Lot: 1,200 m2 (0.3 acre)
Price: US$1, 5 million
Excellent income producing building with 14 apartments that are rented all year round. Great location in one of the best neighborhoods of Liberia. Occupancy rate is 100%. Very easy to rent and manage! A vacant apartment does not last 1 day unoccupied since there is always a waiting list of possible tenants. This is a great investment for starters in the fastest growing area of Costa Rica: Guanacaste.
Just 15 minutes away from Daniel Oduber (Liberia) Int. Airport, 20 minutes away from Peninsula de Papagayo, 30 minutes away from Hermosa and El Coco Beach, 90 minutes from Tamarindo, and Flamingo Beach.
Four of the apartments are rented fully furnished and come with living room set, dining room set, refrigerator, stove and washing machine The other 10 are rented with no furniture or appliances. Eight of the units have A/C.
The complex has a swimming pool in the common area. The bigger apartments have a 2 car covered parking spaces. The small apartments have 1 covered parking space. There are a total of 24 covered parking places and the property is all walled-in.
Income is over $7,500 US per month ($90,000 US per Year!!!!)
The sizes of the 14 apartments are as follow:
- 5 apartments of 125 square meters (1,345 square feet)
- 5 apartments of 100 square meters (1,076 square feet)
- 2 apartments of 80 square meters (861 square feet)
- 2 apartments of 50 square meters (538 square feet)