AMAZING! 10 Rental Units in Manuel Antonio Manuel Antonio ( Puntarenas, CR - 60504) Built

$1,649,000 USD

Uvita Luxury Real Estate

Kathia Araya Mora Kathia Araya Mora 011+506-7011-8399 (Cell) Request More Info

  • Great Business Opportunity!
  • Type: Commercial
  • Style: 3 Story
  • Bedrooms: 14
  • Bathrooms: 12
  • Development Level: Built
  • Lot Size: 0.47 acres
  • MLS #: VD234

Description

Set in the jungle with breathtaking ocean views, Villas Pascal comprises five buildings nestled in the verdant rainforest and bathed in sea breezes. Currently operating as a long-term apartment compound, this property generates $10K+ per month. If Villas Pascal were transitioned to a short-term rental business, this income could easily double (or more).

Including five separate buildings offering a total of 10 rental units, all are built on a solid rock foundation. Each unit has a deck facing southeast looking out over the Pacific Ocean and Manuel Antonio Park, and access to the common areas distributed throughout the property, which enhance a sense of community amongst the residents.

At the street level is the original 3-floor building with separate 3 apartments, and a garage with parking for one car. An incredibly sturdy build, this house was the first bed and breakfast destination in Manuel Antonio. At the foot of this building is a common-use pool, also with views of the ocean.

Also at street level is a gated, covered, 2-car parking area below which is a fully equipped apartment with a kitchen, living area, deck, and 2 bedrooms and ensuite bathrooms. This structure is so solidly constructed, it can safely be elevated an additional 2 stories offering further development opportunities.

Nestled down the slope of the property is a two-story house, approximately 1500 square feet, with a ground floor with a large bedroom, a bathroom, and an open-concept living/kitchen area with a deck. The second floor is half enclosed ( a second bedroom ), and half open air as a large deck. Yet this upper floor has a separate entrance allowing it to be easily transformed into a second, self-contained apartment.

Beside that is an 800 sq ft. house, set apart from the rest, with a kitchen, living indoors and out, one bedroom, and a deck. This little house enjoys jungle and ocean views.

Between the original casa and the 2 story house, is a large house containing 3 fully equipped one-bedroom and one-bath apartments all with kitchens plus living areas inside and out. This structure also boasts a large, common area roof patio with a BBQ area accessible to the whole compound.

A charming river runs through the bottom of the property attracting fascinating wildlife. A small tree house affords a space to watch the river life. The property is full of fruit trees, has 3 separate, fully equipped laundry rooms, and street-level parking for 6 more cars.

Asking Price: $1,649,000 USD
Property Size: 1,927 M2 - 0.47 Acres

Attachments

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Information is deemed to be correct but not guaranteed.