Income-Generating 4-Apartment Complex in Jaco with Private Parking

This multi-unit investment property in the Garabito canton, situated in the high-demand district of Jacó, features a total construction footprint of 210 m² on a 222 m² land parcel. The physical infrastructure consists of a single, well-maintained building divided into four independent, semi-furnished apartments. Designed with a highly functional layout, each of the four units contains two bedrooms—offering a collective total of 8 bedrooms and 4 bathrooms across the entire compound.

The interior of each apartment features an open-concept living room and kitchen area, a private laundry zone, and a full bathroom equipped with a hot water system. To ensure practical utility management, each individual unit is outfitted with its own independent electric meter, while the entire complex utilizes a shared water meter.

The outdoor amenities are designed for convenience and ease of maintenance, featuring a private parking area with four dedicated parking spaces, allocating exactly one stall for each apartment. This structure is offered at USD 285000, presenting an established, income-generating asset with immediate rental cash flow in a premier Central Pacific destination.

This multi-unit residential building in Jacó presents a compelling entry point for North American investors seeking immediate cash flow. Priced at $285,000 for 210 square meters of construction on a 222-square-meter lot, the property offers a highly competitive valuation of approximately $1,357 per square meter of construction. This pricing sits comfortably below the premium averages of the Central Pacific region, especially given the inclusion of four fully functional, two-bedroom apartments and four private parking spaces.

The property is ideal for buyers looking to diversify risk across multiple tenancies rather than relying on a single-family rental. Currently configured for long-term residential leasing, the building generates a consistent gross monthly income of $3,000, totaling $36,000 annually. Investors can choose to maintain this stable long-term rental strategy or transition the units into corporate housing to capture different market segments in this high-demand coastal hub.

From a legal and structural perspective, Costa Rica permits foreign buyers to hold fee-simple ownership of this property, as it sits outside the restricted maritime concession zones. Buyers should anticipate closing costs, including notary, registry, and legal fees, totaling approximately two to four percent of the purchase price, alongside a property transfer stamp tax of roughly 1.5 percent. Annual property taxes are calculated based on the registered cadastral value. With Jacó continuing to attract a steady influx of international residents and professionals, this turn-key, well-maintained building represents a timely asset-accumulation play with a clear exit strategy rooted in the area's robust secondary resale market.

Situated in the canton of Garabito within the Puntarenas province, Jacó stands as a premier destination for those looking to buy property in Costa Rica. This vibrant coastal community on the Central Pacific coast seamlessly bridges the gap between a high-energy beach town and a highly functional urban center. Investors searching for real estate Jaco Costa Rica will find that this micro-location offers unparalleled convenience, placing residents within easy reach of a sandy beach, diverse local restaurants, professional services, and retail centers. The region is highly accessible, located within a comfortable driving distance from the Juan Santamaría International Airport in Alajuela and major medical facilities, making it a practical choice for international buyers, remote workers, and long-term tenants alike.

The local climate provides year-round warmth, supporting an active outdoor lifestyle centered around the Pacific Ocean. As part of Garabito, this neighborhood contributes to a diverse property landscape that appeals to North American buyers seeking reliable infrastructure alongside tropical surroundings. Whether tenants are drawn to the area to surf the renowned waves of the Pacific, retire in a convenient coastal setting, or work remotely with modern amenities, the demand for quality housing remains consistently high. This makes Playa Hermosa homes for sale and neighboring Jacó multi-family complexes highly competitive assets.

For foreign buyers exploring a beach property Jaco, Costa Rica offers a welcoming legal framework. International investors enjoy the security of fee-simple ownership, meaning you can own land in your own name with the same constitutional protections as local citizens, distinct from the concession structures found in restricted maritime zones. While purchasing this four-unit residential building, buyers should anticipate standard transaction costs, including a property transfer stamp tax based on the declared transaction value, alongside a closing bundle covering notary, registry, and legal fees. Ongoing ownership incurs an annual property tax calculated from the registered cadastral value. This stable legal environment, combined with the strong rental demand in Garabito, positions this multi-family property as an exceptional addition to any international real estate portfolio.

Acquiring this four-unit multi-family property in Jacó is a straightforward process for international buyers, as Costa Rican law grants foreign investors the same fee-simple ownership rights as citizens. Because this residential building sits outside the restricted maritime zone, you can hold the title directly in your own name or through a local corporation. At a purchase price of $285,000, this investment comfortably surpasses the country's financial threshold for residency-by-investment programs, offering a clear path to legal residency for you and your family.

During the acquisition, buyers should anticipate standard closing costs, which typically range between two and four percent of the purchase price to cover notary fees, legal services, registration, and transfer stamps. Ongoing ownership expenses are highly manageable, with annual property taxes calculated as a small fraction of the registered cadastral value. This clear legal framework ensures your immediate monthly rental income of $3,000 is protected by robust property rights.

Embracing the coastal lifestyle of Jacó means stepping into a world where the boundaries between professional success and personal rejuvenation seamlessly dissolve. For the modern investor, acquiring a multi-family property in this dynamic region of Garabito is not merely a financial transaction; it is an entry point into one of the most aspirational coastal communities in Central America. Residents here enjoy a unique daily rhythm, waking up to the gentle whispers of the Pacific Ocean breeze, spending their mornings walking along the expansive shoreline, and transitioning effortlessly into a productive workday powered by the town’s robust modern infrastructure. This exceptional balance makes the area highly attractive to a diverse demographic of long-term tenants, including remote working professionals, corporate employees, and lifestyle-driven expatriates who demand both the serenity of a tropical paradise and the reliable conveniences of an urban hub. By investing in this thriving market, you are aligning your portfolio with the desires of tenants who prioritize wellness, convenience, and outdoor adventure, ensuring your units remain highly sought after in a competitive rental landscape.

The aspiration of owning real estate in Costa Rica is deeply tied to the pursuit of a high-quality, stress-free lifestyle, and Jacó represents the pinnacle of this dream. As a property owner, you capture the essence of this coastal allure, positioning yourself as a key provider of premium housing in a town celebrated for its world-class surf, diverse culinary scene, and vibrant international community. Tenants are drawn to the area not just for its natural beauty, but for the lifestyle upgrade it represents—where high-speed internet and modern supermarkets coexist with lush rainforests and pristine beaches. This strong sense of place and community fosters long-term residency, reducing vacancy rates and securing a reliable stream of rental income. Investing here allows you to capitalize on the growing global trend of location independence, providing a sanctuary for those who wish to work where they play, while you enjoy the tangible rewards of a secure, income-generating asset in one of the most celebrated beach towns on the Central Pacific coast.