8-Unit Income-Generating Apartment Complex Near Jaco Beach

This multi-unit residential property is situated in the coastal hub of Jacó, Garabito, Puntarenas, Costa Rica, a region highly sought after by North American buyers looking to buy property in Costa Rica. Located in the canton of Garabito, the property sits just 750 meters from the shoreline of Jacó Beach. This micro-location offers a distinct balance of coastal tranquility and urban convenience. Residents can easily access the vibrant town center of Jacó, which is known for its active daytime commerce and diverse nightlife. Additionally, this location is highly accessible for international travelers, as Garabito is one of the closest coastal regions to the capital city of San José and its international airport, minimizing travel time for visiting owners or vacation tenants.

The local climate and geography support an active, outdoor-focused lifestyle. Surfers are drawn to the consistent waves of Jacó Beach, while the world-class surf breaks of Playa Hermosa are located only a few minutes away by vehicle. This proximity makes the area a primary destination for surf tourism, long-term retirement, and remote work. Garabito is a key component of Costa Rica's diverse property landscape, offering a developed infrastructure that includes modern medical facilities, supermarkets, and professional services. This established infrastructure enhances the appeal of Playa Hermosa homes for sale and real estate Jaco Costa Rica, making the region a reliable choice for international real estate investment.

For buyers evaluating beach property Jaco, understanding the local legal framework is essential. Costa Rica permits foreign buyers to hold fee simple ownership of real property, meaning international citizens enjoy the same ownership rights as Costa Rican nationals. This fee simple status applies directly to registered titled land outside of the maritime zone, where concession rules would otherwise apply. When completing a transaction, buyers should anticipate a property transfer stamp tax, which is typically calculated at approximately 1.5% of the declared transaction value. Additional closing costs—including notary fees, registry fees, and legal stamps—generally bundle into an additional 2% to 4% of the purchase price. Annual property taxes are assessed based on the registered cadastral value of the property. Furthermore, purchasing a property at this investment level may qualify foreign buyers to apply for the country's residency-by-investment program, subject to meeting all official government requirements.

This income-generating property in the district of Jacó, within the canton of Garabito, is priced at USD 850000 and sits on a 544 m² land parcel. The estate is configured as a high-density residential compound featuring two distinct buildings that house a total of eight independent apartment units. Across the entire complex, there are 16 bedrooms and 8 bathrooms, structured so that each individual apartment contains two private bedrooms, a dedicated bathroom, and its own integrated laundry area.

Having undergone comprehensive renovations, the interiors of all eight units are in excellent condition, offering updated living spaces designed for long-term durability and tenant comfort. The outdoor areas are designed for practical utility and security, featuring a fully fenced perimeter and a dedicated on-site parking area for residents. This gated community setup provides peace of mind and controlled access, which is highly valued by the tenants currently occupying the units.

For international buyers, Costa Rica permits fee-simple property ownership, meaning you can secure this registered title directly in your name as a foreign investor. When planning the acquisition of this USD 850000 asset, buyers should budget for the closing bundle—which covers notary, registry, legal fees, and stamps—typically ranging between 2% and 4% of the purchase price. Additionally, the property transfer stamp tax accounts for approximately 1.5% of the declared transaction value, and ongoing ownership is subject to an annual property tax calculated on the registered cadastral value.

This multi-unit investment property is located outside the maritime zone, meaning buyers acquire fee simple ownership. In Costa Rica, foreign investors enjoy the exact same constitutional property rights as citizens, allowing you to hold the deed directly in your own name or through a local corporation. Because the purchase price of this eight-unit complex exceeds the national investment threshold, acquiring this asset qualifies you to apply for investor residency status.

During the acquisition process, you can expect closing costs—which bundle notary fees, registry charges, legal services, and stamps—to range between two and four percent of the purchase price. This includes the standard property transfer stamp tax, which typically accounts for about one and a half percent of the declared transaction value. Ongoing ownership costs are highly manageable, with annual property taxes calculated as a small fraction of the registered cadastral value. All transactions are fully registered in the National Registry, securing your commercial real estate portfolio in Jacó.

This multi-unit residential compound represents a strategic entry point into the high-demand Jacó Beach rental market, priced at $850,000 for 544 square meters of land. Comprising two distinct buildings that house eight fully renovated, two-bedroom apartments, the property offers immediate cash flow with all units currently occupied by tenants. This configuration allows a savvy buyer to capitalize on steady long-term residential leases, or transition the units into high-yield short-term vacation rentals catering to the steady influx of surfers and international tourists.

The ideal buyer profile is an income-focused investor or a syndicate looking for a turnkey, multi-family asset near one of Costa Rica's most accessible coastal hubs. Costa Rica permits foreign buyers to hold fee-simple ownership of real estate with the same constitutional protections as citizens, making this non-concession, titled property a secure vehicle for capital preservation. When planning your exit strategy, the high density of sixteen bedrooms and eight individual laundry areas across two structures provides excellent resale liquidity to future commercial buyers. During the acquisition, buyers should budget between two to four percent of the purchase price to cover the comprehensive closing bundle—which includes notary fees, registry filings, and legal stamps—along with a transfer stamp tax of approximately 1.5 percent of the declared transaction value. Ongoing holding costs are highly manageable, with annual property taxes calculated directly from the registered cadastral value.

Embracing the Jacó lifestyle means immersing oneself in a dynamic coastal environment where the lush, tropical rainforest of Garabito meets the warm waters of the Pacific Ocean. For discerning buyers, this region represents the ultimate fusion of natural beauty, active outdoor living, and modern convenience. Residents and long-term tenants are drawn to this vibrant stretch of the Puntarenas coast to experience a daily routine defined by wellness, adventure, and relaxation. Mornings begin with the soothing sound of the surf, followed by beachside yoga, a refreshing swim, or an early session on the world-class waves of nearby Playa Hermosa. As the day unfolds, the community transitions seamlessly from a peaceful sanctuary into a lively hub of social activity. The town center offers an eclectic mix of open-air dining, artisan markets, and cultural events, ensuring that entertainment is always within reach. This unique atmosphere appeals directly to the aspirations of international investors, digital nomads, and retirees who seek more than just a place to live; they desire a transformative lifestyle change. Owning a multi-unit property in this thriving market allows you to capitalize on the growing demand for high-quality coastal rentals while establishing your own footprint in one of Central America's most sought-after destinations. Here, the dream of waking up just steps from the sand, surrounded by exotic wildlife and a welcoming international community, becomes an everyday reality, offering a perfect balance of personal fulfillment and financial reward.