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Laughing Gecko Suites

$1,195,000

Laughing Gecko Suites, Playa Brasilito, Provincia de Guanacaste, Costa Rica

Active
Last Updated: 12/05/2025

3,660 sqft

Building Size

516 sqm

Lot Area

Details:
Building Size:    3,660 sqft
Lot Area:    516 sqm
Units:    10
Description:

Exceptional Turn-Key Investment Property in Playa Brasilito – Steps from the Beach

Welcome to Laughing Gecko Suites, an impeccably renovated multi-unit property located in the heart of Playa Brasilito, Guanacaste—just minutes from the new Flamingo Marina and only a short stroll from breathtaking sunsets and the soft sands of Brasilito Beach. With restaurants, grocery stores, pharmacies, and even pickleball courts all just a 2-minute walk away, this property offers an unbeatable blend of convenience, comfort, and coastal charm.

Designed for flexibility and strong passive income, Laughing Gecko Suites currently nets an impressive $100,000–$120,000 USD annually as a long-term rental operation—and offers even greater income potential as a boutique hotel, B&B, or vacation rental business. Every unit has been completely remodeled with modern infrastructure, luxury finishes, quality plumbing and electrical, new A/C systems, and full furnishings down to the last kitchen utensil.

Property Highlights

Unmatched walkability – Steps to the beach, restaurants, markets, and local amenities

Prime location – 5 minutes to Flamingo Marina, Surfside Potrero, Reserva Conchal Golf Club, Mar Vista, and multiple beaches

Ideal for families – 5 minutes to La Paz and CRIA, 15 minutes to Educarte and Journey Schools

Easy access – Only 45 minutes to Liberia International Airport, Walmart, and PriceSmart

Turn-key – Fully furnished units with fully equipped kitchens

Amenities – Private swimming pool, BBQ area, landscaped garden, teak fencing, and secure on-site parking for 4–5 vehicles

Property Layout (Approx. 5,500 sq. ft. under roof)

Third Floor – Newly Rebuilt Penthouse
A completely renovated, luxuriously finished penthouse featuring:
• 3 bedrooms, 3 bathrooms
• Large modern kitchen
• Laundry room
• Office area
• Spacious living & dining room
• Private balcony
(Can optionally be converted into a 2-bed/2-bath unit plus a separate 1-bed unit.)

Second Floor – Two Modern 2-Bedroom Units
• (2) Two-bedroom, two-bathroom apartments
• Fully remodeled with new kitchens, cabinetry, appliances, bathrooms, and finishes

First Floor – Ground-Level Units + Office
• (1) One-bedroom, one-bathroom apartment (wheelchair accessible)
• (1) Small office space ideal for real estate, tour operations, or property management

Additional Residence
• Separate brand-new caretaker/guard apartment with bathroom and kitchenette (can also be rented)

Investment & Development Potential

Operates as long-term rentals, luxury apartments, boutique hotel, or B&B

Can be legally condo-titled and sold off as 4–5 separate units

Strong demand due to proximity to the marina, schools, beaches, and tourism hub

High ROI with existing, verifiable income

Laughing Gecko Suites is a rare opportunity to own a fully renovated, income-producing property in one of Costa Rica’s most desirable coastal communities. Whether you’re looking to expand your rental portfolio, run a boutique hospitality business, or secure a long-term appreciating asset, this property delivers exceptional value, location, and versatility.

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