Unique Beach House in Costa Rica

xxx Queens Wharf Rd

Asking: $420,000

Repair: $TBD

ARV: $TBD

Description

FOR SALE by OWNER!!! $420,000 MOTIVATED SELLER!!!! This beautiful property is located just half a mile from the beach in Playa Bandera, on the Central Pacific Coast of Costa Rica. Playa Bandera is a quiet little beach town with plenty of local Costa Rican Pura Vida vibe and the infrastructure to become the next up and coming place. Perfectly located in between Quepos/Manuel Antonio and Jaco/Hermosa, and just 2 hours to the international airport. The newly paved road to Playa Bandera beach boasts Costa Rica’s first bike path and leads to a gem with great waves, warm water, wildlife galore, friendly locals and a real Pura Vida lifestyle. The property is a little less than half an acre. Large mango trees line one side of the property and around 25 different exotic fruit trees and shrubs are growing throughout the property. This is a mini food forest heaven. There is a newly built metal framed greenhouse in the front fenced in yard to grow your greens and other veggies right out your front door. The house covers an area 250 sq meters (2690 square feet), with 3 bedrooms and 3 bathrooms between the two units. The second level is the main part of the house with 2 bedroom 2 baths. Both bedrooms have their own private balconies, and the Master bedroom has an en-suite bathroom. Open kitchen to living room design. Beautiful solid wood kitchen island and accents throughout. The high ceilings, skylights and windows in the main living area let natural light pour into the space and help maintain great air circulation with the pacific breezes. Sliding glass doors on both sides open up to a wraparound balcony with beautiful views of the garden, perfect for outdoor grilling and dining. The open kitchen – living room floor plan includes a beautiful cenizaro wood island with eating area where guests can gather while the chef cooks in this well-equipped and designed kitchen. It also includes a third level with a spacious balcony with views to the mountains and the sounds of the ocean. It is a great space for sunrise/sunset, yoga or just to relax and garden. On the first floor there is a fully equipped studio with a large covered lounge space outside. The house has a separate laundry room on the first floor, ventilated locked storage area, and multiple first floor patio spaces. Finally, this property has so many possibilities for multifamily living or income generation. The existing studio has been both a long-term rental and a successful Airbnb. There are plans for an additional one-bedroom unit downstairs and plenty of space for another guest house in the gardens. The septic system was oversized with these possibilities in mind and can carry another 3-4 bedrooms of space. The property is on municipal water but also has a backup 1,200 liter water tank and pump. The surrounding properties are for sale also if interested in making it an even larger property.

Facts and Features

Type

Multi Family Housing

SQFT

Units

Bedrooms

bathrooms

Status

Active

Monthly Income

Tenanted

No

Additional Details

Asking Price
$420,000
Estimated Repairs
$TBD
Estimated ARV
$TBD
Property type
Multi Family Housing
Property Location
Toronto ON
Property status
For Sale
Tags
Popular

Investment Type

  • As Is
  • BRRRR
  • Cashflow
  • Fix and Flip
  • House Hacking
  • Short Term Rental

Rental Income

The total income for this property is:

Get In Touch With the Seller

Oliver Beddows Oliver Beddows

Sales Executive

  • 4.8/5
  • (67 reviews)
[email protected] 123 900 68668

Location

Map

xxx Queens Wharf Rd,
M5V

Mortgage calculator

$
$
%
Monthly Payment
$
Total Cost of Loan
$
Total interest Paid
$

Financial Review

Financial Analysis

Unfortunately there isn't enough information to determine the IRR and other financial factors. Contact the owner to get the necessary infomration.

Need help With Financing? (Let's Partner)

Drop us a note about this property and we can discuss the different options available for partnership!
Reach us here by phone or email

Similar Properties You May Like

Buy a new property

Are You a Wholesaler?

We can help you find investors and assign your contracts FAST .

Sell a home

Sell a Property

Looking to sell a property fast for cash? We can help you find the right buyer fast. Send us a note.