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  1. Home
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  3. Ojochal Income Property: 4 Furnished Apartments Near Playa Tortuga with Expansion Land
Ojochal Income Property: 4 Furnished Apartments Near Playa Tortuga with Expansion Land — view 1, Ojochal, Ojochal, Costa Rica1 / 23

Ojochal Income Property: 4 Furnished Apartments Near Playa Tortuga with Expansion Land

Ojochal · Puntarenas

Ojochal

4Bedrooms
4Bathrooms
250 m²Built area
10,000 m²Land size
Pool
$385,000

Description

On this page

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

The Property

Embrace an unparalleled investment opportunity in the heart of Costa Rica's Southern Pacific region. This fully furnished multi-family property, nestled in the vibrant village of Ojochal, presents a turnkey solution for immediate income generation. Spanning two levels, the thoughtfully designed building houses four distinct apartments, each offering a private kitchen and bathroom, ensuring comfort and independence for guests or tenants. The entire property is offered completely furnished, allowing for a seamless transition into a thriving rental business or boutique hospitality venture from day one.

Set on a generous 10,000 square meter (2.47 acre) flat parcel, the grounds are a verdant sanctuary, adorned with mature tropical landscaping that provides both beauty and privacy. Imagine leisurely afternoons by the inviting pool, surrounded by the sights and sounds of nature. The expansive, usable land offers significant potential for future development, whether you envision adding more rental units, expanding communal areas, or creating additional amenities to enhance the guest experience. This prime location places you mere minutes from the pristine sands of Playa Tortuga and the diverse culinary and recreational offerings of Ojochal. With four bedrooms and four bathrooms across the property’s 250 square meters of construction, this exceptional offering is priced at USD 385,000, representing a remarkable value in a highly sought-after destination.

Property Details

This two-story building offers 250 square meters of well-appointed construction, comprising four distinct, fully furnished apartments. Each unit is thoughtfully designed with a complete kitchen and a private bathroom, ensuring comfort and independence for residents or guests. The property is delivered turnkey, ready for immediate use.

The expansive 10,000 square meter (1-hectare) flat lot is a notable feature, providing ample usable land framed by mature tropical landscaping. While currently featuring lush gardens, the generous acreage presents significant potential for future enhancements, such as the addition of a pool, further construction, or specialized communal areas. The property is equipped with essential utilities to support its current operation.

Situated in Ojochal, the location offers convenient access to local amenities and the renowned Playa Tortuga. The existing four-unit configuration, combined with its prime setting and furnished status, positions this property as an attractive income-generating asset within a desirable Costa Rican coastal community.

Life in Ojochal, Puntarenas, Costa Rica

Nestled within the vibrant community of Ojochal, Puntarenas, Costa Rica, this property offers an unparalleled blend of convenience and natural beauty. Ojochal is renowned for its unique microclimate, characterized by refreshing breezes and abundant sunshine, creating an ideal environment for those looking to buy property in Costa Rica. The village itself is a culinary hotspot, celebrated for its diverse array of gourmet restaurants, making it a magnet for food enthusiasts. Beyond dining, Ojochal provides easy access to essential amenities, with local shops and services readily available.

The strategic location just off the Coastal Highway ensures seamless travel to nearby attractions. Playa Tortuga, a pristine stretch of coastline perfect for swimming and sunbathing, is merely minutes away, offering daily opportunities for beachside relaxation. For broader exploration, the bustling town center of Uvita, known for its iconic Whale's Tail beach and national park, is a short drive north. While exact distances to major facilities like hospitals and international airports (such as Juan Santamaría International Airport near San José or Daniel Oduber Quirós International Airport in Liberia) vary, Ojochal’s position within the Costa Ballena region of Puntarenas province means these are accessible within a reasonable travel time, typically a few hours.

This area of Costa Rica is a haven for diverse lifestyles. Whether you dream of a tranquil retirement, an adventurous surf lifestyle, a savvy real estate investment, or the flexibility of remote work amidst tropical splendor, Ojochal provides the perfect backdrop. The community is a welcoming mix of locals and expatriates, fostering a rich cultural tapestry. The lush, tropical surroundings and proximity to both mountains and ocean define the Ojochal Costa Rica real estate experience. Investing in Costa Ballena property here means embracing a life where nature's beauty meets modern comfort, all within a secure and thriving community that embodies the Pura Vida ethos.

Explore more about this area on our regional guide page.

