Income-Generating Tropical Oasis
$680,000
Income-Generating Tropical Oasis, Villareal4837, Provincia de Guanacaste, Costa Rica
4,837 sqft
Building Size
4,000 sqm
Lot Area
Details:
Description:
Discover your own slice of paradise with this exceptional income-generating property in the heart of Villareal, Guanacaste. Perfectly positioned just 10 minutes from Tamarindo Beach and 20 minutes from Playa Avellanas, this 0.99-acre estate offers an ideal blend of tranquility and convenience.
Upon entering through a beautiful gated entrance, you are welcomed by lush greenery, mature trees, and a charming creek complete with a bridge. Crossing the bridge brings you to the parking area, common pool, and entertainment space, along with a well-designed building offering 4,844 square feet (450 m²) under roof, which includes seven thoughtfully designed, fully furnished units. With 9 bedrooms and 7 bathrooms, this property is perfect for personal use or as a lucrative income generator, with six units currently rented long-term, providing immediate cash flow.
The L-shaped building houses seven distinct apartments, each featuring a spacious, covered terrace that invites outdoor living amid the tropical beauty of Guanacaste. Recently renovated, the units feature wooden kitchen countertops, modern bathrooms, and are fully furnished with kitchen appliances, making them ready for immediate rental. Two 2-bedroom units offer large living spaces with fully equipped kitchens, generous outdoor terraces, and modern bathrooms, measuring 50 m² indoors with a 16 m² terrace and 64 m² with a 30 m² terrace, making them perfect for enjoying the tropical breezes. The five 1-bedroom units, ranging from 36 to 40 m², are designed for comfort with cozy living areas, kitchens, and private terraces. Two of these are studio units with a shared terrace, ideal for relaxation, while the largest 1-bedroom unit, at 64 m², is currently occupied by the owners and includes a spacious living and kitchen area and a 30 m² terrace for seamless indoor-outdoor living.
The common area is a true tropical sanctuary, featuring a large pool with a waterfall surrounded by lush landscaping and ample space for sunbathing or lounging under mature trees and palms. Additional conveniences include a laundry area, outdoor shower, and parking for up to 10 cars. Beyond the developed area, half an acre of untouched tropical forest provides both privacy and potential for future expansion or a personal retreat.
The property offers reliable water access through an on-site private well complete with a filtration system and storage tanks. Located on a quiet road just off Villareal’s main thoroughfare, the property provides easy access to the area’s best attractions. A newly paved back road puts you only 10 minutes from Tamarindo’s beaches, restaurants, and shops, while a short drive in the other direction brings you to the golf course, tennis courts, and pickleball courts at Hacienda Pinilla.
For investors seeking steady rental income in a beautiful tropical setting with room for future expansion, this property is an unbeatable choice that offers everything in one remarkable package. For more details, a private showing, and to secure your slice of paradise, contact me today. Pura Vida!