Property for sale in Jacó, Garabito

Key facts

About this property

This 10-unit studio apartment building in Downtown Jacó presents a unique opportunity for investors looking for reliable cash flow and a convenient location. Generating over $4,000 in monthly rental income, this turn-key complex is situated in the heart of Jacó Beach, within walking distance of restaurants, shops, supermarkets, nightlife, and the beach itself. The property spans a lot of 358.62 m² (3,861.6 sq ft) and is designed for efficiency and easy maintenance. It features low-maintenance construction, secure CCTV surveillance, and a solid history of stable occupancy. This building is suitable for long-term rentals, worker housing, or short-term rentals, making it a versatile income-producing asset in one of Costa Rica's most active beach towns. The property includes 10 fully independent studio apartments and is priced at $389,000, which breaks down to $38,900 per unit. This pricing is competitive compared to current land values, construction costs, and rental demand in the area, making it more cost-effective than building from scratch. By purchasing this property, you are acquiring an operational rental business at a price per unit that is hard to find in Jacó. The building's combination of multiple rental units, a central location, and ready-to-operate condition makes it a strong contender in the market. With high demand for affordable rentals in Jacó, this complex offers immediate returns and potential for long-term appreciation. Located in the center of Jacó, this property provides excellent walkability. Tenants have quick access to restaurants, banks, gyms, nightlife, supermarkets, and Jacó Beach, all just steps away.

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

Location

Jacó, Garabito, Puntarenas · approximate location