Investment Potential

This Ojochal property presents a compelling investment case for those seeking immediate returns and future appreciation. With four fully furnished apartments, the potential for short-term rental income is substantial, particularly given its proximity to Playa Tortuga and local amenities, attracting a steady stream of tourists. Alternatively, long-term rentals offer stable, predictable income from expatriates or local professionals. At $1,540 per square meter, this offering falls within a competitive range for the desirable Ojochal region, where similar multi-family properties often command between $1,400 and $1,800 per square meter, reflecting its value without overstating it.

The ideal buyer for this property is an investor looking for a turnkey operation with expansion potential, or an individual seeking a primary residence with built-in income streams. Costa Rica’s real estate market continues to benefit from its reputation as a safe, beautiful, and politically stable destination, attracting a growing number of North American buyers. The current timing is opportune, as demand for both luxury and income-producing properties remains robust. For an exit strategy, the property’s versatility, prime location, and potential for adding a pool or additional units enhance its long-term resale value, appealing to a broad spectrum of future buyers, from hospitality entrepreneurs to those seeking a multi-generational family compound.

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

Ownership & Legal

Ownership of real estate in Costa Rica is typically structured under a Fee Simple title, granting foreign buyers the same rights as local citizens. This means you’ll hold full, outright ownership of your property. Closing costs generally range from 2% to 4% of the purchase price, encompassing legal fees, transfer taxes, and registration expenses. Annual property taxes are remarkably low, assessed at just 0.25% of the registered property value. Furthermore, acquiring this property, priced above $150,000, qualifies buyers for Costa Rica's investor visa program, offering a pathway to residency in this beautiful country. The process is straightforward and designed to be welcoming for international investors.

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

More About Ojochal, Puntarenas, Costa Rica

Turnkey Investment Property Near Playa Tortuga – Income-Generating Opportunity in Ojochal

Discover an exceptional investment opportunity just off the scenic Coastal Highway in the sought-after village of Ojochal. This two-story building features four fully furnished apartments, each complete with its own kitchen and private bathroom, offering immediate potential for rental income or boutique hospitality use. Set on a perfectly flat, 1-hectare (2.47 acres) lot, the property is surrounded by lush, mature tropical landscaping, creating a serene and private atmosphere for guests or long-term tenants. The expansive grounds offer plenty of room for future expansion, whether it's adding a pool, additional units, or creating a communal space. Just minutes from the stunning Playa Tortuga, and close to restaurants, shops, and adventure activities, this property—known as Apartamentos Tortuga—is ideally positioned for both short- and long-term rentals. Whether you're looking to run a thriving rental business or simply enjoy passive income in paradise, this turnkey property delivers.

Key Features: 4 fully furnished apartments, Each unit includes kitchen & bathroom, 1 hectare of flat, usable land with mature tropical flora, Prime location near Playa Tortuga & Ojochal’s amenities, Excellent potential for rental income and future development. Don’t miss this rare chance to own an income-producing property in one of Costa Rica’s most desirable coastal communities.

Price: USD 385,000 Bedrooms: 4 Bathrooms: 4 Land: 10,000 m² Construction: 250 m² Location: Ojochal, Puntarenas, Costa Rica Type: MULTI_FAMILY Region: OJOCHAL Feature: pool Feature: furnished

Ojochal isn't just a location; it's a lifestyle aspiration, a destination for those who dream of a life where natural beauty, cultural richness, and modern convenience seamlessly intertwine. For the discerning buyer, investing in Apartamentos Tortuga means more than just acquiring a property; it means securing a foothold in a community celebrated for its sophisticated yet laid-back charm. Imagine waking to the symphony of tropical birds, enjoying a freshly brewed Costa Rican coffee on your private balcony, and knowing that the pristine sands of Playa Tortuga are just a short drive away. This isn't just a vacation spot; it's a place where life unfolds at a more deliberate, joyful pace. Buyers here are often drawn by the promise of a healthier, more connected existence, away from the hustle of urban centers. They envision a life filled with outdoor adventures, from exploring the lush rainforests and cascading waterfalls to surfing the Pacific waves or simply enjoying a sunset stroll along the beach. The vibrant expat community in Ojochal provides a welcoming environment, offering a ready-made social network and a wealth of shared experiences, from yoga classes and farmers' markets to lively gatherings at local eateries. For families, the area offers a safe and nurturing environment, with access to international schools and a myriad of activities that foster a love for nature and exploration. Retirees find solace in the tranquil surroundings and the accessible healthcare options, while entrepreneurs are inspired by the thriving tourism industry and the potential for new ventures. This property caters to those who seek not just an investment, but a transformative lifestyle, a place where they can truly live their dreams, whether that involves running a successful hospitality business, enjoying a steady stream of passive income, or simply having a beautiful retreat to call their own in paradise. The allure of Ojochal lies in its ability to deliver on these diverse aspirations, offering a unique blend of adventure, relaxation, and community that is truly unparalleled.

