Income-Producing Multi-Use Property with 3 Titled Lots

Description:

Located just minutes from the vibrant beach town of Tamarindo, this rare income-generating opportunity in Villareal presents investors with the chance to acquire a fully operational rental complex made up of three individually titled lots—each with its own structure and income potential. Spanning a total of 1,662 square meters (0.41 acre), the property offers a diverse mix of residential units, commercial spaces, and hostel accommodations, all designed to generate consistent cash flow and long-term growth. With an estimated ROI of over 12%, this turnkey property is a compelling investment in one of Costa Rica’s most in-demand regions.

The left lot (463 m²) features a mix of rental units, including a 1-bedroom, 2-bathroom apartment and two additional 100 m² units currently rented for light commercial or storage use. It also includes a fully leased commercial space, home to a local print shop. The middle lot (595 m²) offers a long-term 2-bedroom rental and a spacious 300 m² multipurpose workshop, previously used as a furniture shop, complete with bathrooms and showers. On the right lot (604 m²), you'll find a fully developed blend of long-term rentals and nearly finished hostel accommodations. It includes a studio apartment with a private yard, A/C, and full kitchen, as well as a two-story, three-bedroom apartment perfect for long-term tenants. The hostel, approximately 80% complete and expected to be finished in about a month, features a thoughtful mix of private and shared rooms, communal kitchens, and laundry facilities.

What sets this property apart is its flexibility and strategic potential. With three separate titled lots, the complex allows for future resale, financing, or phased redevelopment. The location is ideal—just a short drive to Tamarindo’s beaches, restaurants, and surf scene—while the existing tenant base ensures immediate income. Whether you’re seeking to expand in hospitality, retail, or residential rentals, this property offers unmatched versatility and growth potential.

Contact us today to schedule a private showing and discover the full scope of this multi-use investment gem near Tamarindo.