Picaso Building - Passive Income

Offered at $2,990,000.00

 

Picaso Building - Passive Income

Costa Rica, Puntarenas, Jaco

26584

Property Id

Apartment

Type

Sale

Category

$2,990,000.00

Sale Price

15.0

Bathrooms

27.0

Bedrooms

1980

Year Built

2,000 /m2

Land

0.49 /Acres.

Land

1,220 /m2

Construction

13,132 /Sq. Ft.

Construction

Active

Status

Jaco

Office

 

Just a few blocks from the beach and downtown Jacó, this 88% occupied mixed-use investment property offers immediate cash flow, low maintenance ownership, and long-term upside in one of Costa Rica’s most desirable coastal markets.

With proven $23,300 USD in gross monthly income and only $1,000 USD/month in operating expenses, this property delivers an estimated 8.9% annual ROI / cap rate for nearly passive income!

This is the definition of a turnkey, passive-income asset.

Property Highlights
6 fully furnished 2 bedroom 2. 5 bathroom apartments
9 modern studio apartments
10 high visibility commercial storefronts on Av. Amapola
2 storage warehouses
1 private 3 bedroom 2 bath home
1 stunning penthouse featuring breathtaking jungle views and a huge indoor outdoor terrace

Recent Improvements & Features:
3 studio units recently renovated
Separate laundry for all residential units
Large resort-style swimming pool
Spacious private on-site parking
Tenants pay all utilities
Extremely low maintenance operation
Approximately 88.5% occupancy overall, with residential rentals currently 100% occupied
Proven stable rental history
Prime Walkable Location

Located in the center of Jacó, tenants and guests enjoy walking access to:

Playa Jacó
Restaurants & nightlife
Pharmacies
Banks
Clinics
Grocery stores & shopping

A brand-new shopping center nearby is currently nearing completion, bringing even more convenience, dining, shopping, and long term value to the area.

Plus, the property is only approximately 1.5 hours from Juan Santamaría International Airport, making it highly attractive for both local and international renters.

Investor Advantage
Immediate cash flow from day one
Strong tenant demand
Diversified income streams from residential + commercial units
Seller financing possible for qualified buyers
Leases and income documentation can be provided once under contract to verify revenue

Whether you’re looking to expand your portfolio, secure a high-performing international asset, or own a low-maintenance income property near the beach, this opportunity checks every box.

 
 
Bbq Area
Close To Golf
Close To Schools
Close To Shops
Close To Transport
Fully Landscaped
Furnished Fully
Gated Community
Income Producing
Jungle Views
Owner Financing
Penthouse
Pets Allowed
Pool
Split Air Conditioning
Storage Unit
Washer Dryer
Commercial
Investment Opportunities
Appliances
Multi-Family

Real Estate Agent

Beth Beaird

Coldwell Banker Central Pacific Properties

bethbeairdcostarica@gmail.com

Validation Code
 
 

Costa Rica, Puntarenas, Jaco

Av. Amapola

 

Contact Us


Coldwell Banker Central Pacific Properties
Phone: +(506) 8718 7216
US Direct: +(509) 855 7457
Email: davidkarrcostarica@gmail.com

Jaco Walk, Local 62. Jaco, Punteranas, Costa Rica 61101
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