Downtown Jaco Multi-Family Income Property with Mixed-Use Zoning & Ocean Views

This premium multi-family estate is situated on a prime corner lot measuring 458 square meters (4,930 square feet) and features 200 square meters of traditional Costa Rican construction. The compound is intelligently divided into three distinct residential structures, offering a total of six bedrooms and 4.5 bathrooms. The main residence is a spacious two-bedroom, 2.5-bathroom home. Accompanying the main house are two independent apartments, each designed with two bedrooms and one bathroom.

The layout of this coastal property maximizes its footprint, offering scenic ocean views and a versatile outdoor environment. Designed for effortless management, the infrastructure includes independent water and electric meters for each of the three individual units, ensuring hassle-free utility tracking.

A key highlight of this real estate asset is its highly desirable mixed-use zoning designation. This flexible municipal land-use classification permits both residential and commercial development on the parcel. Whether you choose to maintain the current income-generating residential setup or redevelop the corner lot for commercial purposes, the property offers exceptional long-term utility and capital appreciation potential in a high-demand coastal market.

Situated in the heart of one of the most vibrant coastal hubs in the Central Pacific region, this prime corner property offers an unparalleled gateway to the Pura Vida lifestyle. For North Americans looking to buy property in Costa Rica, the bustling town of Jaco represents the perfect blend of tropical convenience and high-yield potential. This unique micro-location places you moments away from the sun-drenched shores, local surf breaks, and an array of international dining, shopping, and essential services. When searching for beach property Jaco stands out for its accessibility, located an easy drive from the Juan Santamaría International Airport in San José and within quick reach of modern medical facilities, making it a premier destination for retirees, remote workers, and savvy investors alike.

The local climate delivers year-round warmth, supporting an active outdoor lifestyle centered around ocean adventures, sportfishing, and rainforest exploration. Nestled within the sought-after Jaco, Costa Rica area, this neighborhood bridges the gap between energetic beach culture and lucrative investment opportunities. Whether you are exploring Playa Hermosa homes for sale to capture the world-class surf crowd or looking to secure a multi-unit footprint in a high-demand rental market, this location delivers. Costa Rica is part of Costa Rica's diverse property landscape, where natural beauty meets robust infrastructure. By investing in this specific micro-market, you gain access to a thriving community character that attracts a steady stream of long-term tenants and vacationers, ensuring your slice of paradise is both a personal sanctuary and a highly productive asset.

This multi-family compound in downtown Jacó represents a highly versatile acquisition for wealth-preservation buyers seeking immediate cash flow with future development upside. At a purchase price of $460,000 for a 458-square-meter parcel, the entry point sits at approximately $1,004 per square meter of land. This is highly competitive for central, high-density coastal land in the Jacó-Los Sueños corridor, where premium parcels frequently command a premium.

The property currently generates a stable, long-term residential yield of approximately $19,200 annually ($1,600 monthly) across three distinct structures: a two-bedroom main residence and two separate two-bedroom apartments. Operational overhead is exceptionally low, as each unit features dedicated, independent water and electrical meters, with utilities paid directly by the tenants.

This asset is ideally suited for an investor looking to capitalize on Costa Rica’s booming coastal market. The immediate play is to maintain the current long-term tenants for hassle-free, passive income. However, the true value lies in the rare mixed-use zoning (uso de suelo mixto) on a prominent corner lot. The ultimate exit strategy or optimization plan involves leveraging this commercial-residential designation to redevelop the site into a boutique commercial space, high-density vacation rentals, or a mixed-use retail and residential complex.

Purchasing this multi-family compound in downtown Jacó is a highly secure and straightforward process for North American buyers. In Costa Rica, foreigners enjoy the exact same constitutional property ownership rights as citizens. For a prime, non-maritime parcel of this nature, ownership is typically held under Fee Simple title, allowing you to own the land outright.

During the transaction, you should anticipate standard closing costs ranging between 2% and 4% of the final purchase price. Once you are the registered owner, Costa Rica’s exceptionally low annual property tax rate of just 0.25% of the registered value ensures minimal carrying costs. Furthermore, because the purchase price of this property comfortably exceeds the $150,000 threshold, your investment qualifies you and your immediate family to apply for residency under the country's favorable investor visa program, paving a smooth path to your new tropical lifestyle.

Embracing the Costa Rican lifestyle from this premier downtown Jaco location means immersing yourself in a world where tropical serenity and vibrant coastal energy coexist in perfect harmony. For the discerning buyer, this property is not just a real estate acquisition; it is the realization of a long-held aspiration to own a piece of paradise where the rhythm of the ocean dictates the pace of daily life. Imagine waking up to the gentle rustle of palm trees and the distant, soothing sound of crashing waves, knowing that the warm sands of the Pacific are just a short walk from your front door. Here, the coveted "Pura Vida" philosophy ceases to be a mere catchphrase and becomes your daily reality. You can spend your mornings strolling along the expansive shoreline, taking in the breathtaking ocean views, and your afternoons exploring the bustling streets of a town renowned for its welcoming community, diverse culinary scene, and lively cultural heartbeat. This is a place where expatriates, locals, and global travelers come together, creating a rich social tapestry that makes everyone feel instantly at home. Whether you are looking to retire in a sun-drenched sanctuary, establish a multi-generational family retreat, or secure a high-performing asset in one of Central America's most sought-after beach destinations, this estate fulfills those aspirations with effortless grace.

The true beauty of this location lies in its unique ability to offer both a peaceful personal sanctuary and immediate access to an active, outdoors-oriented lifestyle. Jaco is celebrated worldwide for its world-class surfing, sportfishing, and eco-adventures, making it a magnet for active individuals and nature enthusiasts alike. From your central vantage point, you can easily transition from a quiet morning of reflection on your private terrace to an afternoon of adventure, shopping, or dining at high-end local establishments. For investors and lifestyle buyers, the property represents the ultimate tropical dream: the ability to live, work, and play in a thriving coastal hub while enjoying the financial peace of mind that comes with a highly adaptable, income-generating asset. The surrounding region is a masterclass in natural beauty, where lush rainforests meet the sea, offering endless opportunities to connect with nature and experience the rich biodiversity that Costa Rica is famous for. Owning a property here allows you to curate a life of balance, where the stresses of modern life melt away under the warm tropical sun, replaced by a sense of freedom, wellness, and adventure. It is an invitation to step into a lifestyle defined by natural luxury, community warmth, and unlimited potential, securing your legacy in one of the most beautiful and economically dynamic coastal markets in the world.