Beautiful cabins in the middle of a quiet road, at a walking distance to all of Tamarindo´s amenities.

Listing Images

Basic Listing Information

Price
$450,000
Listing ID
RS1600674
Property Type
Multiplex
Listing Type
Residential Sale
Status
Active
Images
14
Beds/Baths
4/4
Beds
4
Baths
4
Total Lot Size
498.00 m² (5,360.41 sq ft)
Total Living Area
319.00 m² (3,433.67 sq ft)
Location Type
Ocean-Vicinity
View Type
Eastern View
Location
Playa Tamarindo, Tamarindo, Santa Cruz, Guanacaste, Costa Rica

More about this property

A really unique property in Tamarindo. Cabinas Madera Azul property consists of four lovely two story cabins built completely with local wood. With their bright blue and white color scheme wooden facades, the cabins seem to have been taken from the Netherlands Antilles and placed in a 500 m2 (5 360 sq. ft.) lot right in the middle of Tamarindo´s residential area. The location could not be better, a quiet secondary road, just a couple blocks away from the beach. Restaurants, water sport activities, supermarkets, shops, are all at a short walking distance from the property. In the ground level, each of the four wooden cabins of 71 m2 (767 sq. ft.) has a cozy front porche, a basic equipped kitchen with a refrigerator and stove, dining and living area with a ceiling fan and a full bathroom with nice small Spanish tiles. One of them has a mini split A/C unit in this living area as well. The bedrooms are upstairs in each one. They have A/C, a closet and a balcony. Wooden beams and walls in a terracotta color give a lot of charm to the interior of each of the four mini-homes. The cabins are distributed in an L-alignment around a beautiful central area with lots of shade from local trees and palm trees. There is a barbecue in the middle. A 16 m2 (172 sq. ft.) storage room or workshop with A/C is the fifth built element within the property. The sale includes all furniture, six mini split A/C units installed and two washing machines. The complex could be exploited as a rental revenue investment, both with long term tenants or in vacation rentals. Market analysis has proven that in a vacation rental model, the property would easily net at least around USD$30,000.00 a year without much effort. It could represent an investment with a yearly ROI between 6%-12% and it would allow the owner to live in it for free by occupying one of the cabins and renting the other three. The property requires low and easy maintenance at a low cost. This is a wonderful property in a great location.

Details
Roof Type Metal
Number of Units 4
Number of Bedrooms 4
Number of Full Bathrooms 4
Number of Stories 2
Total Living Area 319.00 m² (3,433.67 sq ft)
Total Lot Size 498.00 m² (5,360.41 sq ft)
Floor Type Tile, Wood
Construction Status Completed
Construction Type Concrete, Wood
Year Built 2007
Additional Rooms Other
Appliances Included Dryer, Grill, Oven, Refrigerator, Stove, Washing Machine, Other
Air Condition Type Wall Unit
Furnished Type Fully
Pool No
Jacuzzi No
Parking Type Street
Number of Parking Spaces 2
Telephone No
Internet Types Cable Internet
Television No
BBQ Yes
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 Ocean-Vicinity
Geographic Type Dry Forest
View Type Eastern View
Elevation 10.00 m (32.81 ft)
Precipitation Moderate
Average Temperature 30 °C (86 °F)
Features
Interior Features Included Ceiling Fans, Fully Equiped Kitchen, Multiple Master Suites
Exterior Features Included BBQ Grill, Balcony, Detached Guest House, Garden, Outdoor Shower, Storage Shed
Amenities Included Internet
Security Features Perimeter Fencing
Infrastructure
Street Access Type Unpaved Road
Type of Water City Water
Type of Sewer Septic
Type of Internet Cable Internet, DSL Internet, Dial-Up Internet
Type of Television Cable Television, Satellite Television
Type of Electricity Public
Telephone Available Yes
Financial/Legal
Price per Air-Conditionable Living Area $1,410.66/m2 ($131.05/sqft)
Price per Square Meter $903.61/m2 ($83.95/sqft)
List Price $450,000
Ownership Type Legal Corporation

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