Overview

Fantastic investment opportunity! 12 Apartments and 2 houses on two side by side lots in

Villarreal! Total lot size of 1,523m2 (16,400sqft) 5 minutes to popular Playa Tamarindo, and

walking distance to all amenities in Villarreal.

KRAIN_Apartamentos Monte Alto
Price
$520,000
Listing ID
CS2000055
Property Type
Multiplex
Listing Type
Commercial Sale
Status
Active
Images
13
Beds/Baths
26/14
Location Type
Urban
View Type
Garden View, Mountain View, Valley View, Western View
Total Lot Size
1,523.60 m² (16,399.83 sq ft)

Description

Fantastic investment opportunity! 12 Apartments and 2 houses on two side by side lots in

Villarreal! Total lot size of 1,523m2 (16,400sqft) 5 minutes to popular Playa Tamarindo, and

walking distance to all amenities in Villarreal.

The building consists of 10, 2 bedrooms and 2, 1 bedroom apartments on the 523.60m2 lot and

2, 2 bedroom houses on the 1000m2 lot. The fully fenced houses are built to one end leaving

2/3 of the lot undeveloped and ready for expansion. This is a great added bonus for investors

with vision. More condos, houses or even an in ground pool, to increase the rental value per

suite and the overall value of the property! In it’s current condition, at full rental capacity the

building generates approximately $48K-$55K per year. A solid return on investment!

Villarreal is within a 10-20 min. drive to numerous world class Costa Rican surf beaches,

national parks, 5 minutes to Tamarindo and only 45min to the international airport in Liberia.

Take advantage of the temporary boarder closure and lock in this investment property.

Details

Number of Units
14
Number of Bedrooms
26
Number of Full Bathrooms
14
Unit Floor
1
Number of Stories
2
Total Interior Area
506.00 m² (5,446.52 sq ft)
Total Area under Roof
692.00 m² (7,448.60 sq ft)
Total Lot Size
1,523.60 m² (16,399.83 sq ft)
Floor Type
Tile
Construction Status
Completed
Construction Type
Concrete, Concrete Block
Year Built
2010
Air Condition Type
Multiple Wall Units
Furnished
No
Pool
No
Jacuzzi
No
Parking Type
Other
Number of Parking Spaces
9
Telephone
Yes
Internet Types
Cable Internet
Television Types
Standard Cable TV
BBQ
No
Location
Playa Tamarindo, Tamarindo, Santa Cruz, Guanacaste, Costa Rica
Country
Costa Rica
State
Guanacaste
County
Santa Cruz
District
Tamarindo
City/Town
Playa Tamarindo
Zip Code
50309
Location Type
Urban
Geographic Type
Dry Forest
View Type
Garden View, Mountain View, Valley View, Western View
Street Access Type
Paved Road
Type of Water
City Water
Sewer Available
No
Type of Internet
Cable Internet
Type of Television
Cable Television
Type of Electricity
Public
Telephone Available
Yes

Pictures

Map

Video

Disclaimer

Information regarding this property has been provided by its owner and/or the owner's agent. Propertyshelf Ltda verifies basic listing data but will not be held responsible for the information contained herein. For more information on ownership risk, please see the legal description. When purchasing property, clients are advised to consult with their own attorney.