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  3. Jacó Beachfront Income Gem: 4 Luxury Condos, Pool, Turnkey Rentals!
Jacó Beachfront Income Gem: 4 Luxury Condos, Pool, Turnkey Rentals! — view 1, Jacó, Garabito, Costa Rica1 / 15

Jacó Beachfront Income Gem: 4 Luxury Condos, Pool, Turnkey Rentals!

Garabito · Puntarenas

Jacó / Los Sueños / Playa Hermosa

8Bedrooms
10Bathrooms
126 m²Built area
700 m²Land size
Pool
$799,000

Description

On this page

  1. The Property
  2. Property Details
  3. Life in Jacó, Garabito, Puntarenas, Costa Rica
  4. Investment Potential
  5. Ownership & Legal
  6. More About Jacó, Garabito, Puntarenas, Costa Rica
  7. Frequently Asked Questions

The Property

Discover an exceptional investment opportunity in the vibrant heart of Jacó Centro, a premier Costa Rican beach destination. This fully operational condominium complex, just 300 meters from the sand, is perfectly positioned to generate substantial returns through short-term vacation rentals. The Mar de Luz Condominium features four distinct apartments, each offering 126 square meters of inviting living space, comfortably accommodating up to six guests. With a proven track record in Jacó’s dynamic tourism market, this property represents an ideal turnkey investment for those seeking passive income on Costa Rica’s Pacific Coast. Each of the four residences boasts two spacious bedrooms, two and a half bathrooms, an open-plan living and dining area, a fully equipped kitchen, complete air conditioning, and a private balcony. Common amenities include a private swimming pool, covered parking, lush tropical landscaping, and a 24-hour guarded security booth. This 700 square meter property, with a total of eight bedrooms and ten bathrooms, is offered at USD 799,000.

Q: What is the total number of bedrooms across all units? A: The property features a total of eight bedrooms.

Q: How far is the property from Jacó Beach? A: The property is located 300 meters from Jacó Beach.

Q: What common amenities are available to residents and guests? A: Common amenities include a private swimming pool, covered parking spaces, lush green areas with tropical landscaping, and a security booth with a 24-hour guard.

Q: What is the total land size of the property? A: The total land size is 700 square meters.

Q: Is the property furnished and ready for rentals? A: Yes, the property is furnished, making it ready for immediate rental operations.

Property Details

This condominium complex features four distinct apartments, each providing 126 square meters of interior living space. Every unit is designed with two spacious bedrooms and two and a half bathrooms, including an en-suite for privacy and a convenient guest bath. The open-plan layout integrates the living and dining areas, complemented by a fully equipped kitchen within each residence. Air conditioning is installed throughout all units, ensuring comfort, and each apartment includes a private balcony.

The property offers a suite of common amenities for residents and guests. A private swimming pool serves as a central gathering point, surrounded by lush green areas and tropical landscaping. Covered parking spaces are provided for convenience. The entire complex benefits from a security booth with a 24-hour guard station, offering peace of mind within this gated community. The location is just 300 meters from Jacó Beach, placing residents within a short walk of the ocean.

Life in Jacó, Garabito, Puntarenas, Costa Rica

Discover an exceptional lifestyle and investment opportunity in Jacó, Garabito, Puntarenas, Costa Rica. This vibrant micro-location is renowned for its dynamic energy and stunning Pacific coastline, making it a prime destination for those looking to buy property in Costa Rica. Located in the heart of Jacó Centro, this property offers unparalleled convenience. You’re just a 300-meter stroll from the expansive sands of Jacó Beach, where the rhythm of the ocean sets the pace for daily life. The town center, a hub of activity, is a mere five-minute walk, providing immediate access to a diverse array of top-rated restaurants, lively bars, and essential supermarkets. Currency exchange services are also within easy reach, ensuring all your needs are met without hassle. For broader retail options, shopping centers are just a ten-minute drive away.

