Boutique Living in Escazú - 6-Unit Apartment Building, 100% Occupied, For Sale Sold

Escazu, San Jose
Sold Property ID: 26020

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Location: Escazu, Costa Rica
Business Potential – Boutique Living, 6 Units (2 & 3 Bedrooms), 100% Occupied ID26020

This boutique apartment building is strategically positioned within a consolidated, high-value market. Its location combines residential tranquility with immediate proximity to commercial, financial, and service hubs, making it highly attractive to the middle-class rental segment seeking accessibility and quality of life.

Location & Accessibility:
- Surrounded by shopping centers, offices, and essential services.
- Direct connectivity to the capital city and major highways.
- Situated in a high-demand rental area, ensuring full occupancy and stable returns.

Market Perspective:
The 100% occupancy rate demonstrates strong and sustained demand from the middle-class segment. This tenant profile values practical, well-located housing solutions, positioning the asset as a reliable income generator.

Growth Opportunities:
- Internal subdivision: Potential to reconfigure larger units into smaller apartments, increasing rental density and maximizing yield per square meter.
- External expansion: Option to acquire the adjacent property, enabling growth to up to 14 units and enhancing parking capacity.
-Scalability: The asset can evolve into a higher-standard boutique project or even a luxury redevelopment, depending on the investor’s strategy.

Conclusion:
This property is more than a boutique building with full occupancy—it is a strategic financial asset that combines immediate stability with future expansion and appreciation potential. For investors, it represents an opportunity to transform secure cash flow into a scalable, high-return project.
MLSID
26020
Price
Sold
Status
Sold
Property Type
Commercial
Beds
6
Baths
6
LOT Area (SQ M)
588
Floor Area (SQFT)
10226
Year Built
1991
Acres
0.15
Additional Features
Parking Spaces : 6
View : City

Real Estate Agent

Eduardo Calzada Ramirez

Coldwell Banker Santa Ana Real Estate

US: +1 201 971 1010 #800

Costa Rica Direct: +506 8752-7000

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