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6 Beds
6 Baths
4,628 sqft

$400,000

, San Rafael, Escazu, Escaz San Jose

Price per sqft$86.43
Built in2012
Property size4,628 sqft
Property typeCondominium

Overview

Active

Listed Apr 12, 2026

Updated 10 days ago

Real Estate Investment in Escazú: Two Apartments with Immediate Rental Income in Trejos Montealegre In Costa Rica’s competitive real estate market, opportunities that combine immediate cash flow, a strategic location, and a below-market purchase price are highly sought after by investors. This property in Trejos Montealegre, Escazú, brings all these elements together, positioning itself as a solid and profitable investment. Prime Location Trejos Montealegre is one of the most exclusive and high-value neighborhoods in Escazú. It is well known for its proximity to corporate centers, restaurants, hospitals, shopping areas, and prestigious educational institutions. This strategic location ensures strong rental demand and sustained property appreciation over time. Property with History and Structural Integrity The property was built in 2012 and is part of a development consisting of three independent apartments, of which two are currently available for sale. This configuration offers independence and flexibility, making it ideal for investors seeking to diversify their income streams. Apartment Features Construction Areas: 250 m² and 180 m² (Total: 430 m²). Layout of Each Unit: 3 bedrooms 2.5 bathrooms Functional kitchen Integrated living and dining areas Maid’s quarters with a private bathroom Parking spaces Integrated water storage tank in both apartments No HOA or condominium fees, enhancing net profitability. Private community security, providing peace of mind for residents. Immediate Cash Flow Both apartments are currently rented, allowing the investor to generate income from day one: Apartment 1: $1,200 per month Apartment 2: Between $1,500 and $1,800 per month Estimated Monthly Income: $2,700 – $3,000 Estimated Annual Income: $32,400 – $36,000 Price per Square Meter: A True Opportunity One of the most compelling aspects of this investment is its below-market price per square meter: Average price in the area: $1,200/m² Offered price: $930/m² Approximate discount: 22.5% below market value This price differential represents not only a smart acquisition but also significant medium- and long-term appreciation potential. Investment Profitability Asking Price: USD $400,000 (for both units) Estimated Gross Return: Between 8% and 9% annually Dollar-denominated income, ideal for financial diversification and inflation protection. No condominium fees, increasing net yield. Key Benefits for Investors Immediate cash flow with active lease agreements. Below-market purchase price ($930/m² vs. $1,200/m²). Prime location in a high-appreciation area. Relatively recent construction (2012). Integrated water storage tanks in both apartments. Private community security. Strong and consistent rental demand. Excellent potential for future appreciation. Conclusion For investors seeking stability, profitability, and long-term capital growth, this property in Trejos Montealegre repre

Additional information

MLS® ID
CR261119373

Interior Features

Bedrooms
6
Bathrooms
6
Basement
No

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Garage
Yes
MLS provider logo

Courtesy of Ing. Erick Alfaro B with CENTURY 21 Luxa
Listing Contact: +50671280899 

The IDX display contains information sourced from Omni MLS as of 10/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Omni MLS all rights reserved. Data last updated on 10/3/2026 at 6:06 AM UTC

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