Jacó is more than just a beach town; it’s a lifestyle. Its consistent waves attract surfers from around the globe, while its lively atmosphere appeals to vacationers and digital nomads alike. The climate here is tropical, offering warm temperatures and abundant sunshine, perfect for enjoying outdoor activities year-round. Beyond surfing, the area boasts numerous tour operators offering zip-lining, national park excursions, and other adventures. This specific property’s location in Garabito, part of Costa Rica's diverse property landscape, combines local charm with nationwide appeal, making real estate in Jacó, Costa Rica, a smart choice. Whether you envision a permanent residence, a vacation home, or a strategic investment, this area caters to various aspirations—from retirement living to a thriving remote work environment. The proximity to San José International Airport (SJO), approximately 90 minutes away, ensures convenient access for international buyers and guests, solidifying Jacó’s status as a top-tier location for beach property in Jacó and Playa Hermosa homes for sale.

Explore more about this area on our regional guide page.

Investment Potential

This multi-family property presents a compelling investment opportunity, particularly for those targeting the short-term vacation rental market. Each of the four independent apartments, at 126 m² each, offers a spacious layout ideal for accommodating up to six guests, a key factor in maximizing nightly rates and occupancy. Jacó’s established tourism infrastructure and consistent visitor flow support robust short-term rental performance, making this a turnkey option for generating passive income. While long-term rental potential exists, the property's design and location are optimized for the higher yields typically seen in vacation rentals.

Considering the regional average, a price point of $799,000 for 504 m² of constructed space, translating to approximately $1,585 per m², aligns competitively within Jacó’s sought-after market, especially given its proximity to the beach and comprehensive amenities. The ideal buyer for this property is an investor seeking a fully operational asset with immediate income potential, valuing the proven demand in a premier Central American tourist destination.

The current market timing in Costa Rica, particularly in established hubs like Jacó, remains strong, driven by consistent international tourism and a growing appeal for remote work. This property benefits from high occupancy rates and strong nightly rates due to limited beachfront inventory and its strategic location just 300 meters from Jacó Beach. An exit strategy could involve selling the entire complex to another investor or, potentially, exploring individual apartment sales if future market conditions favor condominiumization, though the current offering as a single multi-family unit optimizes immediate rental income. While no returns are guaranteed, the historical performance of vacation rentals in Jacó indicates a favorable environment for this type of investment.

Model rental income for this property with our rental income calculator.

Ownership & Legal

Foreign buyers enjoy the same ownership rights as Costa Rican citizens, with property titles typically held in fee simple. This ensures full, unrestricted ownership of your investment. Closing costs are estimated to range between 2-4% of the purchase price, covering legal fees and transfer taxes. An annual property tax of 0.25% of the registered value is standard. With a purchase price exceeding $150,000, this property qualifies buyers for Costa Rica's investor visa program, offering a path to residency. Our experienced legal partners can guide you through every step of the acquisition process, ensuring a smooth and secure transaction.

Review title types and due diligence in our fee simple vs concession guide.

More About Jacó, Garabito, Puntarenas, Costa Rica

This exceptional four-apartment income property, nestled in the vibrant heart of Jacó Beach, Costa Rica, represents a rare and compelling investment opportunity. Imagine owning a fully operational condominium complex just 300 meters from the sun-drenched sands of one of Costa Rica's most sought-after beach destinations. This prime location ensures a steady stream of vacationers, making it perfectly positioned to generate robust returns through short-term rentals on popular platforms like Airbnb and VRBO. The Mar de Luz Condominium consists of four fully independent apartments, each offering a generous 126 square meters of comfortable, thoughtfully designed living space, capable of accommodating up to six guests per unit. With proven rental demand in Jacó’s thriving tourism market, this property is an ideal turnkey investment for discerning buyers seeking passive income and a slice of paradise on Costa Rica’s breathtaking Pacific Coast.

Each of the four meticulously appointed apartments within Mar de Luz offers an array of features designed for guest comfort and investor appeal. Spanning 126 square meters, every unit boasts two spacious bedrooms, providing ample private retreats for guests. Complementing these are two and a half bathrooms, including an en-suite for added privacy and a convenient guest bath. The open-plan living and dining areas create an inviting atmosphere for relaxation and socializing, seamlessly flowing into a fully equipped kitchen, perfect for preparing meals and snacks. Air conditioning throughout ensures a comfortable environment regardless of the tropical climate, while a private balcony in each unit offers a serene spot to enjoy the ocean breeze and lush surroundings. Beyond the individual units, guests and owners benefit from a suite of common amenities that enhance the overall experience. A private swimming pool provides a refreshing oasis for cooling off after a day at the beach, while covered parking spaces offer convenience and security for vehicles. Lush green areas and tropical landscaping create a tranquil, resort-like ambiance, and a dedicated security booth with a 24-hour guard station ensures peace of mind for all residents and guests.

