Home And Rental Apartments 500 Meters From Beach For Sale

Business description

This is the chance of a lifetime to buy a home with a built-in source of income within walking distance of the warm waves of famous Tamarindo Beach!

This rectangular lot is on a hillside, with the house at the back (top) hidden in the lush growth of trees and a tropical garden. The three-bedroom two-bath home has air conditioned bedrooms and an open-air kitchen/living area. There is a small basement under the house and a roofed laundry area behind.

In the middle of the lot, between the street and the house, there is a structure with two functioning one-bedroom rental apartments. The apartments are fully furnished and generate an income of $800 - $1,000 per month.

A third apartment space in the same building is currently being used as a workshop for repairs and mechanical work, but has all the preparations to be a large two-story apartment. Another small workshop/storage building sets closest to the street and can easily be converted into a 4th rental.

The property is fenced, furnished, has electric service, water service, two telephone lines, cable tv/internet service and two large water storage tanks that provide water by means of gravity.

Partial owner financing is available -- contact us today!

Property information

Real Estate:

Real Property Included

Living accommodation:

We have a 3-bedroom house (or two bedrooms and an office!) at the top of the property.

Location:

Our property is located about 500 meters from Tamarindo beach. You can walk to the beach in about 5 minutes and to a small grocery store in about 5 minutes.

Tamarindo is on the Nicoya peninsula of Costa Rica, on the Pacific side.

Premises details:

The business is located inside of a rectangular lot in a residential area.

Size in square feet:

600 m2

Other information

Expansion potential:

There are two workshops that my husband uses to build and fix things. These workshops were originally intended to be more apartments and have all of the water and electricity hook-ups that are necessary.

Reasons for selling:

Personal reasons: we want to spend time in the USA with family.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

There is a transferable bank mortgage on the property for almost half of our asking price. This mortgage IS transferable to a new owner.

Related documents:

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• The lot.