Located in the heart of Santa Teresa, just steps from the beach, this fully furnished seven-unit apartment property offers something increasingly difficult to find in the area: a central location, an established rental operation, and strong documented income.

The property includes seven independent apartments, one of which is a studio. Each unit has been designed with a clean, modern style and includes air conditioning, a private bathroom with hot water, a fully equipped kitchen or kitchenette, reliable Wi-Fi, and its own balcony or outdoor area.

Apartment interiors range from approximately 30 m² to 55 m², with balconies ranging from 10 m² to 25 m². The property also offers private parking, a covered common area of approximately 42 m², and a landscaped garden with enough space to add a 3 × 5 meter swimming pool.

Its location is one of its strongest advantages. Guests and tenants can walk to the beach, restaurants, cafés, shops, surf schools, and many of Santa Teresa’s main attractions without depending on a vehicle.

The property currently operates through a balanced rental model. Two apartments are rented under stable 12-month leases, while the remaining units are primarily rented for periods of one to three months, a format that performs particularly well with digital nomads, seasonal residents, and extended-stay visitors. The apartments could also be positioned for short-term vacation rentals through platforms such as Airbnb.

The financial history reflects a consistent and well-established operation. In 2025, the property generated approximately USD 170,289 in gross rental income and USD 113,039 in net operating profit. Based on the financial records provided for 2022–2025, the average annual net operating profit was approximately USD 117,259, representing an indicative net operating return of approximately 9% at the asking price.

With an existing income stream, seven furnished rental units, parking, a highly walkable location, and additional potential through the construction of a swimming pool or a stronger short-term rental strategy, this property is well suited to an investor looking for an operating business in one of Costa Rica’s most active tourism markets.