Property for sale in Nosara, Nicoya
About this property
Isabel Condo Apartments is an income-generating property situated in Section L of the American Project in Nosara, a notable real estate destination in Costa Rica. This modern four-level complex features 11 apartments, which include a combination of studios, one-bedroom, and two-bedroom units suitable for both long-term and short-term rentals. On the 4th floor, there are 2 apartments, each with 2 bedrooms and 2 bathrooms, covering approximately 95 m² and featuring an outdoor terrace. The 3rd floor consists of 3 studio apartments, each measuring 47 m² and equipped with a private bathroom and a small terrace. The 2nd floor offers 3 larger studio apartments, each 70 m² with an extended terrace. Finally, the 1st floor contains 3 one-bedroom apartments, each 80 m², which include a living room, kitchen, dining area, and terrace; these units are currently under completion. In terms of income, 8 out of the 9 finished units are already rented, generating a monthly income of approximately $14,700 USD. The completion of the first-floor apartments is expected to significantly increase cash flow, presenting a unique opportunity to acquire a high-yield property with immediate returns and future growth potential.
Description rewritten by costaricarealtor.com from the public listing. See the original source for full details and photos.
Location
Nosara, Nicoya, Guanacaste · approximate location
