Residential Investment Project in Tamarindo Guanacaste – Costa Rica
Residential Investment Project in Tamarindo Guanacaste – Costa Rica
Overview
- Apartment / Condo, Commercial / Hospitality
- 99
- 99
- 2400
- 26000
- CP-21565
Description
- Situated in a tranquil environment dotted with palm trees, with swimming pools and green mountainous views spread out along the horizon, lawns and leisure areas are impeccably groomed, providing the ultimate luxury and comfort.The Guanacaste district of this project is located in an evolving tourist destination that draws a crowd of residents from around the world, especially the United States and Canada. The atmosphere in the area is young and vibrant.A short distance from the compound:3 successful schools, shopping centers, restaurants and super-Markets, beaches and entertainment venues for the benefit of residents and tourists.
Construction plans are approved for a total of:
– 84 luxury apartments and one level units
– 120 parking spaces
– Tennis Court & playground
– 2 big pools
Total land of 25,000 Square meters.Already Built and Rented:
– 24 luxury apartments finished and furnished fully rented, distributed as follows;
– 4 units – 1 bedroom apartments
– 10 units – 2 bedroom apartments
– 10 units – 3 bedroom apartments.
– 8 Condo buildings in architectural design
– Main pool
– Tenants with annual contractsCurrently under construction (concrete stage) – will be delivered finished brand new, 28 luxury apartments distributed as follows;
– 4 units – 5 bedroom apartments
– 20 units – 3 bedroom apartments of different sizes and layouts.
* Buyer can decide if to rent long/ short term or to sell individually in a hot market with low inventory.Bonus development parcel:
– Land for additional 30 or more one level units – developed with infrastructure, only need to renew the
municipal permits already obtained few years ago.Summary:
– 24 fully rented condos
– 24 brand new condos
– 1.3 Hectare land for developmentCurrent investment group owns 100% of the property. The project is for sale as one, however investors are open for selling whole blocks offering attractive ROI with existing long term rentals, and additionally open for a scenario of a 50/50 partner or joint ventures to continue developing the project.
Location
Open on Google Maps- Address Tamarindo, Cantón Santa Cruz, Provincia Guanacaste, 50309, Costa Rica
- City Tamarindo
- State/county Guanacaste
- Country Costa Rica
