Apartamentos Monte Alto: Investment Opportunity! Apartment Building with 2 Additional Houses!

Playa Tamarindo, Tamarindo, Santa Cruz, Guanacaste, Costa Rica

Basic Listing Information

Price:
$650,000
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)

Listing Images

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.

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

Investment Opportunity! Apartment Building with 2 Additional Houses!

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.

Long 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
Geography
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
Infrastructure
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
Financial/Legal
Price per Air-Conditionable Living Area: $1,284.58/m2 ($119.34/sqft)
Price per Total Area Under Roof: $939.31/m2 ($87.26/sqft)
Price per Square Meter: $426.62/m2 ($39.63/sqft)
List Price: $650,000
Ownership Type: Fee Simple, Legal Corporation

Print Listing

Agent Contact
Please enter your full name
Please enter your e-mail address
Please enter your country of residence.
Please enter your ZIP code.
Please enter a phone number. Some agents will not respond without one.
Please enter the message you want to send.
Search Listings