Los Yoses Urban Living Apartment Tower 35 Unit Investment. Unique opportunity!! This completely finished apartment tower is the perfect place to enjoy modern life in Costa Rica. With an impressive construction area of 8,245 m2, this tower has 35 high-quality apartments to offer.
The apartments are designed with the needs of the residents in mind. There are
- 17 one-bedroom apartments,
- 11 two-bedroom apartments,
- 6 three-bedroom apartments,
- 1 four-bedroom apartment.
- An impressive two-story penthouse!!
All the apartments offer the best details, from flat ceilings to high-quality bathrooms with triple chrome taps.
In addition, the tower has incredible amenities to make life in the city much more comfortable. There are two elevators, a swimming pool, a sunbathing area, a clubhouse, a gym, and 65 parking spaces. There is also a reception with an office for better administration.
The tower has a solid and high-quality structure. The exterior walls are of the structural concrete system, and the interior walls are of plaster. All wall plasters are made of concrete. The foundations were built on reinforced concrete in accordance with the standards of the Costa Rican seismic code. The columns and beams were also built with reinforced concrete according to the practices and regulations of the Costa Rican seismic code. The roof structures were built with metallic profiles and enameled galvanized steel profiles and were covered with acoustic and thermal insulation. Flat roofs are covered with plaster.
If you are looking for an investment opportunity, there are two important options. The first option is the sale of the apartments considering a construction and lot price of $1,309 per m2. This price is a very good price for a finished building. The second option is to remodel and operate a medical clinic and living care with 50 apartments of different sizes. With an estimated rent of $175,000 per month and a gross return of 22.10%, this option is very attractive.
Adapting what it is today to a medical clinic would cost an estimated $2,231,500 (permits and construction, without special equipment or furniture).
Financing or Renting
The current owner is willing to finance 35% of the sale price, at an interest to be agreed upon, for three years. There is also the rental option, which would be $95,000 per month or $1,140,000 per year.
Do not miss this unique opportunity to acquire a high-quality apartment tower in Los Yoses! If you’re looking for a solid investment, this tower has it all. Contact me now for a showing of this Los Yoses Urban Living Apartment Tower 35 Unit Investment.