Investing in Jacó, Costa Rica, offers a multitude of compelling advantages. Jacó is widely recognized as Costa Rica’s premier surf and beach town, consistently ranking as one of the top vacation rental markets in Central America. Its strategic location, just 1.5 hours from San José International Airport (SJO), makes it easily accessible for international travelers, attracting a year-round flow of tourists, avid surfers, and a growing community of digital nomads. Properties like Mar de Luz are exceptionally well-positioned to benefit from this robust market. The area experiences high occupancy rates throughout the year, driven by its enduring popularity and appeal. Strong nightly rates are a direct result of the limited beachfront inventory and high demand for quality accommodations. Furthermore, the property’s enviable location, within walking distance to a vibrant array of restaurants, supermarkets, lively bars, essential surf shops, and convenient money exchanges, significantly enhances its appeal to renters. Jacó boasts a booming short-term rental ecosystem with a proven track record of strong Airbnb performance in the area, providing a reliable framework for maximizing rental income.

The location advantages of this property are truly unparalleled. Situated a mere 300-meter walk to the iconic Jacó Beach, guests have immediate access to world-class surfing, swimming, and sunbathing opportunities. Within a convenient five-minute stroll, one can discover an eclectic mix of top-rated restaurants and bars, catering to every culinary desire, alongside essential supermarkets and currency exchange services. For those seeking retail therapy or additional conveniences, shopping centers are just a short ten-minute drive away. The area also provides easy access to a variety of exciting activities, including renowned surf schools for beginners and experienced riders alike, thrilling zip lines offering panoramic views, and numerous tour operators ready to facilitate adventures from rainforest excursions to wildlife encounters. Moreover, the proximity to San José International Airport, just a 90-minute drive, ensures seamless travel for international visitors, further solidifying Jacó’s appeal as a premier vacation destination.

Jacó offers a unique blend of vibrant energy and laid-back coastal charm, creating a lifestyle that appeals to a diverse range of individuals, from adventurous surfers to families seeking sun-drenched escapes, and even those looking for a long-term tropical retreat. The town pulses with a lively rhythm, particularly along its main strip, where the scent of international cuisine mingles with the sounds of live music and the chatter of excited travelers. Days here often begin with the rhythmic crash of waves, inviting early morning surf sessions or tranquil beach walks as the sun rises. Throughout the day, the beach remains a central hub of activity, whether it’s learning to surf at one of the many schools, paddleboarding in calmer waters, or simply relaxing under the shade of a palm tree. Beyond the beach, Jacó’s streets are a tapestry of experiences, from browsing local artisan crafts to indulging in fresh seafood at a beachfront restaurant. Evenings come alive with a choice of casual eateries, sophisticated dining, and lively bars where one can enjoy a sunset cocktail or dance the night away. For those seeking adventure, the surrounding region is a playground of natural wonders, with opportunities for waterfall hikes, ATV tours through the jungle, and wildlife spotting in nearby national parks. This dynamic environment ensures that both residents and guests always have something new and exciting to explore, fostering a sense of discovery and enjoyment that truly defines the Jacó experience.

