Investment Property with 4 Rental Units and Development Potential in Downtown Quepos
Excellent investment opportunity in downtown Quepos, conveniently located next to Banco Popular. The property sits on an 895 m² (approximately 9,634 sq. ft.) lot, currently generates rental income, and has approximately 40% of the land undeveloped—offering significant potential for future expansion.
The property includes four long-term rental units: three one-bedroom apartments and one three-bedroom house. Each apartment features a living room, kitchen, and private outdoor laundry area. The house offers three bedrooms, one bathroom, a living room, kitchen, and an outdoor laundry room.
Each unit has separate water and electricity meters, making utility management simple and convenient. The property currently generates a combined monthly rental income of ₡590,000, equivalent to ₡7,080,000 per year.
Approximately 358 m² (about 3,853 sq. ft.) of the property remains undeveloped. This area may offer the possibility of adding more residential units, parking spaces, commercial space, or a mixed-use project. Any future construction or expansion would be subject to zoning regulations, utility availability, and the required permits.
Property highlights:
• 895 m² lot
• Approximately 40% undeveloped land
• Three one-bedroom apartments
• One three-bedroom house
• Four currently rented units
• Current rental income of ₡590,000 per month
• Separate water and electricity meters
• Strategic downtown Quepos location
• Potential for expansion and increased rental income
Asking price: ₡150,000,000.
An ideal opportunity for investors seeking immediate rental income, a central location, and future development potential. Contact us for additional information or to schedule a showing.