Located on a 3.2-hectare property, 1 km north of the Alajuela Courthouse. It has permits to develop 103 housing units, on lots averaging 140 to 150 square meters. Currently includes: SETENA approval, valid and up to date 134 water connections (agreement with Acueducto Fallas, Municipality of Alajuela) Current land use permit Stormwater drainage approval up to date Availability of electrical services Soil study Archaeological studies Hydrological studies Earthworks permit All permits are currently valid.
The property is currently a multi-family residence consisting of 3 apartments: Apartment 1: 45 m² (approx. 484 sq. ft.) featuring 1 bedroom and a full bathroom. It comes fully furnished and generates a monthly rental income of ¢200,000. Apartment 2: 45 m² (approx. 484 sq. ft.) featuring 2 bedrooms and a full bathroom. It comes fully furnished and generates a monthly rental income of ¢200,000. Apartment 3: 90 m² (approx. 968 sq. ft.) featuring 2 bedrooms, a full bathroom, and a 85 m² (approx. 915 sq. ft.) backyard with various plant species and trees. Key Features: Parking: The garage provides 2 parking spaces. Zoning & Potential: The property has mixed-use zoning, with 75% lot coverage and a maximum buildable height of 21 meters. Condition: The infrastructure was renovated in 2017. However, due to minimal maintenance, it is currently in fair condition and requires improvements.
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