Ocean View Investment Opportunity With Proven Income

Ocean View Investment Opportunity With Proven Income
Nosara, Costa Rica
For Sale, New Listing $3,700,000.00 - Houses, Businesses
5009 Square Meters or 1.24 Acres

With a gorgeous view overlooking Punta Guiones, this spacious property has multiple living units with perfect rental histories. It is no secret that the Nosara area is constantly lacking long and short term rental homes and apartments, which is why Casa Colonial, in the “506” gated community, meets a serious need. This property comes with over 11,000 square feet of finished/furnished living areas including: one 2BR/2BA house (with a large storage space below that could be converted into living space), four luxurious apartments: one 3BR, one 2BR , two 1BR and an additional 1 BR guest room. There is also a gym and finished garage that could also be converted into an additional apartment or two studio apartments.

The property is perfectly maintained and features include a community swimming pool, a shared laundry facility, plenty of storage space, ample parking and views throughout. For those who would want expand, there is a large, flat lawn area that has a direct ocean view large enough for another building or multiple stand alone units.

This is a ‘turnkey’ opportunity that conservatively generates over $250,000/year in rental income. That number could easily be improved by renting some/all of the units for weekly vacation rentals instead of all long term rentals. In times of high inflation and turbulent economies, this is a safe and easy way to park your money, live your dream and make an excellent return.

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Agent Bram Shook- Broker

Bram grew up in Westport, CT. After graduating from San Diego State University, he stayed in San Diego for eight…
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Bram Shook- Broker