Property for sale in Nosara, Nicoya

About this property

Flora Apartments is an income-generating property located in Playa Pelada, Nosara, one of Costa Rica's coastal destinations. This fully operational two-story complex consists of 8 modern apartments, evenly distributed across both floors with stair access. Each apartment is designed for comfort, privacy, and functionality, making them suitable for both long-term and short-term rentals. The complex includes four Type A units, each featuring 1 bedroom, 1 bathroom, a kitchen with integrated laundry, a multipurpose room, and an outdoor living/dining terrace, each measuring 65 m². Additionally, there are four Type B units, each with 2 bedrooms, 2 bathrooms, a formal laundry area, a kitchen, and a spacious outdoor terrace, each measuring 75 m². Currently, the property generates a monthly income between USD 14,000 and 18,000, with a 100% occupancy rate from a mix of fixed and short-term rentals. Operating costs are efficient and low, averaging approximately USD 1,800 to 2,200 per month, covering expenses such as electricity, gardening, pool maintenance, cleaning, and general upkeep. This property presents investors with immediate positive cash flow and strong ROI potential with minimal management requirements.

Description rewritten by costaricarealtor.com from the public listing. See the original source for full details and photos.

Location

Nosara, Nicoya, Guanacaste · approximate location