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Multi-Unit Property with Expansion Potential 24 Units

GuanacasteCosta RicaSee the area

$5,900,000

For sale

Home
229 m²
Lot
40,952 m²

The property

Discover an exceptional investment opportunity at Villa Ferlito, a multi-unit property located on the main road leading into the charming beach town of Flamingo, Costa Rica. Spanning 4 hectares (9.88 acres), this property offers 97 meters of prime road frontage, making it ideal for Residential, Commercial, or Expansion Possibilities.

Surrounded by lush landscaping, Villa Ferlito provides a peaceful setting where local wildlife flourishes. The existing infrastructure includes 24 rental units, a large private pool, and a communal rancho, creating an attractive space for both long-term residents and short-term visitors.

Property Features:

  • Two One-Story Duplexes Each unit: 2 bedrooms, 1.5 bathrooms, full kitchen, storage closet, and laundry room with washer/dryer hookups.
  • Handcrafted wooden details throughout, using local hardwoods.
  • Five One-Story Quadplexes
  • Each unit: 2 bedrooms, 1 bathroom, fully equipped kitchen, and laundry room with washer/dryer hookups.
  • Beautifully crafted wooden doors, baseboards, and cabinetry.
  • Resort-Style Pool Area
  • One of the largest private pools in the area, featuring a 50-foot adult pool and 20-foot kiddie pool.
  • Rancho – perfect for gatherings and relaxation.
  • Pool house & equipment room for maintenance and storage.

Expansion & Commercial Potential:

  • Elevated Terrain – Offers space for additional residential development.
  • Prime Road Frontage – Ideal for commercial expansion or business opportunities, adding further income potential.

This property offers a rare blend of residential comfort and investment potential in one of Costa Rica’s most desirable coastal locations.

Contact us today for more details!

Details

Home
229 m² (2,462 sq ft)
Lot
40,952 m²
Built
2011
View
Mountain view
Type
Apartments / studios

Features

  • Swimming pool
  • Garden
  • Air conditioning
  • Barbecue
  • Dryer
  • Paved access road

More photos

Lindsey Cantillo on the beach

Lindsey Cantillo

Owner and broker

Speaks English and Spanish

On the coast since 1997

Where it is

Multi-Unit Property with Expansion Potential 24 Units, 11 photos

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