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7 Units Income Generating Property Near Tamarindo For Sale

Tamarindo, Guanacaste, Costa Rica
Asking Price:
$547,000 (USD)
Sales Revenue:
Undisclosed
Cash Flow:
Not applicable

Property Description
Discover Casa Esperanza, your own slice of paradise and a rare opportunity to own a thriving income-generating estate with a proven 10% ROI. Perfectly situated just 10 minutes from Tamarindo Beach and 20 minutes from Playa Avellanas, this stunning 0.99-acre property seamlessly blends tropical tranquility with unmatched convenience.

From the moment you enter through the gated entrance, you’ll be captivated by lush landscaping, mature trees, and a charming creek with its own private bridge. Beyond the bridge lies a tropical oasis featuring a spacious parking area, inviting common pool with waterfall feature, and a 4,844 sq. ft. (450 m²) building that houses seven fully furnished units, thoughtfully designed to combine comfort, functionality, and authentic Costa Rican charm.

With a total of 9 bedrooms and 7 bathrooms, Casa Esperanza offers remarkable versatility for both personal living and investment. Six of the units are currently rented long-term, generating immediate cash flow, while the owners enjoy a spacious one-bedroom residence with a large terrace. Each unit has been recently renovated with modern kitchens, updated bathrooms, and expansive covered terraces that extend living spaces into the natural surroundings.

Unit Breakdown:

Two 2-Bedroom Units: Generously sized, featuring open living areas, fully equipped kitchens, modern bathrooms, and large outdoor terraces (50 m² + 16 m² terrace / 64 m² + 30 m² terrace).

Five 1-Bedroom Units: Comfortable and stylish, ranging from 36–40 m², with private or shared terraces ideal for outdoor living. Two are studio-style apartments, while the largest (64 m² + 30 m² terrace) serves as the owners’ residence, offering seamless indoor-outdoor integration.

Outdoor Living & Amenities: The common area is a true tropical retreat, complete with a pool and waterfall, shaded lounging areas, an outdoor shower, a laundry station, and ample parking for up to 10 vehicles. Half an acre of untouched forest enhances privacy and provides opportunities for future expansion. Additional features include a private well with filtration system and storage tanks, ensuring reliable water access year-round.

Prime Location: Nestled on a quiet road just off Villareal’s main thoroughfare, the property enjoys excellent accessibility. The newly asphalted back road connects you within minutes to Tamarindo’s beaches, restaurants, and nightlife, while Hacienda Pinilla’s world-class golf, tennis, and pickleball facilities are just 10 minutes in the opposite direction.

Whether you’re seeking a lucrative investment, a multi-family retreat, or a tropical lifestyle with steady rental income, Casa Esperanza delivers it all in one remarkable package—with room to grow.

Contact us today to schedule a private showing and secure your piece of paradise. Pura Vida!

Property Information

Real Estate:

Real Property Included

Living Accommodation:

The new owner can live in one of the units like the current owners

Location:

Located in Finca Arwen, Villareal. 10 minutes drive to Tamarindo. 5 minutes drive to supermarkets, stores, restaurants. 15 minutes to schools.

Size in square feet:
40,000

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

The sellers are moving to another country

Employees:
0
Years established:
10

Other Information

Furniture / Fixtures value:
$50,000 (USD)
Home based:
This business can be run from home