Apartment Complex for Sale in Manuel Antonio

Within gated community!

Manuel Antonio (1077E) - For Sale

$949,000.00 USD

8 Rentals - Investment opportunity!

Centrally located just walking distance from the charming town of Quepos, Eco Condos within the gated community of Manuel Antonio Estates is a boutique apartment complex made up of eight x 2 bedroom apartments plus one studio.  Offering a communal pool, parking for up to 7 cars, 24-hour security, jungle views adjacent to a majestic stand of giant bamboo, Eco Condos is a thriving short term vacation rental business with opportunities to expand its annual revenues.

The complex is composed of two buildings, each with two x 2 bedroom + 1 full bathroom upper apartments and two x 2 bedroom + 1 full bathroom lower apartments. Each apartment has a full kitchen and living room combined in an open concept that leads out to a terrace overlooking the jungle and its vibrant wildlife. The upper apartments boast especially high ceilings giving them an extra spacious, almost grand feel. All come with ceiling fans and AC to keep things cool and comfortable.

Manuel Antonio Estates management is conveniently located steps away and currently provides concierge services – for a percentage of rental income – to the guests of Eco Condos. There they can book tours or get assistance during their holiday, an amenity much appreciated by travellers and relieving the owners of having to address those needs.

The second building has a ninth unit, a studio apartment not currently part of the rental pool which could easily become an additional source of rental income, an owner home, or be used to house an in-house property manager who, in exchange, could serve as a concierge, thus changing up the current management model. Also located in the second building is a full laundry room with road access from behind, making for easy access.

Each apartment has a separate electrical meter making long term rentals viable. The complex currently has 2 WiFi networks shared throughout making this property ideal for digital nomads. The location is quiet, with little traffic, and exclusive hiking trails throughout. The neighbours are respectful of one another. And the Raindrop Spa – a hidden gem mere minutes away with an Indonesian-inspired atmosphere of peace and tranquility – offers spectacular treatments and yoga classes.

Eco Condos is a turnkey operation, ready for anyone looking to pick up a prosperous tropical business at a good price in a thriving, tourist destination yet still a very relaxed community of people living a Pura Vida lifestyle.

Type: House Style: Multiplex Beds: 16 Baths: 8 Garage: N/A Type: N/A Construction Level: Fully Built MLS: 1077E

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