Acquire Casa Esperanza, a seven-unit rental property near Tamarindo, Costa Rica, offered for US$547,000 with six units currently generating long-term rental income and a seller-reported return on investment of 10%. Featuring nine bedrooms, seven bathrooms, a swimming pool and an owner's residence, this established investment offers immediate rental income alongside the opportunity to enjoy a tropical lifestyle.
Located in Finca Arwen, Villareal, approximately 10 minutes from Tamarindo Beach, Casa Esperanza comprises seven fully furnished and recently renovated units within a 4,844 sq ft building. The accommodation includes two two-bedroom units and five one-bedroom units, including two studio-style apartments. Each has been designed for comfortable tropical living, with modern kitchens, updated bathrooms and covered terraces. Six units are currently let on long-term arrangements, while the owners occupy the remaining residence.
The property occupies approximately 0.99 acres of landscaped grounds, accessed through a gated entrance and featuring mature trees, a creek and a private bridge. Residents benefit from a communal swimming pool with waterfall feature, shaded lounging areas, an outdoor shower, laundry facilities and parking for up to 10 vehicles. The property is approximately five minutes from supermarkets, shops and restaurants, 15 minutes from schools and 20 minutes from Playa Avellanas. Hacienda Pinilla's golf, tennis and pickleball facilities are also approximately 10 minutes away.
With approximately half an acre of untouched forest, the estate offers potential to explore additional accommodation or other suitable uses, subject to the necessary permissions. An incoming owner could continue the existing long-term rental model, occupy one unit while receiving income from the others, or explore alternative accommodation strategies. A private well with filtration and storage tanks provides an additional practical feature.
The property has been established for 10 years and is currently owner-operated, with no employees. Real property is included in the sale, and the accommodation is offered fully furnished. The owners are selling due to plans to relocate to another country.
The property is currently marked Sold Subject to Contract. Enquire to confirm its availability and request further information about the rental arrangements, financial performance and potential for future development.
