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Ten Cap Rental Machine Two mins To Beach For Sale

Playa Tamarindo, Guanacaste, Costa Rica
Asking Price:
$1,448,000 (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Welcome to the listing of the Stellar Villas, a 3 home rental machine only 2 minutes walk from the pacific ocean, the beautiful beach of Langosta and a handful of quality restaurants and amenities. Just what your Airbnb guest is looking for! We have all 5* reviews from the current rental guests making this a safe and solid investment.

As the name suggests, this truly is a Stellar rental property!! This 3 Villa compound encompasses 7 bedrooms and 7.5 bathrooms over 350m2 of air-conditioned space. This is split via the main 3 bedroom home and the further 2 elegant units each benefitting from 2 king beds and 2 baths with full kitchen, all set up for renters ease and enjoyment. The property also boasts a secluded pool area, secure off road parking, separate entry for owners and guests, 2 x laundry areas, secure electric gate and perimeter with cameras and alarm system and of course a wonderfully mature fully landscaped garden.

From the main entrance you are greeted by the primary home. The home was well built using solid concrete blocks with reinforced rebar and poured concrete to ensure longevity and unrivaled insulation from the tropical sunshine we enjoy for around 300+ days a year in Guanacaste. The entry leads you to a spacious kitchen/living room area. The high ceilings and abundance of natural light is immediately prevalent, along with the high quality finishes in the chefs' kitchen. The 3 homes are supplied fully turn key and full furnished, the main home boasts very high end cooking equipment from chefs knives to top quality pans and not forgetting the genuine China full dinner sets! There is air conditioning in this part of the home but with the large ceiling fans on hand, this will only be needed on the hottest of days.

The master bedroom shares the same high ceilings, large fans and natural light to spare due to the sliding doors which lead to the patio and pool area. The room has a king bed, blackout blinds and built in closets. The ensuite is finished with the same quality you would expect from a home like this. The guest bedrooms both have built in closets, plenty of natural light and high ceilings. There is a full utility area separating the 3rd bedroom from the main house with a washer, dryer and a utility sink.

Separating the primary home from the two Jack and Jill rental homes is a comfortable patio area, plenty of tropical foliage and the beautiful pool with lounge chairs. There is an outdoor shower here located close to the second entrance for ease when returning from the beach. The garden is fully mature and landscaped.

The two guest homes echo the quality and feel of the primary home. Solid concrete construction, high quality finishes in bathrooms and kitchens, plenty of natural light, high ceilings and privacy. Each of the guest houses has a full kitchen, an ensuite master and a second guest bedroom with an adjacent bathroom. These rental suites are fully equipped and ready for the new owner to start producing income immediately. The entire property benefits from having a triple filtered, UV sanitizer and water softener system. Also there is a shared laundry area servicing both of these homes and also serving as a bodega for the abundance of linens and towels needed to make this a truly turn key opportunity.

This property offers the chance for a new owner to come in and enjoy a 10% return on their investment, in addition to this we fully expect at least a 3-5% equity increase year on year due to the location and the fact that this neighborhood cannot grow any more. Get in while you still can!

The seller is motivated and the property is ready to start paying back its new owner.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Primary house can be used as owner accommodation or used for the business.

Location:

Playa Tamarindo 2 min walk to the beach

Size in square feet:
8,740 sq.ft. lot

Contact Coldwell Banker Tamarindo

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