For Sale: Apartment Building for Investors PP 1527

Excellent investment opportunity. Building with 25 apartments, of which 22 are studios and 3 are classified as Penthouse. Each apartment has its own private bathroom. The units have areas ranging from 35 to 50 square meters. Prices range from approximately ₡280 thousand to ₡380 thousand colones. Rent includes water and electricity. The building generates around ₡6.7 million colones per month in income, with expenses of ₡1.25 million and a net income of ₡5.36 million, which gives an approximate gross yield of 9% and a net yield of 7.7% The building has 1 water meter per apartment and one electricity meter for every two apartments. Due to its excellent location, the building maintains an occupancy close to 100%. Part of the building could be used for Airbnb Benefits of investing in an apartment building in San Pedro (Roosevelt), Montes de Oca San Pedro, and specifically areas such as Roosevelt, Los Yoses, Dent and surroundings, is one of the most stable zones for residential real estate investment in Costa Rica. Its proximity to universities, corporate centers and services maintains constant rental demand throughout the year. 1. High rental demand The area concentrates a significant population of: National and international university students. Young professionals. Executives. Professors and researchers. Foreigners working for multinational companies. This allows high occupancy levels to be maintained in small and medium apartments. San Pedro is recognized as the main university canton in the country, driving permanent demand for rental housing. 2. Excellent profitability A well-managed building can generate: Stable monthly cash flow. Risk diversification (multiple tenants). Lower impact when a unit is vacant. Asset value appreciation over time. There are even buildings completely rented out in San Pedro with…