potential return on investment of approximately 10% from long-term rentals, this is an attractive option for investors. The constructions are relatively new, with the latest studio completed in 2023, resulting in low maintenance costs.

For those interested in acquiring all 3 properties together, a special combo deal is available at $699,000 USD. Seller financing options are also provided for added flexibility. Each lot can be purchased independently as well.

Here's a breakdown of the property distribution:

Lot #1:
- 676 M2 lot with 2 independent houses (2 Bedrooms/1 Bathroom per unit), terraces, parking, and garden.
- Price: $199,000
- Current Rent: $2,000 per month

Lot #2:
- 676 M2 lot with a building housing 2 apartments (2 Bedrooms/1 Bathroom per unit) and an independent house with 3 bedrooms/1 bathroom.
- Price: $299,000
- Current Rent: $3,000 per month

Lot #3:
- 676 M2 lot with 2 houses (2 Bedrooms/1 Bathroom per unit), terraces, parking, and garden. Potential for construction of an additional small house, pool, cellar, etc.
- Price: $259,000
- Current Rent: $2,600 per month

Don't miss out on this fantastic investment opportunity! Contact us today to schedule a visit to the property.