Monte Alto Apartamentos: This investment property is a great opportunity to generate income!

Tamarindo, Santa Cruz, Guanacaste, Costa Rica

Basic Listing Information

Price
$1,390,000
Listing ID
RS2400273
Property Type
Multiplex
Listing Type
Residential Sale
Status
Active
Images
51
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)
Total Living Area
506.00 m² (5,446.52 sq ft)

Contact Information

Agency
Costa Rica Real Estate For Sale
Agent
Alejandro Berkowitz
Email
info@costaricarealestateforsale.com

Invest in this amazing property just minutes away from Playa Tamarindo, the top destination in Guanacaste for surfing and nightlife. Monte Alto Apartments has 12 fully furnished apartments, 2 two-bedroom houses, a swimming pool, BBQ rancho, and tropical gardens. The property is fully fenced, has plenty of covered outdoor space, and provides ample covered parking with security lighting and cameras. Recently renovated, it features new cabinets, appliances, tiles, paint, lighting, and a hot water system.

Details

Roof Type
Metal
Number of Units
14
Number of Bedrooms
26
Number of Full Bathrooms
14
Unit Floor
1
Number of Stories
2
Total Living 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, Remodeled, Renovated, Total Renovation
Construction Type
Concrete, Concrete Block, Metal
Year Built
2010
Year Remodelled
2023
Appliances Included
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Stove, Washing Machine
Air Condition Type
Multiple Wall Units
Furnished Type
Fully
Pool Type
Community Pool
Jacuzzi
No
Parking Type
Parking Lot
Number of Parking Spaces
12
Telephone
Yes
Internet Types
Cable Internet
Television Types
Standard Cable TV
BBQ
Yes

Geography

Location
Tamarindo, Santa Cruz, Guanacaste, Costa Rica
Country
Costa Rica
State
Guanacaste
County
Santa Cruz
City/Town
Tamarindo
Zip Code
50309
Location Type
Urban
Geographic Type
Dry Forest
View Type
Garden View, Mountain View, Valley View, Western View
Precipitation
Dry

Features

Interior Features Included
Ceiling Fans, Eat in Kitchen, Fully Equiped Kitchen, Laundry Room, Motion Detectors, Natural Wood Finishing, Recessed Lighting, Storage Room, Washer/Dryer Hookup, Water Heater
Exterior Features Included
Access to Body of Water, BBQ Grill, Balcony, Covered Patio, Fence, Fenced Yard, Garden, Maintenance Building, Outside Seating-Area, Patio, Storage Closet, Tile Walkway, Washer/Dryer Hookup, Water Faucets
Amenities Included
Internet, Security, Telephone, Television, Water
Community Features
BBQ, Lawn/Garden Service, Pool, Pool Service, Security
Security Features
Automatic Gate, Blinds, Gated, Gated Community, Gated Entrance, Perimeter Fencing, Security Lighting

Infrastructure

Street Access Type
Paved Road
Type of Water
City 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
$2,747.04/m2 ($255.21/sqft)
Price per Total Area Under Roof
$2,008.67/m2 ($186.61/sqft)
Price per Square Meter
$912.31/m2 ($84.76/sqft)
List Price
$1,390,000
Ownership Type
Legal Corporation

More about this property

Welcome to this fantastic income-generating investment property just minutes from Playa Tamarindo! Tamarindo is by far the #1 destination in Guanacaste for those searching for the perfect wave and vibrant nightlife. Monte Alto Apartments were just completely remodeled in 2023 ! This large fully fenced property has 1523 m2 (16,400 sqft) of land on 2 titled lots both sold together. The main building has 12 Fully Furnished apartments, 10 x 2 bedrooms, and 2 x 1 bedrooms. Completely upgraded from top to bottom, with new cabinets, appliances, tile, paint, lighting, and hot water! The building has a new common laundry area, owners bodega, and plenty of covered out door space to enjoy. In addition to the main building there are 2 x 2 bedroom houses each with their own entrance, fully fenced, with parking for 2 cars each. These homes back onto the new beautifully finished swimming pool, BBQ rancho and tropical gardens. The common pool area is shared by all residents, and boasts an open grassed area, fully irrigated gardens, a ½ bath, outdoor shower and additional storage room. Ample covered parking is available and complete with security lighting and Cameras. Monte Alto Apartments has an impressive 26 beds and 14 bathrooms with incredible earning potential! This property is located only 5 min from Tamarindo Beach, 10-20 minutes from some of the best surf breaks in Costa Rica, and 45 min from the International Airport in Liberia. Don’t miss out on this great opportunity to invest in a profitable income-generating property. This investment property is a great opportunity to generate income!

Listing Images