Casa Arena-Prime Multi-Family Investment Opportunity with Active Income.

Puerto Viejo, Limón
$360,000 Property ID: 27461
Coldwell Banker Pura Vida Paradise logo
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Coldwell Banker Pura Vida Paradise

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Location: Puerto Viejo, Costa Rica
Located in Playa Negra, one of the fastest-growing and highest-appreciation coastal areas, lies this prime 1,000 m² (0.25-acre) property—an ideal asset for investors seeking immediate rental income and long-term capital appreciation.

The property features 5 distinct apartment units designed to maximize space, functional living, and privacy within a serene, tropical setting. Furthermore, it boasts a strategic location on a road planned for direct beach access in the near future, guaranteeing significant value growth.

Unit Layout Breakdown

Apartment 1 (Turnkey Unit):
1 Bedroom (Queen bed)
1 Full bathroom
Integrated kitchen, living, and dining area
Cozy covered terrace
Dedicated parking space for 1 vehicle

Apartment 2 (Spacious with Private Greenery):
2 Large bedrooms
1 Full bathroom
Open-concept living and dining area
Generous private garden and covered terrace
Covered multi-purpose outdoor space (ideal for a workshop or storage)
Parking for 2 vehicles

Apartment 3 (Outdoor Living & Private Pool):
Integrated Loft design (bedroom, living, and kitchen all-in-one)
1 Full bathroom
Covered outdoor deck featuring an outdoor kitchen
Built-in private plunge pool
Private carport and dedicated laundry area

Apartment 4 (Private & Secluded):
Integrated living, dining, and bedroom layout
1 Separate bathroom
Charming covered terrace
Large private garden with dedicated parking space

Apartment 5 (Under Construction / Expansion Potential):
2 Bedrooms
Spacious living, dining, and kitchen area
Oversized outdoor terrace
Expansive private yard

Two Purchase Options
Purchase Option 1: 645 m² (6,942 sq ft) corner property with a 42-meter frontage. Includes 4 houses on the lot. Price: $310,000 USD.
Purchase Option 2: 1,000 m² (10,763 sq ft) property that includes 5 built apartments. Price: $360,000 USD.

Investment Highlights & Commercial Appeal
Mitigated Risk & Continuous Cash Flow: Unlike single-family rentals, having 5 independent units diversifies income sources. If one unit is temporarily vacant, the remaining units maintain steady cash flow, securing your return on investment.

Active Rental Revenue: The 4 completed units currently rent between ¢280,000 and ¢300,000 CRC each (approx. $615 to $660 USD per unit), generating ~$2,450 to $2,600 USD/month, with projections exceeding $3,200 USD/month upon completion of the 5th unit.
Total Privacy & Pet-Friendly Design: Every apartment has its own private entrance and fully fenced perimeter. This ensures maximum tenant privacy and creates a highly desirable pet-friendly environment, driving high occupancy rates.

Infrastructure & Utilities

Lot Size: 1,000 m² (10,763 sq ft)
Electrical System: 2 independent meters for optimized load distribution.
Water Supply: 2 strategically placed water wells ensuring consistent pressure and flow across all units.
Emergency Water Backup: 3 additional rainwater storage tanks providing seamless utility backup during power outages or main system maintenance.
Appreciation Potential: Positioned directly on the road slated for future direct access to the ocean.

Ready to make a smart investment in the Caribbean?
Contact us today at Coldwell Banker Caribe to schedule a private walkthrough, review financial projections, and explore the full potential of this income-generating property in Playa Negra.

"Information is deemed to be correct, but not guaranteed"

MLSID
27461
Price
$360,000
Status
Active/Published
Property Type
Apartment
Beds
7
Baths
5
LOT Area (SQ M)
1000
Floor Area (SQFT)
2691
Year Built
2024
Additional Features
Parking Spaces : 5
Marketed by
Coldwell Banker Pura Vida Paradise

Inquire about this property today.

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