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Playas del Coco
09/04/2026

Houses in Playas del Coco | Iguana Rentals - Your Own Complex with No HOA - 5 Bed

$220,000
Ref.: EB-QY2906
Price
$220,000
Bedrooms
5
Bathrooms
3
M² of construction
295.06
Location

Playas del Coco

Published

04/09/2026

Price/m² of construction

$745.61

Address of Property

Playas del Coco

Details

Welcome to this charming, versatile property nestled between the vibrant towns of Coco and Ocotal, just a 5-minute stroll to the sandy shores of Coco Beach and a short drive to the stunning black sand beach of Ocotal, perfect for snorkeling.

This thoughtfully designed complex consists of two 2-bedroom, 1-bath apartments and a cozy 1-bedroom, 1-bath studio (total: 5 Bedrooms, 3 Bathrooms). With major high-end hotels opening nearby, it’s a prime investment opportunity with a highly positive return-each unit currently rents for $700 per month, generating a 7% net annual return on investment. Plus, all three units are already rented, ensuring immediate income. With some minor improvements, there’s potential to increase rental revenue even further.

Another big advantage-no HOA fees!

Conveniently, supermarkets, great pizza, and other restaurants are just steps from your door. The property is fully gated with a spacious parking area in front, and each unit comes with its own private laundry area in the back.
Mari Brenes

Palm Real Estate

- Playas del Coco

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