Playa Potrero, Tempate, Santa Cruz, Guanacaste, Costa Rica
This riverside modern community consists of 5 free standing houses scattered across 27,000 square feet of consecutive riverfront land surrounded with amazingly large trees with views into the forest. The community features include a large pool area with pool bar with infinity and wading pool, large secured parking area, a large fountain, 2 common laundry rooms, a bodega for equipment safekeeping, and secured workshop. The newly installed astro turfthroughout the common areas with tropical landscaping provides for shade and privacy throughout the property for enjoyment by all residents. The Marina under full development further increases housing shortage in this area with good schools. All properties are fully rented and produce a healthy 5-6% net cash return. This property is ideal for short term rentals and more than could double the rental income, residential expansion as there is still an empty lot within the community or a boutique hotel.
Riviera Residences is designed to combine traditional handcrafted roof tiles with modern contemporary architecture. All units have high ceilings with glass from floor to the roof with 14,16, and 18 feet respective ceilings heights, to allow the stunning canopy to become part of every living space. Every house was designed to fit that particular location, views and privacy from other units through architectural and landscaping design. There are unobstructed green views from every home toward the river and there is a farm on the other side of the river bank. Surfside - Playa Potrero - Playa Flamingo. Potrero Beach is less then a 5 min walk from the residences. Simply turn left leaving the gate and you will reach the ocean. You can even hear the ocean break from the property itself. MerKado and Wendy Grocery stores are about 10 min walking distance with at least 15 restaurants in the immediate area. Here we ask what beach you want to go to as we are within minutes of the nicest beaches in the country (Playa Piratas, Mina, Conchal, Flamingo, Penca, Prieta, Pan de Azucar, Dantita, Zapotal, etc. are all stunning white sand beaches. With Brasiltio, Danta, Potrero beaches being stunningly beautiful just a little darker in sand color. Surfing just south in Tamarindo, Playa Grande, Avellanas, Negra,... and a boat ride to Ollie's Point and Witch's Rock just north offers world class surfing all year long. This is also one of the fishing spots in the world with Coco, Flamingo, Tamarindo offering daily fishing tours in multitude to match your budget. The new marina in full development since last year, will ensure this is a good investment opportunity no matter how you look at it. Contact to speak about this solid opportunity and how to double the ROI by simply switching to long term rentals. Note: motivated seller!