House, Villas and Restaurant on a great location in Uvita

This multi-family property spans 1000 m² of land with 374.01 m² of construction, offering a unique blend of residential comfort and hospitality potential. The main house features an open floor plan, a fully equipped chef’s kitchen with granite countertops, wooden cabinetry, and stainless-steel appliances. The primary suite, located upstairs, includes a king-size bed and a master bath with a glass shower, wooden vanity, and vessel sink. An additional office space with a bookcase is also present.

Two spacious villas complement the main residence, each providing a private balcony with seating and an en-suite bathroom featuring a glass shower, wooden vanity, and vessel sink. Guests in the villas have access to a stove and microwave downstairs, alongside a comfortable living room. The property includes a well-regarded open-air restaurant, complete with a full bar and a working kitchen, providing an excellent opportunity for guest interaction and additional income.

Outdoor spaces are designed for relaxation and enjoyment, with a long front porch on the main house, perfect for morning coffee. The grounds are beautifully landscaped with pavers, vibrant flowers, and plants. A swimming pool is available for leisure. The entire property is securely gated and fully enclosed, offering ample parking. Located in a beachfront gated community, this furnished estate provides convenient access to Uvita's renowned beaches, waterfalls, and the famous Whale’s Tail.

Nestled in Bahia, a captivating micro-location within Puntarenas, Costa Rica, this property offers an unparalleled lifestyle on the Pacific coast. Bahia is renowned for its unique blend of accessible natural beauty and vibrant community, making it an ideal place to buy property in Costa Rica. Here, the rhythm of the ocean dictates daily life, with the famed Whale's Tail at Marino Ballena National Park just moments away, offering world-class whale watching and pristine beaches for relaxation or surf.

The immediate vicinity of Uvita provides convenient access to essential amenities. The town center, with its array of shops and services, is a short, easy bike ride away, fostering a sense of community and local engagement. While exact distances vary, a regional hospital is typically within a reasonable driving distance of major towns in Puntarenas, ensuring peace of mind. Juan Santamaría International Airport (SJO), the primary international gateway, is a few hours' drive, offering a scenic journey through Costa Rica's diverse landscapes.

The climate in Bahia is tropical, characterized by warm temperatures and lush greenery, creating an idyllic environment for outdoor living year-round. This microclimate supports a rich biodiversity and allows for a lifestyle centered on nature and adventure. Whether you dream of embracing the surf culture, enjoying a serene retirement, making a savvy real estate Dominical Costa Rica investment, or seeking an inspiring location for remote work, this setting caters to diverse aspirations. Property Uvita offers a unique opportunity to immerse yourself in a thriving expat and local community, where the vivacious nightlife of Uvita's restaurants and the tranquility of nature coexist harmoniously. Green Coast Investments specializes in Costa Ballena homes, and this Bahia location perfectly embodies the allure of this sought-after region, combining local charm with nationwide appeal for discerning buyers.

This multi-family property presents a compelling investment opportunity in Uvita’s vibrant market. With its current configuration of a main house, two guest casitas, and an established restaurant, immediate short-term rental income is achievable, particularly given the beachfront location and proximity to popular attractions like the Whale's Tail. The potential to expand with additional villas and a swimming pool further enhances its long-term income prospects and property value, appealing to both vacationers and extended-stay visitors seeking a blend of relaxation and adventure.

While specific price per square meter data for this unique multi-family type varies, the asking price of USD 1,200,000 for 374.01 m² of construction on 1000 m² of land positions it competitively within the luxury segment of the Dominical-Uvita region, especially considering its existing commercial infrastructure and furnished status. The ideal buyer for this property is an individual or family seeking a lifestyle business, combining personal residence with a hospitality venture. Costa Rica’s tourism sector continues its robust growth, making this an opportune moment to enter the market. An exit strategy could involve selling to another owner-operator or a larger hospitality group looking to expand their footprint in a high-demand coastal area.

Q: What is the short-term rental income potential of this property? A: Given its beachfront location, existing restaurant, and two guest casitas, the property has immediate potential for short-term rental income, especially catering to tourists visiting Uvita's attractions.

Q: How does the price per m² compare to the regional average? A: At USD 1,200,000 for 374.01 m² of construction on 1000 m² of land, this property is positioned within the competitive range for luxury multi-family and hospitality properties in the Dominical-Uvita region, particularly considering its commercial features and beachfront access.

Q: What is the ideal buyer profile for this investment? A: The ideal buyer is an individual or family interested in an owner-operated hospitality business, combining a personal residence with an income-generating venture in a desirable tourist destination.

Q: Why is now a good time to invest in Costa Rica real estate? A: Costa Rica's tourism sector is experiencing consistent growth, creating a favorable market for hospitality investments and offering a timely opportunity to acquire income-generating properties.

Q: What are potential exit strategies for this investment? A: Potential exit strategies include selling to another owner-operator seeking a lifestyle business, or to a larger hospitality group looking to expand their portfolio in the growing Uvita market.

Foreign buyers enjoy the same ownership rights as Costa Rican citizens, with property typically held under a Fee Simple title, granting outright ownership. Closing costs are estimated to be between 2-4% of the purchase price, covering legal fees and transfer taxes. Annual property taxes are remarkably low, at 0.25% of the registered property value. With a purchase price exceeding $150,000, this investment qualifies buyers for Costa Rica's investor visa program, paving a path to residency. This established multi-family property, featuring a main house, guest casitas, and a restaurant, offers a straightforward and secure acquisition for those seeking to relocate or invest in this vibrant region.