0.24 ACRES – 3 Two Bedroom Villas With Great Central Location, Very Profitable Rental History, 16% ROI!!!

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$395,000

  • MLS: UVI438SR
  • Bedrooms: 6
  • Bathrooms: 3
  • Acres: 0.24

Description

Relocate and instantly be your own boss with this 100% turn-key property that you don’t need a 4×4 to get to! Nestled just 150 meters off the Costanera Sur highway and just 300 meters walking distance to downtown Uvita, this secret gem boasts everything you’d expect from a dream investment property in Costa Rica.

This special jewel is a quaint, little neighborhood unto itself and features three beautifully remodeled casitas, several garden areas, private patios, a bamboo Fresca, and a concrete bodega on a meticulously maintained 1,000m², completely flat parcel with plenty of room for a medium-sized pool. Each two-bedroom, one-bathroom casita was lovingly restored from roof to flooring. Absolutely everything, other than the walls and windows, was replaced and rebuilt to U.S. Construction Code.

No corners were cut on this gorgeous labor of love.  Every roof was insulated when it was being replaced with Ferromax’s seamless “EcoTecho” roofing creating a leak-free, long-lasting product that reflects 30% of the heat from the Sun. This subtle detail also works effectively to work as a sound barrier, drowning out the sound of heavy rain! This attention to both the form and function of every detail is carried throughout all three units and is paramount to what makes this place so incredibly distinct.

Further amplifying the demand for this location, this community boasted a 95% rental rate through a single channel (Airbnb) since opening its doors to guests in mid-December 2019. Guests have gushed about The Buddha By Ballena quickly earning the well-deserved and highly coveted “Super Host” status. Features like high-speed internet, an uninterrupted power supply, and uncharacteristically comfortable beds have been massive hits with guests that prefer to stay in luxurious comfort while they consider their budget. Patrons adore the ease of parking and the safety a gated community offers while children happily play in the ample yard area.

Despite being within walking distance to the center of town, the property gardens and surrounding foliage attract countless butterflies, monkeys, iguanas, and a variety of birds including, but not limited to: toucans, scarlet macaws, hummingbirds, parrots, and woodpeckers have all been popular attractions not to mention the pink clouds as the sun sets and an endless starry sky whose romance is only rivaled by the beauty of the Fireflies that dance and flitter about into the wee hours.

Inhabit one casita and rent the other two or rent all three casitas and live off-site. Perhaps friends and/or family could be your immediate neighbors? The choice is yours and the options are endless!  Live the Pura Vida lifestyle without compromising the daily comforts of living in peace and tranquility.

Other features include:

Imported Spanish, slip-resistant porcelain tiles inside and out;
Top of the line plumbing fixtures and sinks;
Quality furnishings and decorations imported from the United States from higher-end shops like Pottery Barn, West Elm, IKEA, Target, HomeGoods, and more;
High Efficiency (16 SEER) Mini-split air conditioner in each casita;
Well-appointed kitchens with granite countertops;
100% LED lighting for energy efficiency and maintenance-free operation;
Web-accessible security cameras on all common areas for added security and reduced liability;
On-site laundry facility for easy change-over;
Website, hosting, social media, staffing, contractors, managers, etc. also available to transition to new owners.

 

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