Apartment for sale in Colón, Mora

Key facts

About this property

This property in Ciudad Colón, Costa Rica, features a fully renovated apartment building located in the center of the city. It consists of three apartments with a total of seven bedrooms and four bathrooms, spread over 484 square meters of construction across two levels on a 290 square meter lot. Built in 2013, the building has been recently remodeled and is well-furnished, making it easy to rent. It is particularly suitable for students attending the nearby University for Peace, but it can accommodate anyone. The first floor contains two apartments, while a larger apartment is situated on the second floor. There is a garage that can hold two cars. Apartment 1 is 48 square meters, with one bedroom and one bathroom, and has an exterior space of 17 square meters, currently renting for USD$550. Apartment 2 measures 77 square meters, featuring three bedrooms and one bathroom, with an exterior area of 40 square meters, renting for USD$850. Apartment 3 is 118 square meters, offering three bedrooms and two bathrooms, along with an exterior space of 154 square meters, renting for USD$900. Currently, the property generates an income of USD$2,300 per month, with expenses around USD$200 per month, resulting in an investment return of over 8%. There is potential for rental increases of up to 40%, and even 100% with Airbnb. The asking price is USD$295,000.

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

Location

Colón, Mora, San José · approximate location