Harmony Apartment Complex – 13-Unit Income Property in Central Playas del CocoArmonía Apartment Complex – 13-Unit Income Property in Central Playas del Coco

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ID: EB-SV1936
Published 23 days ago
US$ 1,100,000
For Sale

Harmony Apartment Complex – 13-Unit Income Property in Central Playas del CocoArmonía Apartment Complex – 13-Unit Income Property in Central Playas del Coco

Commercial in Playas del Coco, Sardinal

Palm Real
Published by Palm Real Estate
Palm Real Estate
15 bathrooms
620 m² total space
2,716.92 m² Lot Size
Description
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Located just 150 meters from the beach, Armonía is a 13-unit apartment complex in central Playas del Coco. It offers a well-established long-term rental setup in a walkable neighborhood close to public transportation, shops, restaurants, and essential services.

The property spans 2,716 square meters of land (0.67 acres), with approximately 620 square meters (6,670 square feet) of total construction. Of that, around 532 square meters (5,726 square feet) correspond to the 13 rental units, and the remaining built area includes shared spaces such as the laundry room and covered rancho.

ARMONÍA – Rental Unit Breakdown

There are 13 rental units in total. Apartment 4 is a common area and not rented, but it is included below to maintain consistent unit numbering.

1. Apartment 1: 2 bedrooms, 1 bathroom – 56 m² – $250/month

2. Apartment 2: 2 bedrooms, 1 bathroom – 42 m² – $800/month

3. Apartment 3: 2 bedrooms, 1 bathroom – 42 m² – $900/month

4. Apartment 4: Common area (not rented)

5. Apartment 5: 2 bedrooms, 1 bathroom – 42 m² – $800/month

6. Apartment 6: 2 bedrooms, 1 bathroom – 42 m² – $800/month

7. Apartment 7: 2 bedrooms, 1 bathroom – 56 m² – $900/month

8. Apartment 8: 2 bedrooms, 1 bathroom – 42 m² – $900/month

9. Apartment 9: 2 bedrooms, 1 bathroom – 42 m² – $900/month

10. Apartment 10: 1 bedroom, 1 bathroom – 35 m² – $300/month

11. Apartment 10.1: 1 bedroom, 1 bathroom – 35 m² – $300/month

12. Apartment 11: Studio with full kitchen and 1 bathroom – 24 m² – $550/month

13. Apartment 11.1: Studio with full kitchen and 1 bathroom – 18 m² – $400/month

14. Apartment 12: 4 bedrooms, 3 bathrooms – 56 m² (2 floors) – $1,300/month

Note: Tenants are responsible for their own electricity, internet, and cable services.

Summary:

By Apartment Type:
2-Bedroom Units: 8
1-Bedroom Units: 2
Studio Units: 2
4-Bedroom Unit: 1

Total Bedrooms (including studios):
2-bed units: 8 × 2 = 16
1-bed units: 2 × 1 = 2
Studios: 2 × 1 = 2
4-bed unit: 4
Total: 24 bedrooms

Total Bathrooms:
12 units with 1 bathroom = 12
1 unit with 3 bathrooms = 3
Total: 15 bathrooms

Income Summary:
Total Monthly Income: $9,100
Total Yearly Income: $109,200

Units under long-term arrangements. Operating and management costs remain relatively low.

Additional Details:
- No HOA fees
- Public utilities in place
- Long-term tenants include local workers, retirees, and expats
- Flat, easily accessible land
- Central, walkable location in Playas del Coco

This is a solid investment opportunity in one of Guanacaste’s most established coastal communities. Armonía currently operates as a long-term rental property with consistent income, but it also offers the flexibility for different future uses. Whether you prefer to continue with long-term tenants, explore vacation rentals, create a family compound, or live on-site and rent out the rest, the setup supports a variety of options, all in a prime beachside location.

Contact us for more information or to arrange a visit.

Location
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Playas del Coco, Sardinal, Guanacaste

Palm Real
Palm Real Estate
Palm Real Estate
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