Commercial Property
FOR SALE $995,000
ABOUT THIS PROPERTY
T
he best commercial corner in the Huacas area just became available! Hundreds of vehicles pass by this corner property every day on their way to Tamarindo, Flamingo, Playa Grande and other well-known exotic beaches in Costa Rica, as well as on the way to Liberia airport.
Location analysis
It's no secret that Guanacaste has become a world-class destination and Huacas is in the middle of it all. Huacas has experienced enormous growth in the last three years. New businesses have decided to establish their operations in this city and it's rapidly becoming one of the most important intersections in Guanacaste.
Property analysis
The current owner has put this property’s income potential to the test during the past year, and it has been a huge success. Four fast food restaurants, one fruit stand and three signed deals have emerged, with a small investment in infrastructure for the vacant land. All of these businesses are doing really well and are enjoying the prime property location. The potential is limitless. You can continue with the current owner's vision and enlarge the current rental income or make a bigger investment and turn this property into a mixed-use building. The property has six electricity and two water meters installed already.
Nativu analysis
This is one of the best deals under $1 million in the area, and a great short-medium term investment for the right investor with the right vision. We have applied some financial models to different scenarios for usage of the property; please feel free to contact us and we will share our research with you.
Details • •
Lot: 3,500 square meters Inclusions: Two water meters Six electricity services
Contact: Fabricio Riggioni (506) 8301-0663 fabricio@nativu.com
DEVELOPMENT SPOTLIGHT
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