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.
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.