Offered by owner. Do not reach out to offer your real estate services, thank you.
This offering presents the opportunity to acquire a newly constructed, income-producing 4-unit multifamily property in a private and gated residential community in Playa Grande, Guanacaste, Costa Rica. Completed in 2024 after a two-year construction period, the property sits on a 5,240 sqm (1.29-acre) lot and comprises 632 sqm (6,802 sqft) of high-quality construction. The property is fully operational with established long-term tenants, generating immediate cash flow while offering the flexibility for owner occupancy or alternative rental strategies.
Designed for both lifestyle and investment, the property features ten bedrooms and seven bathrooms across four independent residences, a 60 sqm (645 sqft) swimming pool with an expansive deck, mature tropical landscaping, an automated entrance gate, fiber optic internet, and private parking for eight vehicles. Located just minutes from Playa Grande's renowned beaches, restaurants, schools, and essential services, the property benefits from one of Costa Rica's strongest rental markets, fueled by growing tourism, international relocation, and a persistent shortage of quality housing.
Beyond its current income, the property offers significant long-term upside. The large lot provides ample room for additional development, including existing structural supports already in place for approximately 80 sqm of future construction. Investors have the opportunity to increase rental revenue through short-term vacation rentals, expand the existing improvements, or simply benefit from the continued appreciation of Playa Grande as it evolves into one of Guanacaste's premier destinations for families, entrepreneurs, retirees, and high-net-worth investors.
