Boutique Condo Opportunity, Hotel, Restaurant/Bar, Gallery on site
- Immediate ROI
- Type: Condominium
- Style: Single Story
- Bedrooms: n/a "1 to 3 bedrooms available"
- Size: 0 sq. ft. "541 sq ft to 3500 sq. feet"
- Development Level: Built
- Lot Type: Rectangular
- Year Built: 2014
This is a solid opportunity for a condo of your own in Jaco, Costa Rica, that has seen unprecedented 50% growth in rental revenue between same month sales in 2015 vs. 2016. Management expects this growth to continue well into 2018 when project matures to its third year.
This is a fully titled, stress free condo, fully furnished and equipped, located within a hotel that includes and boutique gallery, restaurant and shopping area. This boutique development was finished to luxury specifications, has on site management as well as development office in Jaco. The location is off of Jaco’s main street, on a street that is considered now to be “the new Main Street” in Jaco. Location is about 1 mile from the sand.
The condo-hotel model allows owner to maximize rental revenue through fully integrated hotel administration and 5 star amenities. One of the most successful projects in the city, owners have the flexibility to use their unit when they please and have it rented out by onsite hotel administration on a daily basis.
The 2016 Pricing and Availability is as follows (please call or write for an update anytime).
a. 1 bedrooms start at $148,000
b. 1 bedroom/1 loft at $209,000
c. 2 bedroom $265,000
d. Penthouse $537,000
Developer offers 5% guaranteed returns in your first year of ownership.
Ranked by Expedia.com three times as the Central Pacific’s #2 best selling hotel in the first quarter of 2016.
This is one of the best options for someone that wants to have an affordable, headache free, condo property in an area of high growth and an exploding rental market. Contact me ASAP as inventory is selling quickly.
HOA fees are some of the most reasonable in town (see chart in “pictures”)
Information is deemed to be correct but not guaranteed.