Puntarenas Investment Building: Prime Location with High Yield Potential
Property Overview:
- Asking Price: $640,000
- Bedrooms: 2
- Bathrooms: 4
- Floor Area: 10,953 Square Feet (1,018 Square Meters)
- Lot Area: 0.25 acres (1,018 Square Meters)
- Location: Puntarenas, Costa Rica
Property Highlights:
This prime investment property is located in the heart of Puntarenas, just two blocks from the beach, and offers a high capitalization rate of 12%. Positioned on a corner lot, the one-story building is divided into two units, presenting significant rental income potential and versatility for investors.
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Key Features:
- Total Building Size: 10,953 Square Feet, divided into:
- Corner Unit: 764 Square Meters
- Middle Unit: 184 Square Meters
- Lot Characteristics:
- Regular-shaped lot with flat topography and level access
- Frontages: 24.74 meters on a public street and 42.51 meters on an avenue
- AAA Tenant in Place: Ensures reliable monthly income and financial stability
Financial Highlights:
- Monthly Income: $6,502.62
- Annual Profitability: 12%, calculated in dollars, making this property a lucrative investment
Location Advantages:
- Centrally located in Puntarenas, a key coastal city in Costa Rica
- Just two blocks from the beach, offering proximity to the coast and central business district
- Easily accessible to major transportation routes and public amenities
Investment Potential:
This property is an excellent investment opportunity for those seeking a stable and high return in a strategic location. With its established tenant and prime positioning, the building promises sustained profitability and growth potential.
Contact Information:
For more details on financials, tenancy information, or to arrange a viewing, please contact Real Estate Grupo:
Seize the opportunity to own a cornerstone building in one of Costa Rica’s bustling coastal cities. Contact Real Estate Grupo today!