Tamarindo Apartment Buildings for Sale | 16 Rental Units & 7% Cap Rate

PRICE:

$1,300,000

Tamarindo Apartment Buildings for Sale – 16 Rental Units with a 7% Cap Rate

These Tamarindo apartment buildings for sale present a rare opportunity to acquire a fully occupied, income-producing property in one of Costa Rica’s most sought-after beach communities.

Located in the heart of Tamarindo, the property consists of two well-constructed apartment buildings containing a total of 16 long-term rental units. Each unit remains fully leased, and the property has maintained an exceptional occupancy record, delivering stable and predictable rental income throughout the year.

Unlike vacation rental properties that often experience seasonal fluctuations, these apartments generate consistent long-term rental income. As a result, investors benefit from dependable cash flow and reduced operational complexity.

Fully Occupied Tamarindo Rental Investment

The property includes approximately 8,000 square feet of improvements situated on a 921-square-meter lot. The layout maximizes rental income while providing comfortable and private living spaces for tenants.

Because the buildings operate as a long-term rental investment, owners enjoy reliable monthly revenue from established tenants. This structure creates a more predictable investment profile than many short-term rental properties in the region.

Property Features

Two apartment buildings
16 long-term rental units
Consistent full occupancy
Approximately 8,000 sq ft of improvements
921 m² lot
Turnkey investment property
Prime central Tamarindo location
Stable long-term rental income

Strong Cash Flow with a 7% Cap Rate

One of the most attractive features of these Tamarindo apartment buildings is the strong financial performance. The property currently delivers a solid 7% cap rate, providing investors with immediate income and long-term growth potential.

Since the units are fully leased and professionally operated, a buyer can acquire a stabilized asset that generates revenue from the first day of ownership. Consequently, investors can avoid the uncertainty often associated with vacant properties or value-add projects.

Growing Demand for Long-Term Rentals in Tamarindo

The demand for long-term rental housing in Tamarindo continues to increase. The area attracts local professionals, international residents, retirees, expatriates, and remote workers who seek high-quality housing close to the beach and local amenities.

In addition, Tamarindo continues to experience growth through new infrastructure, restaurants, shops, and professional services. However, the supply of quality long-term rental properties remains limited. Therefore, income-producing apartment buildings with proven occupancy records rarely become available.

Prime Location in the Heart of Tamarindo

The property's central location provides convenient access to Tamarindo’s beaches, restaurants, shopping, schools, and essential services. Tenants value the walkable location and proximity to everything the community offers.

Because of its strategic location and established rental history, the property appeals to investors seeking both immediate income and long-term appreciation in one of Costa Rica’s strongest real estate markets.

Investment Opportunity in Tamarindo

With 16 fully leased units, a proven occupancy history, and a strong 7% cap rate, these Tamarindo apartment buildings for sale represent one of the area's most compelling investment opportunities.

For investors seeking stable cash flow, low vacancy risk, and long-term appreciation potential, this turnkey apartment complex offers an outstanding opportunity to own a high-performing asset in Tamarindo.