Invest in Twin Modern Style homes in San Ramon
Sales Price both homes: US$300,000
- Land: 1,700 m2 (18,200 sq.ft.)
- Construction: 140 m2 (1,500 sq.ft.)
- Bedrooms: 2
- Bathrooms: 2
The homes: Recently built -completed in 2014- these 2BR / 2BA twin homes were built to North American Standards and offer very modern and smart layouts. The open concept in main living areas offers vaulted ceilings, built-in lighting, and bright kitchen with large center isles – that opens up to large covered terraces overlooking the mountains.
Off the kitchen, the homes have laundry areas with W/D, all-electric panels and wiring for alarms, on-demand hot water systems, and mop sinks. At the back end of the home, the Master bedrooms enjoy vaulted ceilings, large walk-in closets with ensuite bathrooms. The secondary bedrooms have open closet systems, high ceilings, and full bathrooms just outside the door, allowing the bathrooms to function as guest bathrooms for the main living area as well. Each bedroom has covered terraces accessed through large sliding glass/screen doors. The homes are completely turnkey with all furnishings and appliances, making them ready to collect rent from day 1. The property is completely enclosed with a large gated entry and fully fenced.
The Town and Area: San Ramon and the Central Valley mountains are quickly becoming "THE" place for ex-pats to purchase real estate. Right now, almost 65% of all ex-pats move to this Central Area. And the mountains just outside the Central Valley are becoming the go-to area because the cost of living and lifestyle is what most people want. It is even becoming more and more popular with the Costa Ricans for the same reasons - healthy living, low costs, less crime than the city areas. Great schools, medical services, access to amenities like shopping, restaurants - its pretty obvious, once you are here, why it becomes such a desirable area. Plus, you are just 45 minutes to the Central International Airport, 45 minutes to the Pacific Coast Beaches, 1.5 hours to La Fortuna and the Arenal Volcano, 1 hour to San Jose and the City business centers… So what makes this such a great investment? If you come here to visit, or even rent for a while as you search for a home, there is almost NOTHING available to rent.
The ROI: These 2 homes, both 2 BR/2BA and in a modern style with all North American upgrades throughout, have been rented continuously for the past 3 years. As soon as they were built, they were rented out. Being sold now as a complete investment opportunity package. The net income on the homes is $20,000/year. One home is being sold for $160k, a very good price in today’s market here. but purchase the second one for just $140k more as a package deal. You are looking at a wonderful investment opportunity. If you buy them, as the owner you could use one as a part-time or full time home and rent the other one year-round. If you were planning to buy them and just spend the cold winter months in Costa Rica, BOTH homes could bring in the same ROI, even with one being rented 1/2 a year because shorter rentals and vacation rentals actually bring in more $/day than a month long. But the choice is yours how you want to use them.
Location: Located on between 2 bus lines, your guests or tenants don’t even need a car to get into town. And within 15 minutes you could walk there! Overlooking the beautiful mountains towards Piedades de San Ramon, this is one of the most desirable areas of Costa Rica - San Ramon de Alajuela.
Climate: Mountains, fresh air - NO A/C or Heat needed. Another plus to the investment - no extra costs for heat or a/c, or the units, or the maintenance. Cool Mountain Air is still free!
San Ramon is a fast-growing area for both ex-pats and Ticos looking to get away from the beaches or city centers, and live the Pura Vida of the mountains with all amenities of a big city at their fingertips 45 minutes to Puntarenas and 45 minutes to SJO airport. A major hospital, high class private medical centers, gyms, yoga and wellness centers, cafes, 2 universities, several bilingual schools, San Ramon is the best-kept secret to some, but an amazing find for those who have chosen to live there!