Investment Property for Sale Palmar Norte

Enter the property via a nearly kilometer of palm-lined driveway alongside a peaceful landing strip that preserves the surrounding mountain views pristine, with no structures to obscure their magnificence. Despite being in the heart of one of the Southern Zone’s largest towns, you will feel alone in a mountain valley on this wide stretch of property.

Purchase this as an investment property and benefit from a lucrative, consistent income from the numerous doctors, lawyers, and entrepreneurs who will be delighted to rent in this beautiful, calm property close to all services and facilities.

If you wish to maximize your return on investment, you will discover that there is plenty of area for many additional cabins to be erected. There is little doubt that they will be filled in this thriving business hub that serves the entire southern region of Costa Rica.

Property History

The Corbana firm, a local Costa Rican banana exporter, built each of the residences on the property. All three have now been renovated with modern extensions and reconditioned to like-new condition.

This property, located in the Zona Americana, was once controlled by the United Fruit Company, and the location still carries the marks of this historically crucial period in Costa Rica.

Rental Income Opportunity

In the middle of the roughly 6 hectare well-kept property are three one-story residences. Each residence has three bedrooms and two bathrooms. Each structure has an immaculate plan despite its small area. The present owner lives in one of the houses and rents the other two to long-term tenants who live there year round.

Do you like flying?

What about having your own hangar? The adjoining landing strip is currently utilised to house an ultra-light aircraft, and the present owner views it as his own private airport, which he uses virtually every day!

Are you handy with tools?

The current owner built the workshop, which has great form and practicality, with practically every equipment and bench imaginable! This wonderful place will surprise you if you prefer to experiment or work with your hands for a livelihood.

Make An Offer on this Investment Property for Sale Palmar Norte

Ask if owner financing is available.

Owner financing can be a good option for buyers who don’t qualify for a traditional mortgage. Owner financing provides sellers with a faster way to close because buyers can skip the lengthy mortgage process. 

If you are not a Costa Rican permanent resident, you may face challenges obtaining a mortgage loan from a local bank.   While banks spend time erecting barriers, GAP provides a fast, simple, and effective alternative, specializing in secured home equity loans. Grupo GAP may assist you in obtaining a private equity loan, which may be your best alternative. Click HERE for other methods of Home Financing.