Investment Luxury Condo Bulk Sale – High Cap Rate. Featured by Jeff Cline and Micael Finch at 480-442-8395.

Beautiful Costa Rica 13 Unit Luxury Condo Building Available to Operate with High Investment Cap Rate or Value Add Reposition with High IRR.

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Offered at USD $5,499,000.

Purchase this amazing 13 condominium unit building in Costa Rica located on the Pacific Ocean side. Local third party managed for rental, AirBnB rental, local hotel wholesale resale or reposition as resale the condominiums.

El Cubil offers a unique opportunity to invest in a premier hotel condominium building that is of high quality construction and located at in a 5 – star resort region visited by tens of thousands annually. This building is an attractive alternative to purchasing a single condo and dealing with the hassles of trying to manage the property for income while you aren’t occupying it. Super high end American design, furniture and interior finish levels. Purchase ALL or PART of the 13 luxury unit building for an income producing asset.

Located in the residential area of Hermosa Beach, a short walking distance from the beach, El Cubil achieves a fusion between quality of life, style, and nature.

Playa Hermosa is located in the northern area of the area of Guanacaste. This attractive tourist destination offers visitors splendid natural scenery surrounded by a tropical forest. Playa Hermosa is located to the north of Playas del Coco in Guanacaste; important National Parks such as Rincon de la Vieja National Park, Palo Verde National Park and Santa Rosa National Park can be found at short distances.
Property Features:
  • 24 hour surveillance
  • Three bedroom condominiums
  • Fire protection systems
  • Emergency stairs
  • Swimming pool common areas
  • Solarium with pergola
  • Drinking water storage tank
  • Porte-Cochere
  • Ventilated Facade
  • Power Generator
  • Elevator
  • 2 parking spots per condo
  • Paved Road
  • Private storage room for each condo
  • Nature is present throughout, impressive plants cover the front of the building providing it a fresh and contemporary image
  • Ten day average guest visit
  • 15 minutes from International Airport
  • 10% to 12% Cap Rate considering a conservative 60% occupancy rate
  • 2,592 guest room nights per year
  • 14 nearby 4-5 star resorts  may ‘resale’ these 3 bedroom villas to support tourist demand
  • Minimum four unit purchase per buyer (or buyer group)

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Jeff Cline

SVN  I  RealStar Advisors

Phone: 480-797-9825

eFax: 480-499-8395

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