The lifestyle advantages offered by this prime Jacó location extend far beyond typical vacation amenities, embodying a rich tapestry of experiences that cater to a wide spectrum of aspirations. For the active and adventurous, the consistent swells of Jacó Beach provide an irresistible draw for surfers of all skill levels, with numerous surf schools ready to introduce newcomers to the sport or refine the techniques of seasoned riders. Beyond surfing, the warm Pacific waters invite swimming, paddleboarding, and kayaking, offering endless opportunities for aquatic enjoyment. The surrounding rainforests are a playground for eco-tourism, with exhilarating zip-line tours offering a bird's-eye view of the canopy, horseback riding adventures through lush trails, and guided hikes to discover hidden waterfalls and diverse wildlife. For those seeking relaxation and rejuvenation, the gentle rhythm of the ocean provides a natural soundtrack to days spent sunbathing, reading on the beach, or enjoying a leisurely stroll at sunset. The vibrant culinary scene, ranging from casual beachfront eateries serving fresh ceviche to upscale restaurants offering gourmet international cuisine, ensures that every palate is satisfied. Evenings in Jacó are equally captivating, with a lively array of bars, live music venues, and cultural events creating a dynamic social atmosphere. This property, being just 300 meters from the beach, places residents and guests at the epicenter of this exhilarating lifestyle, allowing for spontaneous beach trips, easy access to dining and entertainment, and the freedom to immerse oneself fully in the Pura Vida spirit that defines Costa Rica. It’s an ideal setting for those who dream of waking up to the sound of the ocean, spending their days in nature, and enjoying a vibrant social life, all within a safe and welcoming community.

For potential buyers, this investment represents more than just a financial asset; it's an opportunity to embrace or facilitate a dream lifestyle. Imagine the satisfaction of owning a property that not only generates substantial passive income but also offers the flexibility to enjoy personal vacations in a tropical paradise. This is an ideal acquisition for those who aspire to blend investment with pleasure, providing a personal retreat whenever desired, while the remaining units continue to yield returns. The turnkey nature of the Mar de Luz Condominium means a smooth transition for new owners, eliminating the complexities often associated with international real estate. It appeals to the savvy investor looking for a tangible asset in a growing market, as well as the visionary individual who sees the potential for a personal legacy in a place renowned for its natural beauty and vibrant culture. Whether you envision a future spent partially in Jacó, or simply wish to capitalize on its thriving tourism, this property offers a pathway to financial freedom and a connection to the unparalleled Costa Rican experience.

Costa Rican citizens. There are no restrictions on foreigners owning real estate in the country, making this an accessible investment opportunity. We can guide you through the straightforward legal process to ensure a smooth acquisition.

Q: What makes Jacó a desirable location for a multi-family investment property? A: Jacó is renowned as Costa Rica's premier surf and beach town, attracting a steady stream of tourists, surfers, and digital nomads year-round. Its proximity to San José International Airport and a thriving short-term rental market contribute to high occupancy rates and strong nightly rental income, particularly for properties within walking distance of the beach and amenities.

Q: What kind of rental income potential does this property offer? A: This condominium complex is perfectly positioned for strong returns through short-term vacation rentals on platforms like Airbnb and VRBO. With four independent, fully equipped units, each accommodating up to six guests, the property benefits from Jacó’s proven rental demand and high occupancy rates throughout the year, driven by its prime location just steps from the beach.

Q: How is the legal title handled for a multi-unit property like this? A: This property is a condominium complex, meaning each of the four apartments typically holds its own individual title, while common areas like the pool and parking are shared. Our legal team specializes in Costa Rican real estate transactions and will ensure a clear and secure transfer of ownership for all units.

Q: What lifestyle advantages does this location offer residents or guests? A: Situated just 300 meters from Jacó Beach, this property offers unparalleled access to surfing, swimming, and sunbathing. Within a five-minute walk, guests can enjoy top restaurants, bars, supermarkets, and currency exchange services. The area also provides easy access to surf schools, zip lines, and various tour operators, ensuring a vibrant and convenient lifestyle.

Frequently Asked Questions

Yes, foreign nationals enjoy the same property ownership rights as Costa Rican citizens. There are no restrictions on foreigners owning real estate in the country, making this an accessible investment opportunity. We can guide you through the straightforward legal process to ensure a smooth acquisition.

Jacó, Garabito, Puntarenas

Property details

Price
$799,000
Property type
Multi-Family
Region
Jacó / Los Sueños / Playa Hermosa
Bedrooms
8
Bathrooms
10
Land size
700 m²
Built area
126 m²
Reference
GCI-MLS#1498
BeachfrontGated Community

Location

Garabito, Puntarenas

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Principal broker

Daniel Berkley
Daniel Berkley

In Costa Rica since 2004

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Principal broker

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Buying Property in Costa Rica as a Foreigner

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