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

Villa Real, Tamarindo, Santa Cruz, Guanacaste, Costa Rica

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
Location Type
Ocean-Vicinity, Countryside
View Type
Garden View, Mountain View, Wooded View
Total Lot Size
1,523.60 m² (16,399.83 sq ft)
Total Interior 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

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.

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

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!

Listing Images