202m2 University Building in Barrio La Granja Sale-
Description
202m2 University Building in Barrio La Granja Sale – $250,000 USD
* If you buy this University Building in La Granja, it meets the requirement to apply In Costa Rica for the Residency for Investor (Inversionista) category. We can help you with your residency process; click here to read more about our sister company, Costa Rica Immigration Experts!
Property Features:
- 202m2 of land space
- 310m2 of construction
- Perfect to build on in an area that has an emerging market
- Rental property
- University town
Property Description:
This expansive property boasts generously proportioned rooms, providing ample space for comfortable living.
With its 9 bedrooms and 6 bathrooms, it offers a perfect co-living space, ideal for students or professionals seeking a communal yet private living environment. The property features a spacious living room, perfect for gatherings and relaxation, along with a dining area and an inviting BBQ space for outdoor entertainment.
Located in a safe and vibrant university area, this house presents an excellent investment opportunity for rentals. Its size and layout make it an attractive option for potential tenants, ensuring a steady stream of income for savvy investors..
Property Location:
Investing in San Pedro, Costa Rica, offers the potential for solid returns, driven by its stable economy, high rental demand, strategic location, and supportive business environment:
- Economic Stability:Costa Rica has a stable economy compared to other countries in the region. San Pedro, being part of the greater San Jose metropolitan area, benefits from this stability, making it an attractive location for investment.
- Educational Hub: San Pedro is home to several prestigious universities and educational institutions, including the University of Costa Rica (UCR) and the Latin American University of Science and Technology (ULACIT). This creates a steady demand for rental properties from students and faculty, making it a lucrative investment opportunity.
- High Rental Demand: The influx of students and young professionals attending universities and working in nearby businesses creates a high demand for rental properties in San Pedro. Investing in rental properties can provide a reliable source of income with favorable rental yields.
- Growing Infrastructure San Pedro is experiencing continuous development and improvement in infrastructure, including transportation networks, roads, and commercial centers. These developments contribute to increasing property values and attract more investors to the area.
- Strategic Location: San Pedro’s proximity to downtown San Jose and its central location within the country make it a strategic investment location. It offers easy access to major highways, public transportation, and key amenities, making it convenient for residents and businesses alike.
- Tourism Potential: Costa Rica’s tourism industry continues to grow, attracting visitors from around the world. San Pedro, with its close proximity to popular tourist destinations like national parks, beaches, and cultural attractions, offers investment opportunities in hospitality and tourism-related businesses.
- Political Stability & Investor Friendly Policies: Costa Rica is known for its stable democracy and investor-friendly policies. The government encourages foreign investment through incentives and protections, making it an attractive destination for investors seeking long-term growth opportunities.
Overall, investing in San Pedro, Costa Rica, offers the potential for solid returns, driven by its stable economy, high rental demand, strategic location, and supportive business environment.
Ask if owner financing is available:
Owner financing can be a good option for buyers who don’t qualify for a traditional mortgage. Owner financing provides sellers with a faster way to close because buyers can skip the lengthy mortgage process.
Especially if you are not a Costa Rican permanent resident, you may face challenges obtaining a mortgage loan from a local bank. While banks spend time putting up barriers, GAP provides a fast, simple, and effective alternative, specializing in secured home equity loans. Grupo GAP may assist you in obtaining a private equity loan, which may be your best alternative. Click HERE for other methods of Home Financing.
Make an Offer:
Always feel free to make an offer; the seller is open to negotiation and owner financing.
Interested in this property? Please get in touch with us at
+506-8500-2085 /
+506-6474-6770
To list your property with us, CLICK HERE.