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$ 400,000
Est. payment /mo
Active
, San Rafael, Escazu, San Jose Escazu, SanJose
6 Beds
6 Baths
4,628 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 4,628 sqft
Price per Sqft $86
Subdivision San Rafael
MLS Listing ID CR261119373
Bedrooms 6
Full Baths 4
Half Baths 2
Year Built 2012
Lot Size 2,841 Sqft
Acres 0.07
Property Sub-Type Condominium
Property Description
Real Estate Investment in Escazú: Two Apartments with Immediate Rental Income in Trejos Montealegre
In Costa Rica's competitive real estate market, opportunities that combine immediate cash flow, a strategic location, and a below-market purchase price are highly sought after by investors. This property in Trejos Montealegre, Escazú, brings all these elements together, positioning itself as a solid and profitable investment.
Prime Location
Trejos Montealegre is one of the most exclusive and high-value neighborhoods in Escazú. It is well known for its proximity to corporate centers, restaurants, hospitals, shopping areas, and prestigious educational institutions. This strategic location ensures strong rental demand and sustained property appreciation over time.
Property with History and Structural Integrity
The property was built in 2012 and is part of a development consisting of three independent apartments, of which two are currently available for sale. This configuration offers independence and flexibility, making it ideal for investors seeking to diversify their income streams.
Apartment Features
Construction Areas: 250 m² and 180 m² (Total: 430 m²).
Layout of Each Unit:
3 bedrooms
2.5 bathrooms
Functional kitchen
Integrated living and dining areas
Maid's quarters with a private bathroom
Parking spaces
Integrated water storage tank in both apartments
No HOA or condominium fees, enhancing net profitability.
Private community security, providing peace of mind for residents.
Immediate Cash Flow
Both apartments are currently rented, allowing the investor to generate income from day one:
Apartment 1: $1,200 per month
Apartment 2: Between $1,500 and $1,800 per month
Estimated Monthly Income: $2,700 – $3,000
Estimated Annual Income: $32,400 – $36,000
Price per Square Meter: A True Opportunity
One of the most compelling aspects of this investment is its below-market price per square meter:
Average price in the ar
In Costa Rica's competitive real estate market, opportunities that combine immediate cash flow, a strategic location, and a below-market purchase price are highly sought after by investors. This property in Trejos Montealegre, Escazú, brings all these elements together, positioning itself as a solid and profitable investment.
Prime Location
Trejos Montealegre is one of the most exclusive and high-value neighborhoods in Escazú. It is well known for its proximity to corporate centers, restaurants, hospitals, shopping areas, and prestigious educational institutions. This strategic location ensures strong rental demand and sustained property appreciation over time.
Property with History and Structural Integrity
The property was built in 2012 and is part of a development consisting of three independent apartments, of which two are currently available for sale. This configuration offers independence and flexibility, making it ideal for investors seeking to diversify their income streams.
Apartment Features
Construction Areas: 250 m² and 180 m² (Total: 430 m²).
Layout of Each Unit:
3 bedrooms
2.5 bathrooms
Functional kitchen
Integrated living and dining areas
Maid's quarters with a private bathroom
Parking spaces
Integrated water storage tank in both apartments
No HOA or condominium fees, enhancing net profitability.
Private community security, providing peace of mind for residents.
Immediate Cash Flow
Both apartments are currently rented, allowing the investor to generate income from day one:
Apartment 1: $1,200 per month
Apartment 2: Between $1,500 and $1,800 per month
Estimated Monthly Income: $2,700 – $3,000
Estimated Annual Income: $32,400 – $36,000
Price per Square Meter: A True Opportunity
One of the most compelling aspects of this investment is its below-market price per square meter:
Average price in the ar
Location
Province SanJose
County Escazu
Interior
Furnishings Unfurnished
Fireplace No
Exterior
Water Access Desc Other
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Water Other
Level or Stories Two
New Construction No
Others
Pets Allowed No