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Residential Building For Sale – 5 Minute Drive to Tamarindo Beach Playa Tamarindo, CR

Listing OL-PW-01
  • Beds 6
  • Baths 6
  • Lot Size 490 sq. m.
$499,000
  • Status Sold
  • Property Type Commercial
  • Neighborhood Playa Tamarindo

About This Property

This fully renovated, multi-unit, turn-key unit investment property is located just minutes from world-class beaches and surf breaks. This modern property boasts 6 fully furnished stylish studios, each with its own private entrance, fully equipped kitchen, and new appliances. Each unit has separate electric meters and a communal laundry area. The property has been thoughtfully updated with a new roof, air conditioning, plumbing fixtures, and tile flooring. The kitchens feature new cabinetry with stone counters and cooktops, while the bathrooms boast new water heaters. The outdoor space includes a communal BBQ area and beautifully landscaped grounds. Secure parking for 6 cars. This is a great income generator and rental opportunity, providing an idyllic setting for your next tropical escape. Live in one and rent out the other 5 units

Projected yearly revenue from long-term rent is $57,600 with a Cap rate of 9%. Earn more through short-term rentals!

**BONUS**
Room for expansion with a lot in the back of the building with its own water meter and separate deed included in the purchase price.

Property Details

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