La Meridiana is the perfect opportunity for an investor/developer ready to take advantage of Costa Rica’s desirable location and growing expat community. Looking for convenience for the tenants? Look no further! Due to the amazing location of these spacious apartments and condos, they can be marketed as permanent residences or vacation rentals. Take advantage of a central spot; Tamarindo, Playa Conchal, Playa Flamingo, numerous grocery stores, restaurants and 3 International schools are all within a 15-minute drive on fully paved roads. Liberia airport is only an hour away.
This project has the potential to generate over $400K in pure profit. Budgets, Profit & Loss statements and all financials are already prepared to facilitate a quick return on investment.
La Meridiana is a 4-phase opportunity with existing water and electricity infrastructure.
Phase 1, which is fully completed and occupied, with 1 block of large and well-appointed apartments/condos. Each section consists of a 2-story and 3-story building, common area, inclusive water well that covers all units, secure gated community and:
• Tenants with annual contracts currently generating immediate income.
• 10 luxury apartments furnished with 6, 2 bed condos and 4, 3 bed condos
• Private parking is in the registry for each apartment
• Pools exclusive to residents
• 24/7 security service
• Management service for residents
Phase 2 is 90% completed with 10 additional luxury residences joining the community. Anticipated completion is June 2018.
Phase 3 is 50% complete featuring 20 structural ‘shells’ for condo blocks ‘C’ and ‘D’.
Phase 4 is the land with underground infrastructure completed for 40 additional units.
Plans are already signed and approved.
Year Built: 1
Number of Bedrooms: 1
Number of Bathrooms: 1
Distance to Beach:
Ocean View: no
Air Conditioning: yes
Close to Shops: no
Fully Furnished: yes
Cable/Satellite TV: no
Internet Connection: no
Gated Community: yes
Close to Schools: no
Linens Provided: no
Fully Equipped: no
Private Garden: no
Other Features: Near By Attraction: Cycling, Golf, Hiking, Tourist attractions..
Ground Feature: Quiet location, Swimming pool