Villa Los Monos: High-Income 9-Unit Rental Property Near Playa Grande
Listing Images
- $915,000
- Active
- Listing ID : CS2600037
- Matapalo, Cabo Velas, Santa Cruz, Guanacaste, Costa Rica
- Ocean-Vicinity
- 1414
- Hotel/Resort/Hostel
- Mountain View
- Total Lot Size : 0.56 ha (1.38 acre)
Exceptional income-generating rental property in Matapalo, just 10 minutes from Playa Grande and close to some of Guanacaste’s most desirable beaches, including Tamarindo, Conchal, Brasilito, and Flamingo. This unique investment opportunity includes 9 fully equipped rental units divided into two sections: Mar Blau, featuring five 2-bedroom homes, each with its own private pool, BBQ rancho, and outdoor space; and Villa Monos, featuring four 1-bedroom villas with access to a communal pool. Designed for short-term rentals, vacation stays, and digital nomads, the property offers strong rental appeal with WiFi, air conditioning, nature surroundings, parking, and peaceful tropical gardens. Guests can enjoy privacy, comfort, and proximity to the beach while being surrounded by Costa Rican wildlife, including howler monkeys and iguanas. A rare turnkey hospitality asset in one of Costa Rica’s fastest-growing coastal regions.
More about this property
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 looking for beach access, nature, privacy, and a peaceful Costa Rican escape while still being close to restaurants, surf, tours, and the area’s main attractions.
The property is divided into two distinct rental sections: Mar Blau and Villa Monos.
Mar Blau features five fully equipped 2-bedroom homes, each designed for comfort, privacy, and short-term rental appeal. Every unit includes its own 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 looking for 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. These units are well suited for couples, solo travelers, digital nomads, and guests looking for a peaceful stay surrounded by nature.
Together, the 9 units create a flexible and powerful rental operation with multiple income streams. The property can serve short-term vacation rentals, long-term rentals, group stays, retreats, corporate stays, or a boutique hospitality concept. With a mix of private pool homes and smaller villa units, the property appeals to a wide range of guests and travel budgets.
The setting is one of the property’s strongest advantages. Surrounded by tropical gardens and Costa Rican wildlife, guests can enjoy the sound of nature, howler monkeys, iguanas, and a quiet atmosphere away from the busier tourist centers. At the same time, the location offers quick access to Playa Grande, one of the area’s best-known surf beaches, as well as nearby coastal towns and popular destinations.
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. 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.
Whether you are looking for a turnkey rental property in Costa Rica, a boutique hospitality investment near Playa Grande, or a multi-unit income property in Guanacaste, this offering delivers location, flexibility, and strong income potential.
For Investors
This is a standout opportunity in the Playa Grande and Matapalo area, combining strong in-place income with significant upside. 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: $999,500 USD
Gross Annual Revenue: ~$169,000 USD
Net Annual Income: ~$135,000 USD
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, well above typical residential and short-term rental benchmarks in the region. 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.
| Roof Type | Roof Tile |
|---|---|
| Number of Units | 9 |
| Number of Bedrooms | 14 |
| Number of Full Bathrooms | 14 |
| Number of Stories | 1 |
| Total Interior Area | 850.00 m² (9,149.29 sq ft) |
| Total Area under Roof | 1,100.00 m² (11,840.25 sq ft) |
| Total Lot Size | 0.56 ha (1.38 acre) |
| Floor Type | Tile |
| Construction Status | Completed |
| Year Built | 2014 |
| Air Condition Type | Multiple Wall Units |
| Furnished Type | Fully |
| Pool | Yes |
| Jacuzzi | No |
| Parking Type | Parking Lot |
| Number of Parking Spaces | 9 |
| Telephone | Yes |
| Internet Types | Cable Internet |
| Television Types | Standard Cable TV |
| BBQ | Yes |
| Location | Matapalo, Cabo Velas, Santa Cruz, Guanacaste, Costa Rica |
|---|---|
| Country | Costa Rica |
| State | Guanacaste |
| County | Santa Cruz |
| District | Cabo Velas |
| City/Town | Matapalo |
| Zip Code | 50308 |
| Location Type | Ocean-Vicinity |
| Geographic Type | Dry Forest |
| View Type | Mountain View |
| Street Access Type | Unpaved Road |
|---|---|
| Type of Water | City Water |
| Type of Sewer | Septic |
| Type of Internet | Cable Internet |
| Type of Television | Cable Television |
| Type of Electricity | Public |
| Telephone Available | Yes |
| Price per Air-Conditionable Living Area | $1,076.47/m2 ($100.01/sqft) |
|---|---|
| Price per Total Area Under Roof | $831.82/m2 ($77.28/sqft) |
| Price per Square Meter | $163.39/m2 ($15.18/sqft) |
| List Price | $915,000 |
| Ownership Type | Legal Corporation |