Description
Sitting right at the entrance to one of Costa Rica’s most visited beach communities, Dominical, is a very lucrative opportunity to own one of the best commercial properties in the Central Pacific. This very charming beach side commercial complex is a rare find for an investor and it is TITLED property. (not beachfront “concession” property) This 19 unit commercial property is a high occupancy property and has a proven track record of excellent profitability. With its high visibility at the entrance of Dominical, and with views of the Pacific ocean, these high demand commercial units stay rented long term and are able to provide the new owner with a consistent long term source of income. Some of the areas most successful businesses are located in this complex, because this is the best place for them to do business. Only 4 of the 19 units are not occupied, the rest are on long-term leases. With each tenant being responsible for their own utilities and owner expenses minimal, this is a very low overhead property to own and could be easily operated by an absentee owner. The property even has a 3 bedroom apartment that could be lived in by an owner who plans on living here, or have an onsite manager. What makes this opportunity so unique is that the property was recently taken back by a private lender in foreclosure. The lender would now just like to make their investment back and are offering the property at a significantly discounted price. Now being offered at only 60% of the original sales price, this is your chance to make a great investment with very solid returns.We don’t expect this property to stay available for long, because it is very hard to get a commercial investment to give this kind of returns, especially when those returns are solid and long term. Call me or email me ASAP, this deal wont last !!!
