Apartment for sale in Nosara, Nicoya

Key facts

About this property

Situated in the peaceful Section L of Nosara, this property offers a complete "turn-key" investment opportunity. It consists of two separate buildings housing a total of four residential units, all currently occupied by long-term tenants, ensuring immediate cash flow and straightforward management from the outset. In terms of financial performance, this property is a standout in the Nosara market, featuring a cap rate of approximately 6.75% based on the listing price and maintaining full occupancy with active lease agreements. The compound is established on a practical 750 m² lot, thoughtfully designed to provide privacy and comfort for all residents. It boasts a total living space of 330 m², constructed with modern metal framing and drywall. The four independent units are functional, bright, and easy to manage, comprising a total of seven bedrooms and five bathrooms. Additionally, the property offers superior parking capacity, including two enclosed garages that can accommodate up to five cars and two motorcycles, a rare and highly desirable feature in Nosara. Investing in this asset means choosing a stabilized property over speculative new builds or vacant lots. You can start generating revenue immediately upon closing, with no risk of vacancy. Furthermore, you can avoid the challenges of construction, such as rising costs, labor shortages, and permit delays that often accompany building in Nosara. The four units are consolidated under a single title, simplifying legal and tax management. The listing price is $605,000 USD, with full financial disclosure and lease details available upon request.

Description rewritten by costaricarealtor.com from the public listing. See the original source for full details and photos.

Location

Nosara, Nicoya, Guanacaste · approximate location