1 / 20This multi-unit compound in Manuel Antonio presents a rare, income-producing acquisition priced at USD 225000. Spanning a land size of 163.64 m², the property is configured to maximize rental flexibility and private occupancy. The main residence occupies the upper level, featuring a generous layout with one bedroom, a spacious living room, a kitchen, and a full bathroom. Below this main unit, the estate transitions into two independent studio apartments, each equipped with its own private bathroom. A separate laundry facility on-site provides additional utility, with the structural potential to be converted into an employee bedroom or caretaker suite. In total, the property features 4 bedrooms and 5 bathrooms, offering a turnkey footprint for buyers seeking immediate rental yields or a multi-family vacation retreat.
The estate is situated within walking distance of essential local amenities, including supermarkets, dining venues, the regional bus station, and a fitness center. Street parking is accessible directly outside the residence. For international buyers, Costa Rica permits full fee-simple ownership of this property, as it sits outside the restricted maritime concession zones. When finalizing the purchase, buyers should anticipate closing costs—covering notary fees, registry filings, legal services, and stamps—that typically range from two to four percent of the purchase price, alongside a property transfer stamp tax of approximately 1.5 percent of the declared transaction value. Ongoing ownership expenses are highly manageable, as the annual property tax is calculated directly from the registered cadastral value of the estate.
Acquiring this multi-unit property in Manuel Antonio is a straightforward process for North American buyers, as Costa Rican law grants foreign investors the same fee-simple ownership rights as citizens. Because this residence 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 $225,000, this real estate investment also positions you to apply for legal residency under the country’s investor program.
During the transaction, you should anticipate closing costs—which cover notary services, registration fees, legal duties, and transfer stamps—to total between two and four percent of the purchase price. Once the sale is finalized, your ongoing carrying costs remain remarkably low. The annual property tax is calculated using the registered cadastral value of the land and structures rather than the market purchase price, ensuring highly manageable holding costs for your new income-generating estate.
Review title types and due diligence in our fee simple vs concession guide.
This multi-unit residential property is situated on a 163.64 m² parcel in the highly desirable Manuel Antonio region. Offered at USD 225000, the estate features a total of 4 bedrooms and 5 bathrooms distributed across three distinct, fully furnished rental units. The primary upper-level apartment contains a spacious one-bedroom layout complete with a generous living area, a fully equipped kitchen, and a private bathroom. Below this main residence, two independent studio apartments function as self-contained guest suites, each featuring its own private bathroom to maximize rental flexibility and guest privacy.
The exterior infrastructure includes a dedicated laundry room that offers the structural versatility to be converted into an on-site employee bedroom. Residents and guests benefit from convenient street parking and immediate walking access to essential local amenities, including supermarkets, regional restaurants, the bus station, and a local gym.
From a purchasing perspective, foreign buyers enjoy secure fee simple ownership rights. Transaction costs include a property transfer stamp tax calculated at approximately 1.5% of the declared value, with total closing fees, notary services, and registry filings typically ranging between 2% and 4% of the purchase price. Ongoing ownership costs are minimized, as the annual property tax is calculated directly from the registered cadastral value of the property.
Situated in the heart of Manuel Antonio, Quepos, this property offers an exceptional opportunity to buy property in Costa Rica within one of the country's most sought-after coastal destinations. The micro-location is defined by its outstanding walkability and convenience, positioned just steps from essential daily amenities. Residents and rental guests can easily walk to local supermarkets, diverse restaurants, the regional bus station, and a fully equipped fitness gym. This central positioning eliminates the need for a personal vehicle for daily errands, making it an incredibly practical choice for remote workers, retirees, or vacationers seeking a seamless transition to the Pacific coast. The nearby town center of Quepos provides comprehensive services, including professional medical facilities and banking, while the world-famous beaches and national park of Manuel Antonio are just a short drive or bus ride away.
For those looking to invest in Costa Rica, this versatile compound structure—featuring a spacious one-bedroom upper apartment and two independent lower studio apartments—is perfectly positioned to capture the steady demand for lodging in this region. The local microclimate offers warm, tropical temperatures year-round, attracting visitors who come to experience the coastal lifestyle, world-class sportfishing, and pristine beaches. When acquiring this property for sale Manuel Antonio, international buyers benefit from the country's favorable ownership laws, which permit foreigners to hold fee simple title just like Costa Rican citizens. From a financial perspective, ownership is highly sustainable; the annual property tax is calculated based on the registered cadastral value of the property, keeping ongoing holding costs predictable. Buyers should also budget for standard transaction fees, including a property transfer stamp tax that typically averages around 1.5 percent of the declared transaction value, alongside a closing bundle covering notary, registry, and legal fees that generally ranges from 2 to 4 percent of the purchase price. Whether your goal is to secure a turnkey rental investment or establish a multi-unit personal residence near beachfront Manuel Antonio Costa Rica, this property delivers an accessible entry point into a thriving coastal market.
Explore more about this area on our regional guide page.
Priced at $225,000, this multi-unit Manuel Antonio property offers an entry point into the local real estate market, averaging a highly competitive $1,375 per square meter for the 163.64-square-meter land parcel. The estate structure, consisting of a main one-bedroom upstairs apartment and two independent lower studio apartments, serves as a flexible asset for diverse investment strategies. Owners can maximize revenue by targeting the high-demand short-term vacation rental market across all three units, or opt for stable cash flow by leasing the studios to long-term tenants.
This setup is ideal for individual buyers seeking a turnkey rental business, or remote professionals wanting a personal residence with immediate on-site rental income. Costa Rica continues to attract North American capital due to its robust property rights, which grant foreign buyers the same fee-simple ownership protections as citizens. From a financial perspective, ongoing holding costs are optimized because the annual property tax is calculated using the registered cadastral value of the property rather than the market purchase price. Buyers should budget an additional 2% to 4% of the purchase price to cover the comprehensive closing bundle, which includes notary fees, registry costs, legal services, and the standard property transfer stamp tax of approximately 1.5%. This asset presents a clear exit strategy, as multi-unit income properties in walkable locations near regional transit and commercial hubs remain highly liquid.
Model rental income for this property with our rental income calculator.
To own a piece of this tropical paradise is to embrace a lifestyle where the boundaries between modern convenience and raw, natural beauty simply melt away. In Manuel Antonio, your mornings begin not with the jarring sound of an alarm, but with the gentle symphony of the rainforest—the distant call of howler monkeys, the rustle of wind through the canopy, and the vibrant chatter of exotic birds. This is a place where the pace of life slows down to match the rhythmic pulse of the Pacific Ocean, allowing you to savor every moment, whether you are sipping locally grown coffee on your private terrace or walking down to the pristine local beaches. Aspiring buyers are drawn to this region not just for its world-renowned national park and breathtaking coastal views, but for the profound sense of well-being that defines the Costa Rican way of life. It is an aspirational destination for digital nomads seeking inspiration, retirees looking for a peaceful sanctuary, and visionary investors who want to align their financial portfolios with a lifestyle of wellness, adventure, and sustainability. Living here means having world-class dining, wellness retreats, and outdoor adventures right at your doorstep, all while remaining deeply connected to a warm, welcoming international community. This property represents more than just real estate; it is a gateway to a coveted lifestyle where you can seamlessly balance productivity with relaxation. By securing this versatile multi-unit home, you are not just purchasing concrete and land, but investing in a daily experience of renewal, freedom, and connection to one of the most biodiverse and beautiful places on earth, fulfilling a lifelong dream of true tropical living.
Manuel Antonio, Puntarenas
Principal broker
In Costa Rica since 2004
