Income-Producing Multi-Use Property with 3 Titled Lots | Just Minutes from Tamarindo

Located just minutes from the beach town of Tamarindo, this rare income-generating opportunity in Villareal offers investors the chance to acquire a fully operational rental complex composed of three individually titled lots, each with its own structure and income potential. With a diverse mix of residential units, commercial spaces, and hostel accommodations—this property is designed for consistent cash flow and long-term growth.

With a total of 1662 Sq mt (0.41 Acre), this is a turnkey solution for anyone seeking a profitable investment in Costa Rica’s most in-demand region.

Building 1 – Left Lot | Mixed-Use Residential & Commercial

Size of the lot: 463 m2

This lot includes several rental units with flexibility for commercial or storage use.

• 1-Bedroom Apartment (100 m²): Includes 2 bathrooms

• Two Additional Units (100 m² each): Divided into multiple rooms with shared baths, currently rented for light commercial/storage use – currently rented

• Commercial Unit (100 m²): Currently leased to a local print shop.

Building 2 – Middle Lot | Residential + Workshop Space

Size of the lot: 595 m2

This partially developed lot includes a long-term rental unit and a large multipurpose structure.

• 2-Bedroom Apartment (90 m²): Fully functional, long-term rental

• Workshop/Storage Area (300 m²): Previously used as a furniture shop, includes bathroom with showers and toilet.

Building 3 – Right Lot | Residential + Hostel Units

Size of the lot: 604 m2

This fully developed lot features a mix of long-term rental apartments and newly constructed hostel spaces.

• Studio Apartment (30 m²): Long-term rental, includes private yard, A/C, kitchen, full bath – currently rented.

• Three-Bedroom Apartment (150 m²): Two floors, 2 bathrooms, full kitchen, laundry area, spacious living – excellent for long-term rental.

• Hostel (80% complete): Ready in approx. 1 month, includes:

  • Upstairs: 1 private room w/ ensuite + balcony, 2 shared rooms with kitchenette and shared bath.

  • Downstairs: 2 shared rooms (with communal bathroom setup), 1 private ensuite room, shared kitchen and laundry.

Highlights & Investment Value

• 3 Separate Titled Lots – allows for future resale, financing, or phased development.

• Diverse Rental Mix – residential apartments, hostel-style units, commercial & storage spaces.

• Strategic Location – just minutes from Tamarindo, a booming tourism and surf destination.

• Established Rental Base – many units currently rented long-term.

• Flexible Use Options – suitable for retail, hospitality, or residential expansion.

This is a unique opportunity to acquire a fully diversified income property in Costa Rica, with built-in rental revenue and high growth potential in one of the country’s most promising regions.

Contact us today to schedule a private tour and explore the full investment potential of this multi-use complex near Tamarindo.