Beach Front Bargain Investment

Montezuma, Costa Rica

Overview

This breathtaking beachfront opportunity offers 3 homes built with the finest tropical Almond hardwoods. Live in the main house while renting the others as vacation rentals... or rent out the whole property as a retreat location.

This investment opportunity sits between multimillion dollar beach front homes and a high end all-inclusive beachresort. The potential is unlimited. Property is held in the name of a Costa Rican Corporation, so nearly no closing costs! Very prívate beachfront creating the ideal atmosphere to relax and enjoy yourself as you swim, catch some sun, read, or cook. Fall asleep with the sound of waves crashing.

Just Recently Reduced from $750,000 to $549,000 to now only $295,000!

Features

4bedr-1bath home
2 rental units
fully furnished

resort potential
1.6 acres land
perfect location

Price

USD
295.000

Location

Wow...this opportunity is legally located within the Maritime Zone in Montezuma on one of the most beautiful beaches in the world.

Montezuma, already is a very popular bohemian town among artists, backpackers, surfers and honeymooners alike. The property is currently applying for a concession and it is expected to be awarded within a year. Once the hotel has the concession, you can expect the value to at minimum, double if not triple!! Not to mention that there is additional building space available for more bungalows and an ocean view pool. This area is becoming extremely popular with prices to reflect it. The real estate prices in this area are expected to be close to that in Hawaii within 5 years!

This property is conveniently located 3 walking min from the town center where you can find international cuisine, supermarkets and bars.

Details

•   Property: 6,367.13 m2 (1.6 acres available for concession)
•   Construction: 400 m2 (combined construction)
•   Constructed 15 years ago with concrete and tropical hardwoods such as almond (Very valuable).
•   1 Two story house, with 4 bedroom & 1 bath, laundry room, indoor and outdoor living area,...
•   2 One bedroom rental homes with terraces
•   Fully Furnished
•   Large kitchens
•   Newer Appliances
•   Luminous living room & Dining room
•   Backyard Rainforest views
•   Property has 2 natural springs
•   Electricity
•   Telephone Line
•   High Speed Internet
•   Hot water
•   Storage
•   Secure garage
•   Nearby Hotel Security
•   Long-Term Caretakers Available
•   Excellent Beach & Jungle Views
•   Abundant Wildlife
•   Excellent Commercial Pontential (was previously commericial)
•   Borders All Inclusive Beachfront Resort with Excellent Restaurant & Bar
•   Near everything!!