Income-Generating Tropical Oasis: 7-Unit Property on a Large Lot Minutes from Tamarindo
Villareal, Villareal, Guanacaste $680,000Details
9
Beds
7
Baths
4844 ft.²
Interior
0.99(acres)
Lot Size
Income generating property
Type
Villareal
Neighbourhood
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 a unique blend of tranquility and convenience.
Property Highlights:
Upon entering through a beautiful gated entrance, you'll be welcomed by lush greenery, mature trees, and a charming creek complete with a bridge. After crossing the bridge you get to the parking area, common pool and entertainment space, and the building boasting a total of 4,844 sq. ft. (450 m²) under roof, featuring seven thoughtfully designed units—each fully furnished and move-in ready. With a total of 9 bedrooms and 7 bathrooms, this versatile property is ideal for both personal use and income generation. Currently, 6 units are rented long-term, offering immediate cash flow.
Apartment Breakdown:
The L-shaped building features seven distinct apartments, each offering spacious, covered terraces perfect for outdoor living amidst the tropical beauty of Guanacaste. Recently renovated, the units boast wooden kitchen countertops, modern bathrooms, and are fully furnished with kitchen appliances—everything is in place for immediate rental.
- Two 2-Bedroom Units: Spacious living areas with fully equipped kitchens, large outdoor terraces, and modern bathrooms. Sizes are 50 m² indoor and 16 m2 terrace and 64 m², with a terrace of 30 m²—perfect for enjoying the tropical breeze.
- Five 1-Bedroom Units: Designed for comfort, these units of 36/40 m2 indoor space include cozy living areas, kitchens, and large private terraces. Two of these units are studios, with a shared terrace ideal for relaxation. The largest of the one-bedroom units (64 m2) is currently occupied by the owners, and features a spacious living and kitchen area, and a 30 m² terrace that blends indoor and outdoor living seamlessly.
Outdoor Oasis:
The common area is truly a tropical sanctuary. A large pool with a waterfall feature is surrounded by lush landscaping and plenty of space for sunbathing or lounging in the shade of mature trees and palm trees. There is also a convenient laundry area, outdoor shower, and a parking lot for up to 10 cars. Beyond the main developed area, half an acre of untouched tropical forest offers both privacy and potential for future expansion or simply as your personal retreat.
Additional Amenities:
- Private Well: Ensure reliable water access with an on-site well, complete with a filtration system and storage tanks.
- Prime Location: Nestled on a quiet road just off Villareal's main thoroughfare, this property offers easy access to the area's best attractions. The newly asphalted back road puts you just 10 minutes from Tamarindo's world-class beaches, restaurants, and shops, while 10 minutes drive in the other direction lead to the golf course, tennis courts, and pickleball courts of Hacienda Pinilla.
If you are looking for a lucrative investment enjoying a tropical lifestyle with steady rental income, this is your property! It delivers it all in one remarkable package and even offers room for future expansion.
For further details, a private showing, and to secure your slice of paradise, contact me today. Pura Vida!