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Multi-Unit Investment Opportunity, 3 Apartments 5 Minutes from Playa Grande

Multi-Unit Investment Opportunity, 3 Apartments 5 Minutes from Playa Grande Matapalo, Guanacaste
Description

This income-producing property in Matapalo offers three fully independent rental apartments just minutes from Playa Grande. Set on a 5,468 sq ft lot, the property includes one spacious 2-bedroom unit and two modern studios, each with private patios and dedicated parking. Originally built in 2019 and fully renovated in 2025, it’s ready for immediate rental income with future expansion potential at the front of the lot. A rare turnkey opportunity in a high-demand coastal market.

What Makes It Special

  • 3 Separate Units – One 2-bedroom apartment plus two stylish studios
  • Private Entrances & Outdoor Patios – Each unit enjoys its own outdoor living space
  • Dedicated Parking – Secure parking for all residents and guests
  • Fully Renovated in 2025 – Modern finishes, fresh paint, and upgrades throughout
  • Solid Construction (2019) – Concrete build with thoughtful layout for rental flexibility
  • Additional Build Space – Front of lot suitable for expansion or small commercial project

Location Highlights

  • 5 minutes to Playa Grande – surfing, wildlife, and pristine beaches
  • Close to supermarkets, restaurants, and daily conveniences
  • 20 minutes to Tamarindo – dining, nightlife, and international schools
  • 1 hour to Liberia International Airport (LIR)

Investment Opportunity

  • Turnkey Income Property – Rent-ready with strong ROI potential
  • Live & Earn Model – Live in one unit, rent out the others
  • Expansion Potential – Space to add units or a commercial element
  • High-Demand Location – Strong market for both vacation rentals and long-term tenants

Contact Terra Azul Real Estate

Gonzalo Huarcaya | Owner & Broker
Office: +1.877.508.7720 | WhatsApp: 506.8973.7290
Email: gonzalo(at)terraazulrealestate(dotted)com

At Terra Azul Real Estate, we're proud to offer premier Costa Rica Real Estate. Our portfolio includes beachfront condos, luxury homes, development land, and investment properties along the Gold Coast.

Considering a move to Costa Rica? We're your trusted partner for relocation planning, legal guidance, and lifestyle support. Let us help you find your ideal property.

Your Costa Rica Dream Starts Here.

Overview
  • Property Type: Multi-unit
  • Lot Size: 5,468 sq ft
  • Bedrooms: 4 total (2BR main unit + 2 studios)
  • Bathrooms: 3 total
  • Units: 3 independent apartments
  • Year Built: 2019 | Renovated: 2025
  • Construction Style: Concrete, single-level
  • Zoning: Residential with potential for commercial use
  • Condition: Fully renovated and move-in ready
Features and Amenities
  • Garden views
  • Private patios for each unit
  • On-site dedicated parking
  • One-story layout
School Info
  • Costa Rica International Academy (CRIA)
  • La Paz Community School
  • Pacific Waldorf School
  • Journey School
  • Educarte
  • Tide Academy
  • The Renaissance Institute (IREN)
$299,000
  • Lot Size 508 m² | 5,468 sq ft
  • Property Type Multi-Unit
  • Bedrooms 4
  • Bathrooms 3
Interested In
Multi-Unit Investment Opportunity, 3 Apartments 5 Minutes from Playa Grande
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