Casa El Coco

Description

Introducing Casa El Coco, an exquisite private retreat nestled within the exclusive Palm Beach Estates community. Just a mere 200 meters from the pristine beach access, this hidden gem beckons with its allure. Upon crossing the threshold, you're enveloped by the grandeur of the open-concept main room, seamlessly blending the kitchen, living area, and outdoor terraces, inviting in refreshing ocean breezes and abundant natural light.

Boasting 3 bedrooms and 2 full bathrooms, Casa El Coco offers generous space for a family retreat or lucrative vacation rental venture. Meticulously maintained by its current owners, no expense has been spared in ensuring its upkeep. Recent upgrades abound, including high-efficiency double-pane windows, new exterior doors, comprehensive rewiring, updated lighting and ceiling fans, enhanced kitchen amenities, a top-tier insulated roof, upgraded water and pool pumps, revitalized landscaping, a state-of-the-art security and camera system, and a substantial security/privacy wall with gated access.

For those seeking an investment opportunity, Casa El Coco currently enjoys a thriving presence on Airbnb, commanding an impressive average nightly rental price of $500. The property is primed for expansion, with the carport area prepped for easy conversion into a fourth bedroom, promising increased value and rental potential.

Situated in Playa Grande, a picturesque beach community just north of Tamarindo along Costa Rica's Pacific coast, this idyllic enclave is a sanctuary of natural beauty. Nestled within the Parque Nacional Marino Las Baulas, it boasts nearly 3 miles of pristine beaches, framed by swaying palms and lush greenery. Renowned as a protected nesting ground for leatherback turtles, visitors can witness the awe-inspiring spectacle of nesting and hatching seasons from October through March.

Adjacent to Casa El Coco, the neighboring lot 135 offers an enticing opportunity for expansion, measuring 1062m2 and fully serviced with a water meter installed, poised for development. Available for an additional $350k, it presents a compelling proposition for those eager to expand their slice of paradise.