Commercial property for sale in Belen, Costa Rica
Key facts
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About this property
This shopping plaza is situated in the heart of Belen, Heredia, an area known for its high traffic and appeal to local customers. It offers easy access from the city's main roads, ensuring excellent visibility for the businesses within. Currently, the plaza boasts a 90% occupancy rate, providing a diverse range of commercial options.
For those seeking a stable investment, this plaza presents a 9% profitability rate, ensuring a steady cash flow and a solid foundation for expanding an investment portfolio. With effective management and contract renegotiations, there is potential for profitability to rise to 12-13% annually, as current rents are below the market average.
The plaza also has exciting growth potential, with increasing development in the area and a rising demand for commercial spaces. This creates opportunities to enhance income through optimized management and new leasing possibilities. The financial stability of this investment is backed by a thorough analysis of market risks and opportunities, minimizing the risks typically associated with commercial real estate investments.
This shopping plaza offers a promising return and growth potential, making it a suitable choice for investors looking to maximize their returns in a competitive market.
Description prepared by costaricarealtor.com from the public listing details. Contact us for full details and more photos.
Location
Belen, Heredia · approximate location