Very centric property, with more than 10 beaches at 15-25 minutes and minutes away from amenities.
Abundant nature, including lots of frutal trees attracting monkeys, birds, squirrels, and many more.
Great investment opportunity - Plenty of land for expansion, ideal for multi family living complex.

Investment Property for Sale: Versatile Studios and Development Potential

Discover a great investment opportunity encompassing four newly remodeled, fully equipped, and furnished studios within a rustic-designed building. This property, spanning approximately 145m2, combines the charm of teak features on the ceilings with a solid concrete block construction, ensuring durability and aesthetic appeal.

Property Features:

Studios: The property includes 4 recently remodeled studios, each designed to offer modern comfort and functionality, making them ideal for both short-term and long-term rentals.

Construction Area: With a construction area of 145m2, the property maximizes space efficiency while maintaining a cozy and inviting atmosphere.

Parking: Ample parking space is available, providing convenience for tenants and guests.

Development Potential: Beyond the existing studios, this property offers substantial development potential. Three vacant lots totaling 2,220m2 are included, along with the land where the studios are located, totaling 2,724m2 of terrain. This presents opportunities to expand the current rental offerings or develop up to three new single-family homes/Duplexes, capitalizing on the demand for residential properties in the area.

Investment Opportunity:

Income Potential: The four studios offer immediate income generation through rentals, while the development potential adds value and future income streams.

Flexibility: Investors have the flexibility to utilize one studio for personal use while renting out the remaining units, maximizing returns.

Location Advantage: Situated in a great area suitable for both short-term and long-term rentals, the property attracts a diverse range of tenants, ensuring occupancy and income stability. It is very centrally located within all the most beautiful beaches of Guanacaste world-famous Tamarindo being only 15 minutes away and conveniences such as supermarkets, gas stations, pharmacies and international schools are all less than 10 minutes drive away.

Financial Details:
Potential Income (Development): Contact for projections based on market trends and development plans.

Don't miss out on this versatile investment opportunity that combines immediate income with significant development potential. Contact us today to schedule a viewing and explore the possibilities this property offers!

ID: 011870