Property for sale in Veintisiete de Abril, Santa Cruz
About this property
Located just 650 meters from the beach in Playa Junquillal, this property spans a total of approximately 865 square meters of construction, including terraces, and is situated on a 2,000 square meter lot. The solid concrete structure is in good overall condition and features 7 fully equipped suites along with a versatile main house. Suites 1 to 5 each measure 35 square meters and include two queen beds, a private terrace, a kitchenette, and individual air conditioning, accommodating up to 4 adults. Suite 6 is larger at 40 square meters and offers spacious interiors with built-in wardrobes, while Suite 7, at 50 square meters, includes a King bed, a full-size refrigerator, and a large terrace. Additional facilities comprise a laundry room of 13.5 square meters, a garage of 24 square meters, and a pool equipment room of 4 square meters. The outdoor areas feature a swimming pool measuring 3.5m x 9m, a large terrace of 242 square meters, and various common areas and walkways. A parking area of approximately 120 square meters can accommodate up to 10 vehicles. The main house, with 132 square meters on the ground floor, is currently configured as a one-bedroom home but can be converted back into a two-bedroom layout. An independent upstairs bedroom with exterior access is also included, suitable for staff accommodation. The current owner acquired the property in 2022, and it has not been rented since, serving solely as a private residence. The main house and Suites 6-7 were already in place at the time of purchase, originally built in 1999, while Suites 1 to 5 were added in 2022-2023, along with renovations to the pool and the terrace. The property is equipped with high-speed fiber optic internet, electricity from Coop Guanacaste, and municipal water from ASADA Paraiso. A concrete water reservoir with a pump is also present, though its operational status is unknown. The property is being sold as-is, with all systems in good working order and no known issues such as roof leaks or structural concerns. However, renovations are suggested to modernize the property, with an estimated budget for improvements ranging from $75,000 to $150,000. In an optimal scenario, owners could live in the main house, accommodate staff in the upstairs unit, and operate the 7 suites as rentals, with an estimated gross annual income potential of $150,000 to $200,000.
Description rewritten by costaricarealtor.com from the public listing. See the original source for full details and photos.
Location
Veintisiete de Abril, Santa Cruz, Guanacaste · approximate location
