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Multi-Unit Income Property in Villareal – Near Tamarindo
$899,000
  • 10
  • 9
  • 2,712 m² | 29,192 sq ft

This multi-unit property near Tamarindo, Costa Rica offers a rare opportunity to acquire a fully built and operational income-producing asset. Located in Villareal, just minutes from Tamarindo, the property combines strong rental performance with long-term investment potential.
Set on a 2,712 m² lot, the property includes approximately 400 m² of solid concrete construction. The layout is thoughtfully distributed across five independent residential units. As a result, it supports a variety of rental strategies, including short-term, long-term, or a hybrid model.
The unit mix includes:
• 2 studio units• 1 two-bedroom casita• 2 three-bedroom homes
At the center of the property, a shared pool and common area create a cohesive environment. At the same time, each unit maintains a sense of privacy. This balance is key for strong occupancy and repeat demand.
In addition, the property is fully enclosed with perimeter fencing and an electric gate. This allows for secure and efficient day-to-day management.

Location
The property is located in Villareal, within the Tamarindo district. From here, you are just minutes from Tamarindo’s beaches, restaurants, and services. However, the setting remains quieter and more residential. This makes it appealing for both long-term tenants and short-term guests.

Why You’ll Love It
• Established multi-unit rental property with proven performance• Five independent units offering flexible rental strategies• Shared pool and common area for guest experience• Gated property with perimeter fencing and secure access• Solid concrete construction designed for durability• Located minutes from Tamarindo’s beaches and amenities• Ideal for short-term, long-term, or hybrid rental models• Strong potential for long-term appreciation and income growth

Contact Terra Azul Real Estate

Catalina Figueres | Real Estate Advisor
Office: +1 (877) 508-7720 | WhatsApp: +(506) 8943 - 6120
Email: [email protected]  

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.

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Property Details
Overview
  • Location Villareal, Guanacaste
  • Lot Size 2,712 m² | 29,192 sq ft
  • Construction Size 400 m²
  • Number of Units 5
  • Unit Mix 2 studio units, 1 two-bedroom casita, 2 three-bedroom homes
  • Total Number of Bedrooms 10
  • Total Number of Bathrooms 9
  • Zoning Residential / Multi-unit use
  • Distance to Beach Approximately 10 minutes to Tamarindo
  • Security Gated entry with perimeter fencing
  • Utilities Water and electricity available
Features and Amenities
  • Residence: Multi-unit residential layout; Independent rental units; Shared swimming pool; Central common area; Gated property; Perimeter fencing; On-site parking; Established landscaping; Flexible rental configurations; Income-producing structure; Privacy between units; Convenient access to Tamarindo; Quiet residential setting
Interior & Exterior
  • Interior Features Included: Concrete construction; Functional unit layouts; Open living areas; Equipped kitchens; Private bedrooms; Natural light throughout; Ceiling fans; Air conditioning in select areas; Durable finishes; Low-maintenance interiors
  • Exterior Features Included: Swimming pool; Outdoor common area; Landscaped gardens; Gravel and hardscape pathways; Covered outdoor spaces; Perimeter fencing; Electric gate entry; Mature vegetation; Flat usable land; Easy vehicle access
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