Yield Property: 5 condominium and 2 Cottages 15 min from Tamarindo Beach

Condominios Las Tinajas, Provincia de Guanacaste, Costa Rica
$1.000.000

Details

Located in Huacas at the crossroads of Tamarindo, Playa Grande and Playa Conchal/Flamingo, this large flat 3986 M2 estate includes the followings:

  • 5 Two Bedrooms, 2 Bathrooms appartements, 1 with 105 M2 and 4 with 100 M2 (The building counts a total of 6 Units, one was recently sold). Two of them are located at ground floor, are furnished and benefit from a small private garden, one is on the first level is furnished as well and has a terrace and 2 last ones are on the second floor and are unfurnished.
  • A swimming pool.
  • A little building/cellar type (25 M2), to keep all the maintenance material.
  • A 1 Bedroom, one bathroom Cottage (50 M2) at the entrance of the property that rents for $ 500/month.
  • A multifunction equipped Cellar (40 M2) by the pool that can either be part of the common areas or used as a second Cottage.
  • A lot of land to be build that was first designed to host 3 other buildings with 6 Condos each. The plans are made but the project was never carried out. The property touches a Public Road which grant it the right to build up to 85% of its surface.

The owner offers a financement (with a 5% interest) for a maximum of $ 600 000 of the total amount. The property offers right now a yearly gross income of US$ 67 200 with is a 6,7 % ROI.

We loved this very¡y well maintained property, very conveniently located close to schools, supermarkets, banks, the Conchal Golf course and within the heart of a growing International Community seeking for long term housing.

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