$400,000

Prime income-producing property located in one of the most desirable and secure areas of Playas del Coco, one of Costa Rica's fastest-growing beach destinations. Just a 1-minute walk to the beach and approximately 200 meters from downtown Playas del Coco, with easy access to restaurants, shops, supermarkets, and local amenities. Property Features - 1,173 m² (12,626 sq ft) lot. - 4-bedroom home. - Spacious second-floor studio-style suite with private bathroom. - Additional ground-floor bedroom with private bathroom. - Two additional bedrooms. - Living room, kitchen, main bathroom, laundry area, and covered terrace. - Fruit trees and a natural tropical setting with local wildlife. Immediate Income Potential The property is currently operating as a Guest House/Hostel, providing income from day one. Estimated rental income: - High season: $4,000–$5,000 per month. - Low season: $1,500–$2,000 per month. Development & Appreciation Potential The property benefits from mixed-use zoning (commercial and residential), offering multiple development opportunities: - Continue operating as a Guest House or Hostel. - Expand and renovate the existing hospitality business. - Build apartments for long-term rentals. - Develop vacation rental units. - Create a boutique hospitality project. Due to its strategic location, large lot size, and growing demand in the area, the property offers exceptional upside potential. With thoughtful renovations and upgrades such as a swimming pool, additional rental units, or enhanced guest amenities, the property's market value could increase substantially. Legal Status - Fully titled property - Not concession land - Registered survey plan - Property taxes up to date - All documentation in order Asking Price - $400,000 USD cash sale. - $450,000 USD owner financing available. Financing terms: 6% interest, up to 3 years. This is a rare opportunity to acquire a property that combines immediate cash flow, strong appreciation potential, and a premium location in one of Costa Rica's most established and growing beach communities.