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$ 1,999,990
Est. payment /mo
New
Villarreal Tamarindo, Guanacaste 50309
16 Beds
16 Baths
8,611 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 8,611 sqft
Price per Sqft $232
MLS Listing ID CR26014759M
Bedrooms 16
Full Baths 16
Year Built 2011
Lot Size 2.061 Acres
Property Sub-Type Single Family Residence
Property Description
Looking for an investment project generating income from day one, with room to grow?
This residential development in Villarreal, Guanacaste, offers direct frontage on the main road connecting Huacas and Villarreal, one of the busiest and most in-demand routes in the Tamarindo and Flamingo area, home to two of Costa Rica's most sought-after beach destinations.
The property features 16 existing houses, each on its own lot, plus 19 additional lots ready for development, offering 2,815 m² of undeveloped land, on a total property area of 8,339 m².
Strategic Location
The property is located next to a commercial area with supermarkets, medical services, veterinary clinics, restaurants, and schools, all within just a few dozen meters. This convenient location supports rental demand and provides ongoing appeal to both tenants and buyers.
An Ideal Opportunity for Developers
This property is well suited for a condominium project, residential development, or long-term rental housing. The area between Huacas and Villarreal is experiencing significant growth in these types of developments, driven by demand for permanent residences and long-term rentals.
The 16 existing houses can be renovated or demolished, with the advantage of having 16 active water meters, providing a valuable starting point for a new development without having to begin entirely from scratch.
Project Features
Total land area: 8,339 m²
Area occupied by the 16 existing houses and their lots, including the internal road: 5,524 m²
Existing houses: 1- and 2-bedroom units
Utilities: Each of the 16 houses has its own water connection, water meter, and electricity service, allowing the units to be rented independently.
19 additional building lots: Already subdivided and ready for construction, totaling 2,815 m², with water and electricity infrastructure installed.
Remaining requirement: The official water service connection for the 19 additional lots needs to be updated with the water utility company.
Key Advantages for Investors
Direct frontage on one of the area's busiest roads, with commercial establishments and essential services just steps away.
An established project with 16 existing units offering immediate rental income potential.
Room for expansion through the development of 19 additional lots.
An attractive opportunity for investors and developers seeking residential projects or long-term rental income.
This residential development in Villarreal, Guanacaste, offers direct frontage on the main road connecting Huacas and Villarreal, one of the busiest and most in-demand routes in the Tamarindo and Flamingo area, home to two of Costa Rica's most sought-after beach destinations.
The property features 16 existing houses, each on its own lot, plus 19 additional lots ready for development, offering 2,815 m² of undeveloped land, on a total property area of 8,339 m².
Strategic Location
The property is located next to a commercial area with supermarkets, medical services, veterinary clinics, restaurants, and schools, all within just a few dozen meters. This convenient location supports rental demand and provides ongoing appeal to both tenants and buyers.
An Ideal Opportunity for Developers
This property is well suited for a condominium project, residential development, or long-term rental housing. The area between Huacas and Villarreal is experiencing significant growth in these types of developments, driven by demand for permanent residences and long-term rentals.
The 16 existing houses can be renovated or demolished, with the advantage of having 16 active water meters, providing a valuable starting point for a new development without having to begin entirely from scratch.
Project Features
Total land area: 8,339 m²
Area occupied by the 16 existing houses and their lots, including the internal road: 5,524 m²
Existing houses: 1- and 2-bedroom units
Utilities: Each of the 16 houses has its own water connection, water meter, and electricity service, allowing the units to be rented independently.
19 additional building lots: Already subdivided and ready for construction, totaling 2,815 m², with water and electricity infrastructure installed.
Remaining requirement: The official water service connection for the 19 additional lots needs to be updated with the water utility company.
Key Advantages for Investors
Direct frontage on one of the area's busiest roads, with commercial establishments and essential services just steps away.
An established project with 16 existing units offering immediate rental income potential.
Room for expansion through the development of 19 additional lots.
An attractive opportunity for investors and developers seeking residential projects or long-term rental income.
Location
State Guanacaste
County Santa Cruz
Interior
Furnishings Unfurnished
Fireplace No
Exterior
Utilities Available Natural Gas Not Available
Water Access Desc Public
Total Parking Spaces 16
Building
Story 1
Water Public
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