Home for sale in Cabo Velas, Santa Cruz

Key facts

Features & amenities

About this property

This property presents a unique investment opportunity located just 10 minutes from the beautiful and untouched Playa Grande, recognized as one of the best beaches in the region. The colonial-style house features a main residence with two bedrooms and one bathroom, suitable for comfortable living or rental purposes. Additionally, there is a large apartment with two bedrooms and one bathroom, ideal for both short and long-term stays. A cozy apartment with one bedroom and one bathroom serves as a strong rental performer, while a detached studio with one bedroom and one bathroom offers privacy and appeal for vacation guests. Outdoor amenities include two ranchos, perfect for relaxation and gatherings, which can easily be converted into additional studios. The property boasts immaculately maintained gardens that contribute to a serene tropical environment. The lot spans 1,000 square meters, with a construction size of 350 square meters designed for functionality, privacy, and flexibility. Each unit has its own private entrance, ensuring excellent separation and guest privacy. This property stands out as a proven income-generating asset, having already produced nearly 50,000 dollars in verified Airbnb direct booking revenue. This presents a rare chance to acquire a high-performing property at an exceptional price. Even if the main residence is occupied full-time, rental income from the other units could yield close to a 10 percent annual return on investment. The potential for increased income is significant, as the two ranchos can be converted into studios, which could lead to additional rental income. With optimal management of short-term rentals, the property could realistically generate between 75,000 to 80,000 dollars or more annually, potentially increasing returns to nearly 20 percent. Opportunities like this are quite rare in the current market, making it a compelling investment. This property is a fully established Airbnb operation with numerous five-star reviews and verifiable financials, providing both stability and scalability. Whether you aim to run a boutique rental business, live on-site while renting multiple units, or create a flexible multi-generational living compound, this property offers endless possibilities in a prime Playa Grande location.

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

Property details

Location

Cabo Velas, Santa Cruz, Guanacaste · approximate location