RIVIERA RESIDENCES: 5 min walk to beach gated community for sale in Flamingo / Potrero Beach Costa Rica

Playa Potrero, Tempate, Santa Cruz, Guanacaste, Costa Rica

Basic Listing Information

Price:
$1,069,450
Listing ID:
CS2000005
Property Type:
Multi Unit Building
Listing Type:
Commercial Sale
Status:
Active
Images:
1
Beds/Baths:
8/8
Location Type:
Ocean-Vicinity
View Type:
Garden View, Greenbelt View, Northern View, River View, Southern View, Valley View, Western View, Wooded View
Total Lot Size:
2,300.00 m² (24,756.90 sq ft)

Listing Images

This riverside modern community consists of 5 free standing houses scattered across 27,000 square feet of consecutive riverfront land surrounded with amazingly large trees with views into the forest. The community features include a large secured parking area, a large fountain, 2 common laundry rooms, a bodega for equipment safekeeping. The newly installed astro turfthroughout the common areas with tropical landscaping provides for shade and privacy throughout the property for enjoyment by all residents. The Marina under full development further increases housing shortage in this area with good schools. All properties are fully rented and produce a healthy 5-6% net cash return. This property is ideal for short term, residential expansion as there is still an empty lot within the community or a boutique hotel.

See what the agent says about this listing (original title and description):

5 min walk to beach gated community for sale in Flamingo / Potrero Beach Costa Rica

This riverside modern community consists of 5 free standing houses scattered across 27,000 square feet of consecutive riverfront land surrounded with amazingly large trees with views into the forest. The community features include a large secured parking area, a large fountain, 2 common laundry rooms, a bodega for equipment safekeeping. The newly installed astro turfthroughout the common areas with tropical landscaping provides for shade and privacy throughout the property for enjoyment by all residents. The Marina under full development further increases housing shortage in this area with good schools. All properties are fully rented and produce a healthy 5-6% net cash return. This property is ideal for short term, residential expansion as there is still an empty lot within the community or a boutique hotel.

Long Description

Riviera Residences is designed to combine traditional handcrafted roof tiles with modern contemporary architecture. All units have high ceilings with glass from floor to the roof with 14,16, and 18 feet respective ceilings heights, to allow the stunning canopy to become part of every living space. Every house was designed to fit that particular location, views and privacy from other units through architectural and landscaping design. There are unobstructed green views from every home toward the river and there is a farm on the other side of the river bank. Surfside - Playa Potrero - Playa Flamingo. Potrero Beach is less then a 5 min walk from the residences. Simply turn left leaving the gate and you will reach the ocean. You can even hear the ocean break from the property itself. MerKado and Wendy Grocery stores are about 10 min walking distance with at least 15 restaurants in the immediate area. Here we ask what beach you want to go to as we are within minutes of the nicest beaches in the country (Playa Piratas, Mina, Conchal, Flamingo, Penca, Prieta, Pan de Azucar, Dantita, Zapotal, etc. are all stunning white sand beaches. With Brasiltio, Danta, Potrero beaches being stunningly beautiful just a little darker in sand color. Surfing just south in Tamarindo, Playa Grande, Avellanas, Negra,... and a boat ride to Ollie's Point and Witch's Rock just north offers world class surfing all year long. This is also one of the fishing spots in the world with Coco, Flamingo, Tamarindo offering daily fishing tours in multitude to match your budget. The new marina in full development since last year, will ensure this is a good investment opportunity no matter how you look at it. Contact to speak about this solid opportunity and how to double the ROI by simply switching to long term rentals. Note: motivated seller!

Details
Roof Type: Roof Tile
Number of Units: 5
Number of Bedrooms: 8
Number of Full Bathrooms: 8
Number of Rooms: 15
Number of Stories: 1
Total Interior Area: 1,100.00 m² (11,840.25 sq ft)
Total Area under Roof: 1,200.00 m² (12,916.64 sq ft)
Total Lot Size: 2,300.00 m² (24,756.90 sq ft)
Lot Dimension Comments: 4 consecutivee lots surrounded by a wall towards the east and road
Floor Type: Tile
Construction Status: Completed
Construction Status Comment: 4 new and 1 remodeled
Construction Type: Concrete Block, Glass, Steel
Year Built: 2019
Appliances Included: Dryer, Freezer, Grill, Microwave, Oven, Refrigerator, Stove, Washing Machine
Air Condition Type: Multiple Wall Units
Furnished Type: Fully
Pool: Yes
Jacuzzi: No
Parking Type: Detached Carport, Guest Space(s), Parking Lot
Number of Parking Spaces: 8
Telephone: No
Internet: No
Television: No
BBQ: Yes
Geography
Location: Playa Potrero, Tempate, Santa Cruz, Guanacaste, Costa Rica
Country: Costa Rica
State: Guanacaste
County: Santa Cruz
District: Tempate
City/Town: Playa Potrero
Location Type: Ocean-Vicinity
Geographic Type: Dry Forest
View Type: Garden View, Greenbelt View, Northern View, River View, Southern View, Valley View, Western View, Wooded View
Precipitation: Seasonal
Features
Interior Features Included: Bar, Ceiling Fans, Fully Equiped Kitchen, Great Room Floorplan, Laundry Room, Natural Wood Finishing, Screened Porch, Sliding Glass Doors, Storage Room, Water Heater
Exterior Features Included: Covered Patio, Fenced Yard, Garden, Outside Seating-Area, Storage Shed, Water Faucets
Amenities Included: Lawn Service, On-Site Maintenance, Water
Community Features: Atrium, BBQ, Club House, Lawn/Garden Service, Play Ground, Pool, Pool Service, Storage Space
Security Features: Perimeter Fencing, Security Wall
Infrastructure
Street Access Type: Unpaved Road
Type of Water: Bore Hole, City Water, Water Tank, Well Water
Type of Sewer: Septic
Type of Internet: Cable Internet
Type of Television: Cable Television
Type of Electricity: Public
Telephone Available: Yes
Financial/Legal
Price per Air-Conditionable Living Area: $972.23/m2 ($90.32/sqft)
Price per Total Area Under Roof: $891.21/m2 ($82.80/sqft)
Price per Square Meter: $464.98/m2 ($43.20/sqft)
List Price: $1,069,450
Ownership Type: Fee Simple

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