Home for sale in Tamarindo, Santa Cruz

Key facts

Features & amenities

About this property

Villa Margarita presents a unique investment opportunity that combines functionality, location, and income potential in one of Costa Rica's most desirable coastal areas. Located just minutes from the beach town of Tamarindo, this property is strategically positioned on a main road, allowing easy access to supermarkets, local shops, medical clinics, restaurants, and the beautiful Pacific beaches that characterize the Guanacaste lifestyle. The property sits on a fully fenced lot of 356 m², providing both privacy and security, along with convenient on-site parking. Constructed entirely of concrete blocks, Villa Margarita boasts solid and durable construction, ensuring long-term structural integrity and low maintenance—an essential benefit for homeowners and investors alike. Built in 2020, the property is in excellent condition, reflecting modern standards and careful upkeep. Villa Margarita consists of two independent apartments, each measuring 55 m², designed to maximize comfort, functionality, and rental appeal. Each unit features a well-distributed layout with 2 bedrooms, 1 full bathroom, a fully equipped kitchen, and a bright, open-concept living area. Both apartments are equipped with air conditioning, ensuring comfort throughout the year in the tropical climate. They are sold fully furnished, allowing for immediate occupancy or a smooth transition into rental operations without further investment. This property is highly versatile, making it suitable for various buyers. It is ideal for investors seeking a strong and stable income stream, as both units can be rented independently, generating an impressive return on investment of approximately 14%. Alternatively, it offers a great lifestyle option—live in one apartment while renting the other to offset expenses or generate passive income. This flexibility makes it appealing for full-time residents, vacation homeowners, or those looking to enter the Costa Rican rental market. Its location near Tamarindo—one of the most dynamic and internationally recognized destinations in Guanacaste—further enhances its value. Tamarindo is known for its world-class surfing, vibrant dining scene, boutique shopping, and growing expat community, making it a consistent hotspot for both short-term and long-term rentals. Priced at $269,000, Villa Margarita represents an excellent value in today's market, combining modern construction, income-generating potential, and a highly convenient location. Whether you are looking to expand your real estate portfolio, secure a vacation property with built-in revenue, or establish a new lifestyle in paradise, Villa Margarita meets all these needs.

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

Property details

Location

Tamarindo, Santa Cruz, Guanacaste · approximate location