RIVIERA RESIDENCES: 12 Home Community for Sale - Profitable Investment Opportunity 5 min walk to Playa Potrero

Playa Potrero, Tempate, Santa Cruz, Guanacaste, Costa Rica

Basic Listing Information

Price
$2,831,650
Listing ID
CS2300011
Property Type
Multiplex
Listing Type
Commercial Sale
Status
Active
Images
64
Beds/Baths
19/17
Location Type
Ocean-Vicinity
View Type
Eastern View, Garden View, Greenbelt View, River View, Southern View, Western View, Wooded View
Total Lot Size
2,172.30 m² (23,382.35 sq ft)
Total Interior Area
691.20 m² (7,439.99 sq ft)

Contact Information

Agency
RealEstateGuanacaste
Agent
Representative
Email
referrals@realestateguanacaste.com

This riverside and coastal modern community consists of 12 homes (a 4 bedroom and 3 bedroom free standing home, four buildings totaling eight 1 bedroom apartments, and two 2 bedroom homes). All houses are scattered across a little bit more than half an acre of 4 consecutive riverfront lots surrounded with amazingly large trees with views into the forest. 10 of the 12 units will be completed by June 1st, 2023 and the three and four bedroom homes are ahead of schedule to complete August 1st, 2023 The community features a large pool area with pool bar with infinity and wading pool, large secured parking area, a large fountain and wading pool, 2 common laundry rooms, a bodega for equipment safekeeping. The newly installed astro turf throughout the common areas with tropical landscaping provides for shade and privacy throughout the property for enjoyment by all residents. This property is designed and developed to offer the option to develop an additional 8 bedrooms if of interest.

Details

Roof Type
Metal
Number of Units
12
Number of Bedrooms
19
Number of Full Bathrooms
17
Number of Rooms
24
Number of Stories
2
Total Interior Area
691.20 m² (7,439.99 sq ft)
Total Area under Roof
927.90 m² (9,987.79 sq ft)
Total Lot Size
2,172.30 m² (23,382.35 sq ft)
Floor Type
Tile
Construction Status
Completed, New Construction, Total Renovation, Under Construction
Construction Status Comment
5 units existed and 7 are in the process of being completed. 10 smaller units will be completed Jun1, 2023 and the large 3 and 4 bedroom homes August 1, 2023. Construction is ahead of schedule.
Construction Type
Concrete, Concrete Block, Insulated Concrete Forms, Steel
Year Built
2019
Year Remodelled
2023
Appliances Included
Microwave, Oven, Refrigerator, Stove, Stove Hood
Air Condition Type
Multiple Wall Units
Furnished Type
Fully
Pool
Yes
Jacuzzi
No
Parking Type
Guest Space(s), Parking Lot
Number of Parking Spaces
12
Telephone
No
Internet Types
Cable Internet
Television
No
BBQ
Yes

Geography

Location
Playa Potrero, Tempate, Santa Cruz, Guanacaste, Costa Rica
Country
Costa Rica
State
Guanacaste
County
Santa Cruz
District
Tempate
City/Town
Playa Potrero
Location Type
Ocean-Vicinity
Geographic Type
Dry Forest
View Type
Eastern View, Garden View, Greenbelt View, River View, Southern View, Western View, Wooded View
Precipitation
Seasonal

Features

Interior Features Included
Breakfast Bar, Ceiling Fans, Eat in Kitchen, Fully Equiped Kitchen, Great Room Floorplan, Handicap Accessible, High Ceilings, Laundry Room, Marble/Granite Countertop, Multiple Master Suites, Natural Wood Finishing, Sliding Glass Doors, Walk-In Closets, Washer/Dryer Hookup, Water Heater
Exterior Features Included
Balcony, Covered Patio, Fenced Yard, Garden, Handicap Accessible, Outside Seating-Area, Storage Shed, Water Faucets
Amenities Included
Lawn Service, Water
Community Features
BBQ, Lawn/Garden Service, Play Ground, Pool, Pool Service
Security Features
Automatic Gate, Gated Community, Perimeter Fencing

Infrastructure

Street Access Type
Unpaved Road
Type of Water
City Water
Type of Sewer
Septic
Type of Internet
Cable Internet
Type of Television
Cable Television
Type of Electricity
Public
Telephone Available
Yes

Financial/Legal

Price per Air-Conditionable Living Area
$4,096.72/m2 ($380.60/sqft)
Price per Total Area Under Roof
$3,051.68/m2 ($283.51/sqft)
Price per Square Meter
$1,303.53/m2 ($121.10/sqft)
List Price
$2,831,650
Ownership Type
Fee Simple

More about this property

Riviera Residences is a contemporary modern architecture. Units have high ceilings with glass from floor to the ceiling 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 to provide privacy from other units through architectural and landscaping design. There are unobstructed green views from every home toward the river with the forest behind it. 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 the agent to speak about this solid investment opportunity. Anyone wanting to run a hotel or simply stay in the 4 bedroom home and make tremendous returns from the other 11 rentals. The Marina that just opened further increases housing shortage in this area with good schools. All properties did produce healthy cash returns and are promised to do even better going forward especially considering the shortage of housing.

Listing Images