Location: Junquillal, Costa Rica
Are you looking to earn rental income while living in a spectacular beachside paradise? This home features two separate, one-bedroom rental suites on the first floor alone, with an office that could be converted into another bedroom. The second story is a complete, comfortable home for a family of four or five, wrapped with terraces and adorned with balconies.
It is located exactly one-mile from a gorgeous beach beach, walking or driving distance. It would be the perfect place to retire in comfort, or its three guest bedrooms with in-suite bathrooms can be used as rentals while a family lives privately upstairs. With spacious, manicured grounds, a beautiful pool and a covered barbecue area, a serious investor could add more rental units and create a beautiful B&B.
The home was built in 2011 and is in perfect condition. The property measures 1.25 acres, though the owner is willing to negotiate with buyers to include a second, 1.25-acre adjacent lot. Mature fruit trees offer another benefit - fresh, organic citrus juice, mangoes and more.
Located in the quiet beach community of Playa Junquillal, the home's main living space features beautiful vaulted ceilings; it is full of light. Terraces off of the family room and master suite are the perfect place to enjoy sunsets over the coast, offering wonderful "peek-a-boo" ocean views.
The community's two biggest advantages combine for an amazing quality of life - it is relatively un-developed, but residents enjoy access to the amazing infrastructure. A paved highway ends just under a mile from this home, so owners and rental guests can get to the tourism hub of Tamarindo in just 30 minutes or an international airport in an hour. The community also has one of the best water sources in the entire Nicoya Peninsula and is staged to steadily grow over the coming years.
In the mean time, residents can typically stroll along beaches with few other people in sight, and the local business community features mostly small, family-run enterprises.
Today, building this home on this size of lot, located this close to the beach, would easily cost $700-750,000. Accelerating investment in the area is fueling a renaissance in the local real estate market, making this a solid place to invest for the medium to long term.
The owners are ready to sell and have offered their gorgeous, turnkey home at a reasonable price. New owners would be able to toast their purchase from the terrace, watching sunset over the Pacific, on the day of closing, then wake up to swim in the pool, listen and watch monkeys and greet the dawn of a new life.