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Costa Rica > Puntarenas > Canton De Garabito > Jaco

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$2,400,000

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Business
For Sale
Jaco
Costa Rica

A 1980m2 (21,313 .) well maintained corner property on one of the main high-traffic roads in Jaco
with 2 buildings, house, and swimming pool. The interior is secured by high walls and electric gate.

The street facing building is 600m2 and has 2 floors with 18 units. The bottom units are 9 commercial
rentals and are 100% occupied. The top floor features 9 studio apartments and is also 100% occupied.
Current rent for the studio apartments is $450-500/month. Rent for the commercial units is $500/month.
All units are approximately 32m2 and have air conditioning and separate electric meters. Owner pays for
water only.

Building 2 (880m2) is new and has 4 floors. It is within the walls of the property and has 6 well designed
and high-quality 2 bedrooms, 2.5 bath fully air-conditioned apartments on the first 3 floors. Currently, 5
are rented at $1000/month with long-term contracts. The 6th unit is rented short term for vacationers and
can earn $2800 per month. On the top floor is a penthouse under construction. Owner pays for water
only except in the case of vacation rental, all is included in price.

In addition, there is a 3 bedroom air-conditioned house on the property, 1 storage unit with climate
control, and another larger storage unit for property maintenance.

The swimming pool is in excellent condition and is of good size. The property gardens are abundant and
well maintained.

The owner is open to splitting the property and selling the front building separate from the back building
and house. The property is registered as 3 different plots of land with the front building on 1 plot and the
house and building 2 sitting on the other two plots. All three are included in the listed price.

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