Property For Sale

Cabo Velas, Guanacaste
$915,000 MLS ID: CR26009520M

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Location: Matapalo, Cabo Velas, Costa Rica

Located in Matapalo, just 10 minutes from Playa Grande, this exceptional 9-unit rental property offers a rare opportunity to acquire a high-income-producing hospitality asset in one of Guanacaste’s most desirable coastal regions.

Ideally positioned near Playa Grande, Tamarindo, Conchal, Brasilito, and Flamingo, the property attracts guests seeking beach access, nature, privacy, and a peaceful Costa Rican escape while remaining close to restaurants, surf, tours, and popular attractions.

The property is divided into two rental sections: Mar Blau and Villa Monos.

Mar Blau features five fully equipped 2-bedroom homes designed for comfort and short-term rental appeal. Each unit includes a private pool, outdoor BBQ rancho, garden area, air conditioning, WiFi, parking, and functional living spaces. These homes are ideal for families, couples, remote workers, and travelers seeking a private villa-style experience near the beach.

Villa Monos includes four 1-bedroom rental units centered around a communal pool, creating a relaxed boutique-style atmosphere ideal for couples, solo travelers, digital nomads, and nature-focused guests.

Together, the 9 units create a flexible rental operation with multiple income streams. The property can support vacation rentals, long-term stays, retreats, corporate rentals, or a boutique hospitality concept. The combination of private pool homes and smaller villa units appeals to a wide range of guests and budgets.

Surrounded by tropical gardens and Costa Rican wildlife, guests enjoy a peaceful atmosphere with howler monkeys, iguanas, and nature all around, while still being close to Playa Grande and nearby coastal towns.

For investors, this is a standout opportunity in the Playa Grande and Matapalo area. Properties with 9 existing rental units, private pools, established guest appeal, and proximity to the beach are increasingly difficult to find.

Financial Snapshot:

Asking Price: $915,000 USD
Gross Annual Revenue: ~$169,000 USD
Net Annual Income: ~$135,000 USD
Estimated ROI: ~13.5%
Revenue Channels: Airbnb, Booking.com, direct reservations, and social media

The property delivers an estimated 13.5% return on investment based on current net income, offering strong cash flow and future upside. The layout allows an owner to continue operating the property as a vacation rental business, live on-site while renting the remaining units, or reposition the property as a branded boutique rental compound.

MLSID
CR26009520M
Price
$915,000
Status
Available
Property Type
Property
Additional Features
Parking Spaces : 9
Furnished
Stories : 1
Year Built : 2014

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