RC-140: Investment Opportunity – Apartment Building in Comunidad Guanacaste, Liberia, Guanacaste Province

This property with 14 bedrooms and 10 bathrooms is located in Liberia, Guanacaste Costa Rica, in the county of Liberia. This near the coast property with city view is situated in this part of Costa Rica. The land area of this property is 890.00 square meter (9, 579.84 square feet), and it has a living space of 680.00 square meter (7, 319.43 square feet). This property has air conditioning through a wall unit.This Investment property for sale is located in Comunidad Guanacaste, a small town between Liberia and the famous beaches such as Peninsula Papagayo, Playas del Coco, Playa Hermosa, Playa Panama etc. The property counts with 10 apartments which are leased mainly to employees working at companies that run projects or resorts in the region. 4 apartments are two-bedroom units and 6 apartments are 1-bedroom units. The apartments are distributed on 2 floors and there is a large parking area for the tenants. There are two gates to access the property. The location of the property is quiet and a super market, bus station and restaurants are at walking distance. The 2 bedroom units are leased in USD 680 ; the 1 bedroom units are leased in USD 580, which is a gross income of USD 6'200 per months. There is a big lack of rental units in the region and even people who work in the Tamarindo area sometimes leasing in Comunidad since there are so few long term lease properties available for local people. The location is perfect since it is the closest place for people working in Peninsula Papagayo but also people working in Playas del Coco, in the Airport area, Liberia and Zapotal. There are many high end residential and hotel projects under development though the people working there need also to live somewhere and this is an ideal spot for them. The units are partly furnished. Furthermore, there is enough space to expand and build more apartments.