//accordeon
Ref. V-Mark Villarreal
962 m²
US$159,000
Strategically located in Villarreal, just minutes away from the famous Tamarindo beach, this investment property awaits. With a total of 8 apartments, each measuring 36 sqm and featuring a bedroom, a bathroom, and a living-dining area, this residential complex stands as an oasis of financial opportunities. All apartments are currently occupied, ensuring a steady income stream.
Furthermore, as a complement to this offer, the property includes a 125 sqm house, equipped with 2 bedrooms, 1 bathroom, and a cozy living-dining area. This house is also rented out, fetching a monthly price of $400.
With a 15% return on investment, this property promises to be a secure bet for investors with long-term vision. The apartments currently rent for $270 each, but with minor renovations, the income potential could significantly increase to $400 per unit.
Ideal for those looking to maximize their investments, this property offers the opportunity to expand and enhance their portfolio. With additional space on the land, there's the possibility of constructing more apartments, further increasing potential earnings.
In addition to its financial appeal, the property's location couldn't be more convenient. Just two minutes away, a variety of shops, restaurants, and stores ensure a comfortable and practical living experience for tenants. And with the world-renowned Tamarindo beach just a few kilometers away, residents have the opportunity to enjoy the natural beauty and splendor of the ocean within minutes.
Our Opinion: This property in Villarreal represents an exceptional opportunity for investors seeking solid returns and diversification with a promising investment. With its strategic location, income potential, and expansion possibilities, this property is a hidden gem worth exploring and seizing.
Price: $159,000
Land: 962 sqm
Construction: 413 sqm
Total Monthly Income: $2,560
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