Q: What are the key features of Apartamentos Tortuga? A: Apartamentos Tortuga offers four fully furnished apartments, each with its own kitchen and private bathroom, making it a turnkey solution for rental income. It sits on a spacious 1-hectare (2.47 acres) flat lot with mature tropical landscaping, providing privacy and ample room for future expansion, such as adding a pool or additional units. Its prime location near Playa Tortuga and Ojochal’s amenities further enhances its appeal.

Q: What kind of expansion potential does this property offer? A: The generous 1-hectare, perfectly flat lot provides significant expansion potential. You could easily add a swimming pool to enhance guest experience, construct additional rental units to increase income, or develop communal spaces like a yoga deck or a BBQ area. The existing lush landscaping ensures privacy and a beautiful setting for any future developments.

Q: Is this property suitable for both short-term and long-term rentals? A: Absolutely. The configuration of four independent, fully furnished apartments, each with its own kitchen and bathroom, makes it ideal for both short-term vacation rentals, capitalizing on Ojochal’s tourism appeal, and longer-term tenants seeking a comfortable home in a desirable location. This versatility allows for a diversified and stable income stream.

Q: What makes the location of Ojochal unique for investment? A: Ojochal is a highly sought-after destination known for its exceptional culinary scene, stunning natural beauty including pristine beaches and lush rainforests, and a vibrant, welcoming expat community. This unique blend creates consistent demand for accommodations, making it an excellent location for a multi-family property investment with strong rental potential. Its proximity to the Coastal Highway also ensures easy access.

Q: What is the process for purchasing property in Costa Rica as a foreign buyer? A: Purchasing property in Costa Rica as a foreign buyer is straightforward, with foreign buyers enjoying the same property rights as local citizens. We can connect you with trusted legal counsel specializing in Costa Rican real estate transactions to guide you through the process, which typically involves a public notary and registration with the National Registry.

Q: What makes Ojochal a desirable location for a multi-family property investment? A: Ojochal is renowned for its culinary scene, stunning beaches like Playa Tortuga, and a vibrant expat community, making it a popular destination for tourists and long-term residents alike. This creates consistent demand for rental properties, ensuring excellent occupancy potential for a multi-family investment. Its proximity to the Coastal Highway also offers convenient access to other regional attractions.

Q: What kind of rental income potential does this property offer? A: With four fully furnished apartments, each equipped with its own kitchen and bathroom, this property is ideally configured for generating immediate rental income. It can cater to both short-term vacation rentals, benefiting from Ojochal’s tourism, and longer-term tenants, providing a diversified income stream. The turnkey nature allows for quick operational setup.

Q: What is the process for legal and title transfer for this property? A: The legal and title transfer process in Costa Rica involves a public notary, who acts as the closing agent. A title search is conducted to ensure clear ownership, and the transfer is registered with the National Registry. Our team can guide you through each step and recommend experienced local attorneys to facilitate a smooth and secure transaction.

Q: How close is this property to local amenities and lifestyle activities? A: This property boasts a prime location just minutes from the pristine sands of Playa Tortuga, perfect for beach lovers. It is also conveniently close to Ojochal’s acclaimed restaurants, boutique shops, and a variety of adventure activities such as zip-lining and nature tours, offering residents and guests a rich and engaging lifestyle experience.

Frequently Asked Questions

Yes, foreign nationals are legally permitted to purchase real estate in Costa Rica, including this multi-family property. The process is straightforward, with foreign buyers enjoying the same property rights as local citizens. We can connect you with trusted legal counsel specializing in Costa Rican real estate transactions.

Ojochal, Ojochal, Puntarenas

Property details

Price
$385,000
Property type
Multi-Family
Region
Ojochal
Bedrooms
4
Bathrooms
4
Land size
10,000 m²
Built area
250 m²
Reference
GCI-MLS#1396

Location

Ojochal, 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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