10 unit ocean view property located in Playas del Coco, Costa Rica for sale at an incredible price of $690,000.00 US
The property was built around 2008 and has been remodel and upgraded. The property consists of 10 units and a roof top restaurant. The restaurant business is owned separately and the space is leased from us at $1500.00 a month for a 5 year lease. They are in their 3 rd year of leasing. The restaurant has amazing views and is a very popular place for sunsets, dinner and drinks.
The vacation rentals property consists of the following units
One 2 bedroom, 2 bathroom penthouse suite located on the floor below restaurant, suite includes a private wrap around patio area with ocean views from every room. It also has it’s own laundry and parking area. This unit can be an owner suite if not rented out. It has it’s own electric meter.
Next floor down consists of a one bedroom fully furnished apt, 3 standard king bed rooms with their own washroom, AC,TV, mini fridge, coffee makers as well as a study suite with a queen bed and full kitchen. There is a large patio area down the whole front of all the suites, so every unit has amazing ocean views. Alsol on this level is the pool.
Bottom floor consists of 3 queen bed rooms same as the king bed rooms but smaller. One 2 bedroom 2 bathroom fully furnished apt. Laundry is also on this level.
Parking is in front of building.
The owner has been only operating the property part time around the time spent in Costa Rica. Normally from November to May each year. It can easily be operated all year around with the local tourism from San Jose. This is more of a lifestyle, when she is in the country. The property is well maintained and has everything paid unto date including all permits, patented, taxes, etc. Owner has the property priced to sell. It can be used as a semi retirement property, full time business or family vacation property. It is very unique with it’s amazing ocean views and 24 minutes to the international airport and a 5 minute drive or a 45 minute walk to the beach.
Also the roof top restaurant was just featured on Netflix “Restaurants on the Edge” the Costa Rica edition and was a very busy spot before the corona virus hit. This is an amazing price for this property.