Quepos AguirrePuntarenasCosta Rica00001
The Commercial for Sale located at Quepos Aguirre Puntarenas 00001 Costa Rica with 10 bedrooms, 10 bathrooms is currently for Sale, Quepos Aguirre Puntarenas 00001 Costa Rica is listed for $1,200,000. If the property located at Quepos Aguirre Puntarenas 00001 Costa Rica isn't what you're looking for, search Costa Rica Real Estate to see other Commercial for Sale in Quepos Aguirre .
MLS ID : 23238
$1,200,000 USD
- Total rooms
- 10
- Minimum sellable space
- 690m²
Property features
Area
- Property size
- 690m²
- Land/Lot size
- 750m²
- Bedrooms
- 10
- Bathrooms
- 10
- Total rooms
- 10
Description
Puerta del Cielo was built in 2008 and has always been family owned and operated. The 4 story building with elevator access was designed as a multi-use space that can be used as commercial offices or as a boutique 8 room hotel. The top level (4th floor), features a 2 bedroom, 2 bathroom villa with a 360 degree wrap around balcony overlooking the ocean and surrounding mountains. This balcony is idea for sunsets and watching the macaws fly by. Additionally, on the entry level there is a quant little cafe that offers breakfast and lunch! Building Distribution: Level One: Cafe/Restaurant, 2 rental units Level Two: 3 rental units Level Three: 3 rental units Level Four: 2 bedroom ocean & mountain view villa (Elevator has entry card to grant access per floor) The property offers parking and is centrally located on the corner of the main downtown strip & walking distance to everything. Across the road there is a supermarket, 450 meters away is the ocean and & 1 km away is the famous Marina Pez Vela. There are countless markets, restaurants, bars and shopping all within the immediate vicinity which makes this location so central. Personalize the property: All rooms feature tall ceilings, large open floor plans which could accommodate new ideas and personalisation very easily. With a very modest investment, the 8 rental units could easily be comforted in 1 bedroom studio apartments. Security: Puerto de Cielo has security from 6pm-6am. The entry level of the property is gated and the elevator works exclusively with a key card. History of the building: After completion of construction Levels 1-3 from 2009 – 2014 on a long term lease for $10,000 USD per month + utilities / $120,000 year; while the top level was used as the family’s personal villa. Since 2014, the family rents out 7 of the rental units (mix of commercial, short & long term rentals) producing on average of $5,500 per month. If the 2 bedroom villa, 1 rental unit and the cafe were leased the property would generate up to $10,000 per month with no additional investment. Utilities: Water: There are currently 2 meters for the building, provided by the local municipality AYA. Electricity: There are 10 electric meters, each rental unit has individual meter provided by ICE. Investment: Puerta de Cielo is great opportunity as it offers a way to diversify your portfolio. This investment can adapt to the ever changing market by offering a mixture of short terms rentals, long term rentals, commercial offices and restaurants space. (ref:23238)