For Sale $397,000 US
Four Rental Units with Ocean View Real Estate in Costa Rica
- $397,000 USUSD
- Property ID: 3909
- Year Built: 2005
- Lot Size Acres: 2.7
- Lot Size Hectares: 1.1
- 4 Bathrooms:
- 4 Bedrooms:
This great piece of income real estate in Costa Rica is located on the South Pacific coast, in the sensational international community of Ojochal. This four unit villa property is alight with the vibrant colors of the sea and of the Costa Rican rainforest! Your senses will be overwhelmed by the salty ocean air, the variety of tropical flowers and the colorful variety of butterflies that visit each day.
Invite your guests from around the world to this popular eco-tourism destination for its paradise-like surroundings, with close access to a host of ecological, cultural and adventure activities. The current owner rent three of the four units and earns a significant vacation rental income during the high-season.
Built in 2005, these 4 units are made of local wood and concrete. Each unit has beautiful cathedral ceilings that offer great air circulation and large windows that capture the delicious mountain breezes. Each unit feels full of life and yet offers a private and enjoyable experience for multiple guests to share at once.
Every individual apartment is equipped with a private kitchen that includes a stove, microwave, coffee machine, toaster, and fridge. The living rooms all have a hide-a-bed for additional guest occupancy. The apartments also feature a private bathroom with shower and hot water, a closed bedroom that is air conditioned, and a private patio that fronts the swimming pool and overlooks the sea.
This already great piece of real estate in Costa Rica can have direct access from the Costanera which will give the property more appeal for the easy and quick drive up. Two quotes have been obtained from two reputable road engineers. The seller also has architectural plans for the addition of a second floor that would host the owner’s suite. It would capture the ocean and mountain views spectacularly and open extra space for increased revenue potential.
An additional 1.24 acre ocean view lot is available above this property to add on to the business or to build a private owners house. Available for an addition $120,000.