Monte Alto Apartamentos: This investment property is a great opportunity to generate income!

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  • $1,450,000
  • Active
  • Listing ID : RS2400273
  • Tamarindo, Santa Cruz, Guanacaste, Costa Rica
  • Urban
  • 2614
  • Multiplex
  • Total Living Area : 506.00 m² (5,446.52 sq ft)
  • Garden View, Mountain View, Valley View, Western View
  • Total Lot Size : 1,523.60 m² (16,399.83 sq ft)

Invest in this amazing property just minutes away from Playa Tamarindo, the top destination in Guanacaste for surfing and nightlife. Monte Alto Apartments has 12 fully furnished apartments, 2 two-bedroom houses, a swimming pool, BBQ rancho, and tropical gardens. The property is fully fenced, has plenty of covered outdoor space, and provides ample covered parking with security lighting and cameras. Recently renovated, it features new cabinets, appliances, tiles, paint, lighting, and a hot water system.

More about this property

Welcome to this fantastic income-generating investment property just minutes from Playa Tamarindo! Tamarindo is by far the #1 destination in Guanacaste for those searching for the perfect wave and vibrant nightlife.

Monte Alto Apartments were just completely remodeled in 2023 ! This large fully fenced property has 1523 m2 (16,400 sqft) of land on 2 titled lots both sold together. The main building has 12 Fully Furnished apartments, 10 x 2 bedrooms, and 2 x 1 bedrooms.

Completely upgraded from top to bottom, with new cabinets, appliances, tile, paint, lighting, and hot water!

The building has a new common laundry area, owners bodega, and plenty of covered out door space to enjoy. In addition to the main building there are 2 x 2 bedroom houses each with their own entrance, fully fenced, with parking for 2 cars each. These homes back onto the new beautifully finished swimming pool, BBQ rancho and tropical gardens. The common pool area is shared by all residents, and boasts an open grassed area, fully irrigated gardens, a ½ bath,

outdoor shower and additional storage room. Ample covered parking is available and complete with security lighting and Cameras.

Monte Alto Apartments has an impressive 26 beds and 14 bathrooms with incredible earning potential!

This property is located only 5 min from Tamarindo Beach, 10-20 minutes from some of the best surf breaks in Costa Rica, and 45 min from the International Airport in Liberia. Don’t miss out on this great opportunity to invest in a profitable income-generating property.

This investment property is a great opportunity to generate income!

Roof Type Metal
Number of Units 14
Number of Bedrooms 26
Number of Full Bathrooms 14
Unit Floor 1
Number of Stories 2
Total Living Area 506.00 m² (5,446.52 sq ft)
Total Area under Roof 692.00 m² (7,448.60 sq ft)
Total Lot Size 1,523.60 m² (16,399.83 sq ft)
Floor Type Tile
Construction Status Completed, Remodeled, Renovated, Total Renovation
Construction Type Concrete, Concrete Block, Metal
Year Built 2010
Year Remodelled 2023
Appliances Included Dishwasher, Dryer, Microwave, Oven, Refrigerator, Stove, Washing Machine
Air Condition Type Multiple Wall Units
Furnished Type Fully
Pool Type Community Pool
Jacuzzi No
Parking Type Parking Lot
Number of Parking Spaces 12
Telephone Yes
Internet Types Cable Internet
Television Types Standard Cable TV
Location Tamarindo, Santa Cruz, Guanacaste, Costa Rica
Country Costa Rica
State Guanacaste
County Santa Cruz
City/Town Tamarindo
Zip Code 50309
Location Type Urban
Geographic Type Dry Forest
View Type Garden View, Mountain View, Valley View, Western View
Precipitation Dry
Interior Features Included Ceiling Fans, Eat in Kitchen, Fully Equiped Kitchen, Laundry Room, Motion Detectors, Natural Wood Finishing, Recessed Lighting, Storage Room, Washer/Dryer Hookup, Water Heater
Exterior Features Included Access to Body of Water, BBQ Grill, Balcony, Covered Patio, Fence, Fenced Yard, Garden, Maintenance Building, Outside Seating-Area, Patio, Storage Closet, Tile Walkway, Washer/Dryer Hookup, Water Faucets
Amenities Included Internet, Security, Telephone, Television, Water
Community Features BBQ, Lawn/Garden Service, Pool, Pool Service, Security
Security Features Automatic Gate, Blinds, Gated, Gated Community, Gated Entrance, Perimeter Fencing, Security Lighting
Street Access Type Paved Road
Type of Water City Water
Type of Sewer Septic
Type of Internet Cable Internet
Type of Television Cable Television
Type of Electricity Public
Telephone Available Yes
Price per Air-Conditionable Living Area $2,865.61/m2 ($266.22/sqft)
Price per Total Area Under Roof $2,095.38/m2 ($194.67/sqft)
Price per Square Meter $951.69/m2 ($88.42/sqft)
List Price $1,450,000
Ownership Type Legal Corporation

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