Commercial property for sale in Montes de Oca, Costa Rica

This unique investment opportunity is located in Los Yoses, Montes de Oca. The property is a corner lot with high strategic value, situated in one of the most dynamic commercial areas with potential for appreciation in the eastern part of San José. It spans 1,010 m² and has mixed-use zoning, making it suitable for vertical real estate development or as a heritage investment with immediate cash flow.

The property allows for a height of up to five levels, making it an exceptional option for residential, corporate, commercial, or hotel projects. Currently, there are two two-level buildings, fully rented, operating as a hostel and restaurant, ensuring immediate profitability from day one. The property includes existing parking spaces, a key added value in this high-demand urban area, enhancing its appeal for current tenants and future developments. It has a bank appraisal conducted in 2021 for USD $2,250,000 and is now offered below its market value, representing a real purchasing opportunity with potential for profit and appreciation.