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$ 639,000
Est. payment /mo
Price Dropped by $241K
C. Mundo Milo Veintisiete De Abril, Guanacaste 50309
10 Beds
10 Baths
9,310 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 9,310 sqft
Price per Sqft $68
MLS Listing ID CR26006717M
Bedrooms 10
Full Baths 10
Lot Size 0.494 Acres
Property Sub-Type Single Family Residence
Property Description
Located just 650 meters from the beach in the heart of Playa Junquillal, this unique property offers a lush setting where the sound of the waves is part of daily life. Adjacent to the well-known Mundo Milo hotel and restaurant, the location is ideal for a commercial project.
Set on a 2,000 m² lot, the property features approximately 865 m² of total construction, including terraces, built in solid concrete and in good overall condition. It includes 7 fully equipped suites plus a versatile main house.
Suites 1 to 5 each offer two queen beds, a private terrace, kitchenette, and individual A/C, accommodating up to 4 adults. Suite 6 is more spacious with large built-in wardrobes, while Suite 7 offers upgraded comfort with a king bed, full-size refrigerator, and large terrace. Additional spaces include a laundry room, garage, and pool equipment room.
Outdoor areas are a major highlight, with a 3.5 x 9 meter swimming pool, a spacious 242 m² terrace, attractive common areas, and parking for up to 10 vehicles.
The main house offers 132 m² on the ground floor and is currently configured as a one-bedroom home, but can easily be converted back to a two-bedroom layout. An independent upstairs bedroom with exterior access is ideal for staff accommodation.
Originally built in 1999, the property was acquired by the current owner in 2022 and has since been used exclusively as a private residence. Suites 1 to 5 were added in 2022-2023, along with pool renovations and terrace expansion. The property has fiber optic internet, electricity from Coop Guanacaste, and municipal water through ASADA Paraíso.
The property is being sold as-is. All systems are in good working condition, with no known roof or structural issues. Renovations are recommended to modernize the property, with an estimated budget of $75,000 to $150,000 depending on scope and finishes.
An owner could live in the main house, accommodate staff on-site, and operate the 7 suites as rentals. Estimated gross annual income potential ranges from $150,000 to $200,000.
Rebuilding a property of this size, construction quality, and location near the beach would be extremely difficult today at a comparable cost. This is a rare opportunity to revitalize and reposition a substantial property with strong upside.
If you want, I can also make it even tighter by about 400 to 500 more characters without losing the sales angle.
Set on a 2,000 m² lot, the property features approximately 865 m² of total construction, including terraces, built in solid concrete and in good overall condition. It includes 7 fully equipped suites plus a versatile main house.
Suites 1 to 5 each offer two queen beds, a private terrace, kitchenette, and individual A/C, accommodating up to 4 adults. Suite 6 is more spacious with large built-in wardrobes, while Suite 7 offers upgraded comfort with a king bed, full-size refrigerator, and large terrace. Additional spaces include a laundry room, garage, and pool equipment room.
Outdoor areas are a major highlight, with a 3.5 x 9 meter swimming pool, a spacious 242 m² terrace, attractive common areas, and parking for up to 10 vehicles.
The main house offers 132 m² on the ground floor and is currently configured as a one-bedroom home, but can easily be converted back to a two-bedroom layout. An independent upstairs bedroom with exterior access is ideal for staff accommodation.
Originally built in 1999, the property was acquired by the current owner in 2022 and has since been used exclusively as a private residence. Suites 1 to 5 were added in 2022-2023, along with pool renovations and terrace expansion. The property has fiber optic internet, electricity from Coop Guanacaste, and municipal water through ASADA Paraíso.
The property is being sold as-is. All systems are in good working condition, with no known roof or structural issues. Renovations are recommended to modernize the property, with an estimated budget of $75,000 to $150,000 depending on scope and finishes.
An owner could live in the main house, accommodate staff on-site, and operate the 7 suites as rentals. Estimated gross annual income potential ranges from $150,000 to $200,000.
Rebuilding a property of this size, construction quality, and location near the beach would be extremely difficult today at a comparable cost. This is a rare opportunity to revitalize and reposition a substantial property with strong upside.
If you want, I can also make it even tighter by about 400 to 500 more characters without losing the sales angle.
Location
State Guanacaste
County Santa Cruz
Interior
Furnishings Furnished
Fireplace No
Exterior
Water Access Desc Public
Building
Story 2
Water Public
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