Highlights:

7.98% Net CAP Rate: Projected net annual rental income of $8,459 USD (estimated rent of $900/month).

11th Floor with Panoramic Views: Excellent natural lighting and cross-ventilation.

High-Demand Location: Minutes away from the main Free Trade Zones in El Coyol.

Location:

Qalma Condominium, El Coyol, Alajuela. Located close to the area's main business, industrial, and corporate hubs.

Property Features (Apt. 1101):

Total area: 69 m²

Floor: 11

1 bedroom

1 full bathroom

Spacious walk-in closet

2 private balconies

1 covered parking space

1 private storage unit

Panoramic views of green areas

Built-in kitchen cabinetry

Independent laundry area

Pet Friendly

Layout (Type C Floor Plan - Single Level):

Main entrance connecting directly to the open-concept kitchen, dining, and living area. Sliding glass doors opening onto the first balcony. Hallway leading to the laundry room and full bathroom. Spacious master bedroom with a walk-in closet and private access to the second balcony.

Description:

An excellent real estate investment opportunity in Qalma Condominium, strategically positioned in one of Alajuela’s fastest-growing corporate and industrial corridors. Located on the 11th floor, this apartment stands out for its beautiful panoramic views, modern layout, and great natural ventilation.

It delivers highly attractive financial figures for investors: priced at $106,000 USD with an estimated monthly rent of $900 USD/month, it generates a Net Annual Operating Income (NOI) of $8,459 USD (after deducting $103/month in HOA/CAM fees, $105/year in municipal taxes, and $1,000/year in other operating expenses), yielding a Net CAP Rate of 7.98%. Ideal for renting to corporate executives and engineers working in the surrounding free zones.

Condo Amenities:

Recreational swimming pool, sundeck / tanning area, rooftop BBQ & grill, coworking spaces, meeting room, multipurpose lounge, reading areas, green spaces, dog park (Pet Park), elegant lobby, and 24/7 security.