La Meridiana Condominiums- Project with amazing location-room for expansion La Josefina (Tamarindo, Guanacaste, CR ) Built

$9,250,000

Costa Rica Pacific Properties

  • Type: Residential
  • Style: Single Story
  • Bedrooms: 132
  • Bathrooms: 100
  • Garage: 120-Stalls
  • Size: 2,400 sq. m.
  • Development Level: Built
  • Lot Size: 26000 sq. m.
  • MLS #: 011655

Description

La Meridiana is situated in a tranquil environment dotted with palm trees, with swimming pools and green mountainous views spread out along the horizon, lawns and leisure areas are impeccably groomed, providing the ultimate luxury and comfort.

The Guanacaste district in which La Meridiana is located is an evolving tourist destination that draws a crowd of residents from around the world, especially the United States and Canada. The atmosphere in the area is young and vibrant.

A short distance from the compound:

3 successful schools, shopping centers, restaurants and super-Markets, beaches and entertainment venues for the benefit of residents and tourists.

Construction plans are approved for a total of:

- 84 luxury apartments and one level units
- 120 parking spaces
- Tennis Court & playground
- 2 big pools
Total land of 25,000 Square meters.

Already Built and Rented:

- 24 luxury apartments finished and furnished fully rented, distributed as follows;
- 4 units – 1 bedroom apartments
- 10 units – 2 bedroom apartments
- 10 units - 3 bedroom apartments.
- 8 Condo buildings in architectural design
- Main pool
- Tenants with annual contracts

Currently under construction (concrete stage) - will be delivered finished brand new, 28 luxury apartments distribured as follows;
- 4 units – 5 bedroom apartments
- 20 units - 3 bedroom apartments of different sizes and layouts.
* Buyer can decide if to rent long/ short term or to sell individually in a hot market with low inventory.

Bonus development parcel:
- Land for additional 30 or more one level units – developed with infrastructure, only need to renew the
municipal permits already obtained few years ago.

Summary:
- 24 fully rented condos
- 24 brand new condos
- 1.3 Hectare land for development

Current investment group owns 100% of the property. The project is for sale as one, however investors are open for selling whole blocks offering attractive ROI with existing long term rentals, and additionally open for a scenario of a 50/50 partner or joint ventures to continue developing the project.

Attachments

Brokered and Advertised by : NATIVU Costa Rica
P2#522091414
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Information is deemed to be correct but not guaranteed.