0.47 ACRES – 10 Rental Unit Villas With Breathtaking Ocean Views, Plus 1 Bedroom Home, Perfect Rental Business!!!
- MLS: MA247
- Bedrooms: 14
- Bathrooms: 12
- Acres: 0.47
This gorgeous property offers an extremely valuable business opportunity in the heart of Manuel Antonio, a high-demand tourist destination in Costa Rica. Set in the jungle with breathtaking ocean views, Villas Pascal comprises five buildings nestled in the verdant rainforest and bathed in sea breezes. Currently operating as a long-term apartment compound, this property generates $10K+ per month. If Villas Pascal were transitioned to a short-term rental business, this income could easily double (or more).
Including five separate buildings offering a total of 10 rental units, all are built on a solid rock foundation. Each unit has a deck facing southeast looking out over the Pacific Ocean and Manuel Antonio Park, and access to the common areas distributed throughout the property, which enhance a sense of community amongst the residents.
At the street level is the original 3-floor building with separate 3 apartments, and a garage with parking for one car. An incredibly sturdy build, this house was the first bed and breakfast destination in Manuel Antonio. At the foot of this building is a common-use pool, also with views of the ocean.
Also at street level is a gated, covered, 2-car parking area below which is a fully equipped apartment with a kitchen, living area, deck, and 2 bedrooms and ensuite bathrooms. This structure is so solidly constructed, it can safely be elevated an additional 2 stories offering further development opportunities.
Nestled down the slope of the property is a two-story house, approximately 1500 square feet, with a ground floor with a large bedroom, a bathroom, and an open-concept living/kitchen area with a deck. The second floor is half enclosed ( a second bedroom ), and half open air as a large deck. Yet this upper floor has a separate entrance allowing it to be easily transformed into a second, self-contained apartment.
Beside that is an 800 sq ft. house, set apart from the rest, with a kitchen, living indoors and out, one bedroom, and a deck. This little house enjoys jungle and ocean views.
Between the original casa and the 2 story house, is a large house containing 3 fully equipped one-bedroom and one-bath apartments all with kitchens plus living areas inside and out. This structure also boasts a large, common area roof patio with a BBQ area accessible to the whole compound.
A charming river runs through the bottom of the property attracting fascinating wildlife. A small tree house affords a space to watch the river life. The property is full of fruit trees, has 3 separate, fully equipped laundry rooms, and street-level parking for 6 more cars.
This is a one-of-a-kind hospitality business opportunity that can be shaped in several ways according to the buyers’ desires. Well worth a look.