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Gloria McDermott
Description
Income-Producing Multi-Unit Property with Expansion Potential in Atenas
Positioned in the desirable hillside community of Cerro Vista, Atenas, this unique 4,063 m² property presents an exceptional opportunity for investors seeking an established hospitality business, boutique retreat, vacation rental operation, or multi-unit income-producing asset.
The property currently consists of four separate structures, creating multiple revenue streams. The main residence features two bedrooms, spacious living areas, panoramic view windows, a full kitchen, and laundry facilities, making it ideal as an owner's residence, premium rental unit, or manager's quarters.
Complementing the main home are two fully independent studio casitas, each with private bathrooms and kitchen facilities. These turnkey accommodations are perfectly suited for short-term vacation rentals, long-term tenants, digital nomads, or retreat guests seeking privacy and comfort.
An additional enclosed rancho with kitchenette and bathroom offers further flexibility as a guest suite, communal gathering space, event venue, wellness studio, coworking space, or hospitality amenity.
The property's elevated location provides the cooler temperatures and spectacular valley views that consistently attract visitors to Atenas. Surrounded by mature landscaping and a productive coffee plantation, the setting offers the authentic Costa Rican experience sought by international travelers.
The large swimming pool will need some work, but it can serve as a central guest amenity and presents a valuable opportunity for enhancement, allowing a new owner to increase rental appeal and overall property value through strategic improvements.
Built in 2004 and located just minutes from downtown Atenas, this versatile property offers investors a rare combination of existing accommodations, multiple income streams, privacy, natural beauty, and future expansion potential. Whether your vision is a boutique hotel, wellness retreat, Airbnb portfolio, corporate retreat center, or multi-family rental compound, this property provides the infrastructure and location to bring that vision to life.
Investment Highlights:
- 4 independent revenue-generating structures
- Multiple kitchens and private guest accommodations
- Established hospitality layout with owner/manager residence
- Panoramic mountain and valley views
- Large lot with room for additional improvements
- Prime Atenas location favored by international visitors and expats
- Value-add opportunity through pool renovation and hospitality upgrades
- Ideal for boutique hotel, retreat center, Airbnb operation, or long-term rental portfolio
listing details
- Listing ID: 400052010074
- Property type: House/Villa
- Contract type: For Sale
- Price: $ 675,000.00
- Bathrooms: 4
- Bedrooms: 5
- Garage capacity: 1
- Year built: 2004
- Construction size: 0.00 Sq. Mt.
- Lot size: 4,063.25 Sq. Mt. - 43,736.42 Sq Ft.