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Monte Alto Apartamentos: This investment property is a great opportunity to generate income!

Tamarindo, Santa Cruz, Guanacaste, Costa Rica

Basic Listing Information

Price:
$1,499,000
Listing ID:
RS2400273
Property Type:
Multiplex
Listing Type:
Residential Sale
Status:
Active
Images:
51
Beds/Baths:
26/14
Location Type:
Urban
View Type:
Garden View, Mountain View, Valley View, Western View
Total Lot Size:
1,523.60 m² (16,399.83 sq ft)

Listing Images

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Invest in this amazing property just minutes away from Playa Tamarindo, the top destination in Guanacaste for surfing and nightlife. Monte Alto Apartments has 12 fully furnished apartments, 2 two-bedroom houses, a swimming pool, BBQ rancho, and tropical gardens. The property is fully fenced, has plenty of covered outdoor space, and provides ample covered parking with security lighting and cameras. Recently renovated, it features new cabinets, appliances, tiles, paint, lighting, and a hot water system.

See what the agent says about this listing (original title and description):

This investment property is a great opportunity to generate income!

Invest in this amazing property just minutes away from Playa Tamarindo, the top destination in Guanacaste for surfing and nightlife. Monte Alto Apartments has 12 fully furnished apartments, 2 two-bedroom houses, a swimming pool, BBQ rancho, and tropical gardens. The property is fully fenced, has plenty of covered outdoor space, and provides ample covered parking with security lighting and cameras. Recently renovated, it features new cabinets, appliances, tiles, paint, lighting, and a hot water system.

Long Description

Welcome to this fantastic income-generating investment property just minutes from Playa Tamarindo! Tamarindo is by far the #1 destination in Guanacaste for those searching for the perfect wave and vibrant nightlife. Monte Alto Apartments were just completely remodeled in 2023 ! This large fully fenced property has 1523 m2 (16,400 sqft) of land on 2 titled lots both sold together. The main building has 12 Fully Furnished apartments, 10 x 2 bedrooms, and 2 x 1 bedrooms. Completely upgraded from top to bottom, with new cabinets, appliances, tile, paint, lighting, and hot water! The building has a new common laundry area, owners bodega, and plenty of covered out door space to enjoy. In addition to the main building there are 2 x 2 bedroom houses each with their own entrance, fully fenced, with parking for 2 cars each. These homes back onto the new beautifully finished swimming pool, BBQ rancho and tropical gardens. The common pool area is shared by all residents, and boasts an open grassed area, fully irrigated gardens, a ½ bath, outdoor shower and additional storage room. Ample covered parking is available and complete with security lighting and Cameras. Monte Alto Apartments has an impressive 26 beds and 14 bathrooms with incredible earning potential! This property is located only 5 min from Tamarindo Beach, 10-20 minutes from some of the best surf breaks in Costa Rica, and 45 min from the International Airport in Liberia. Don’t miss out on this great opportunity to invest in a profitable income-generating property. This investment property is a great opportunity to generate income!

Details
Roof Type: Metal
Number of Units: 14
Number of Bedrooms: 26
Number of Full Bathrooms: 14
Unit Floor: 1
Number of Stories: 2
Total Living Area: 506.00 m² (5,446.52 sq ft)
Total Area under Roof: 692.00 m² (7,448.60 sq ft)
Total Lot Size: 1,523.60 m² (16,399.83 sq ft)
Floor Type: Tile
Construction Status: Completed, Remodeled, Renovated, Total Renovation
Construction Type: Concrete, Concrete Block, Metal
Year Built: 2010
Year Remodelled: 2023
Appliances Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Stove, Washing Machine
Air Condition Type: Multiple Wall Units
Furnished Type: Fully
Pool Type: Community Pool
Jacuzzi: No
Parking Type: Parking Lot
Number of Parking Spaces: 12
Telephone: Yes
Internet Types: Cable Internet
Television Types: Standard Cable TV
BBQ: Yes
Geography
Location: Tamarindo, Santa Cruz, Guanacaste, Costa Rica
Country: Costa Rica
State: Guanacaste
County: Santa Cruz
City/Town: Tamarindo
Zip Code: 50309
Location Type: Urban
Geographic Type: Dry Forest
View Type: Garden View, Mountain View, Valley View, Western View
Precipitation: Dry
Features
Interior Features Included: Ceiling Fans, Eat in Kitchen, Fully Equiped Kitchen, Laundry Room, Motion Detectors, Natural Wood Finishing, Recessed Lighting, Storage Room, Washer/Dryer Hookup, Water Heater
Exterior Features Included: Access to Body of Water, BBQ Grill, Balcony, Covered Patio, Fence, Fenced Yard, Garden, Maintenance Building, Outside Seating-Area, Patio, Storage Closet, Tile Walkway, Washer/Dryer Hookup, Water Faucets
Amenities Included: Internet, Security, Telephone, Television, Water
Community Features: BBQ, Lawn/Garden Service, Pool, Pool Service, Security
Security Features: Automatic Gate, Blinds, Gated, Gated Community, Gated Entrance, Perimeter Fencing, Security Lighting
Infrastructure
Street Access Type: Paved Road
Type of Water: City Water
Type of Sewer: Septic
Type of Internet: Cable Internet
Type of Television: Cable Television
Type of Electricity: Public
Telephone Available: Yes
Financial/Legal
Price per Air-Conditionable Living Area: $2,962.45/m2 ($275.22/sqft)
Price per Total Area Under Roof: $2,166.18/m2 ($201.25/sqft)
Price per Square Meter: $983.85/m2 ($91.40/sqft)
List Price: $1,499,000
Ownership Type: Legal Corporation

Print Listing

Agent Information

Sergio E. González

Broker

Realty ONE Group Executive

Cell Phone:
+506-8820-4412
Office Phone:
+506-2228-0200
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