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

Welcome to the income-generating Monte Alto Apartments just minutes from Playa Tamarindo! This fully remodeled property features 12 fully furnished apartments, 2 2-bedroom houses, a swimming pool, BBQ rancho, and tropical gardens. With 26 beds and 14 bathrooms, it has great earning potential. It's located 5 minutes from Tamarindo Beach and 45 minutes from the Liberia International Airport.

Listing Images

Basic Listing Information

Price
$1,390,000
Listing ID
CS2400047
Property Type
Commercial Condo Building
Listing Type
Commercial Sale
Status
Active
Images
51
Beds/Baths
26/14
Beds
26
Baths
14
Total Lot Size
1,523.60 m² (16,399.83 sq ft)
Total Interior Area
506.00 m² (5,446.52 sq ft)
Location Type
Ocean-Vicinity, Countryside
View Type
Garden View, Mountain View, Wooded View
Location
Villa Real, Tamarindo, Santa Cruz, Guanacaste, Costa Rica

More about this property

Welcome to this fantastic income-generating investment property just minutes from Playa Tamarindo! Tamarindo is 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 two titled lots sold together. The main building has 12 Fully Furnished apartments, 10 x 2 bedrooms, and 2 x 1 bedrooms. This home has been completely upgraded from top to bottom, with new cabinets, appliances, tile, paint, lighting, and hot water! The building has a new common laundry area, owner's bodega, and plenty of outdoor space. In addition to the main building, there are 2 x 2-bedroom houses, each with a fully fenced entrance and parking for two cars each. These homes are back on to the newly finished swimming pool, BBQ rancho, and tropical gardens. All residents share the common pool area, which 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 excellent opportunity to invest in a profitable income-generating property. This investment property is an excellent opportunity to generate income!

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 Interior 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
Construction Type Concrete, Concrete Block
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 Yes
Jacuzzi No
Parking Type Detached Carport
Number of Parking Spaces 12
Telephone Yes
Internet Types Cable Internet
Television Types Standard Cable TV
BBQ Yes
Geography
Location Villa Real, Tamarindo, Santa Cruz, Guanacaste, Costa Rica
Country Costa Rica
State Guanacaste
County Santa Cruz
District Tamarindo
City/Town Villa Real
Zip Code 50309
Location Type Ocean-Vicinity, Countryside
Geographic Type Dry Forest
View Type Garden View, Mountain View, Wooded View
Precipitation Dry
Features
Interior Features Included Ceiling Fans, Eat in Kitchen, Fully Equiped Kitchen, Laundry Room, Motion Detectors, Natural Wood Finishing, Sliding Glass Doors, Washer/Dryer Hookup, Water Heater
Exterior Features Included Balcony, Covered Patio, Fenced Yard, Garden, Maintenance Building, Motion Detectors, Outside Seating-Area, Storage Closet, Storage Shed
Amenities Included Internet, Security, Telephone, Television, Water
Community Features BBQ, Lawn/Garden Service, Pool, Pool Service
Security Features Automatic Gate, Blinds, Gated Community, Gated Entrance, Perimeter Fencing, Security Lighting
Infrastructure
Street Access Type Unpaved 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

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