Multi-Unit Rental Property with Two Pools and ~13% Projected ROI on Guanacaste

Guanacaste, Costa Rica

Not every property needs to be a sprawling estate to make the numbers work. Sometimes the smartest investment is the one that’s already built to generate income from the day you close, on a lot with room to grow, at a price point that lets the returns speak for themselves.

Alegría and Alchemy sit on 5,000 m² (1.23 acres) inside Paradise Point, a private gated community on Guanacaste’s Nicoya Peninsula. Three independent rental units, two pools, six bedrooms, and a layout designed from the ground up for flexibility. Live in one, rent the others. Rent all three. Use it as a family compound. The configuration supports whatever model fits your life right now and adapts when your plans change.

Residential Components & Layout

Alegría (Independent Residence) 2 bedrooms | 2 bathrooms | 85 m² interior | 30 m² covered terrace | private pool

Alegría is a fully self-contained home with its own pool, open-plan living and dining area, kitchen, and a covered terrace that connects the interior spaces to the outdoors. It operates entirely on its own terms, with no shared walls or common areas with the Alchemy units. Whether occupied by a couple for six months, listed as a vacation rental year-round, or kept as the owner’s private residence while the other units generate income, Alegría functions as a complete, independent home.

Alchemy 1 and Alchemy 2 (Rental-Ready Units) 2 bedrooms per unit | 1 bathroom per unit | 50 m² interior per unit | kitchenette and living area in each

Alchemy consists of two independent units, each with its own bedrooms, bathroom, kitchenette, and living space. They share access to a 3 x 10 meter pool and an 80 to 100 m² terrace, but each unit operates as a separate listing with its own guest experience. That means two simultaneous bookings, two income streams, and the kind of flexibility that turns a single property into a small portfolio.

Outdoor Living Two pools serve the property: one private to Alegría, one shared between the Alchemy units. Landscaped grounds surround both structures, creating natural privacy and separation between the residences. Multiple outdoor areas are designed for daily use, relaxation, and the kind of indoor-outdoor living that defines this part of Costa Rica

Location & Lifestyle

The property is located in Paradise Point, a private community on the Nicoya Peninsula, in one of Guanacaste’s quieter and fastest-growing coastal corridors.

From the property, you’re 10 minutes from San Juanillo’s white-sand cove, 8 minutes from the sea turtle nesting beaches of Ostional, 20 minutes from Playa Marbella, and 25 minutes from Playa Guiones in Nosara, the area’s hub for dining, yoga, wellness, international schools, and a well-established expat community. Nosara’s local airport is 20 minutes away, and Liberia International Airport, with direct flights from major U.S. and Canadian cities, is approximately 1.5 hours by car.

The surrounding area attracts a mix of long-term expats, remote professionals, wellness-focused travelers, and families drawn to the Blue Zone lifestyle. Demand for short-term and long-term rentals in this corridor continues to grow, supported by increasing international awareness of the Nicoya Peninsula as both a lifestyle destination and an investment market.

INVESTMENT SNAPSHOT:

At $500,000, this property delivers one of the strongest income-to-price ratios available on the Guanacaste coast. Three independent units, each already configured for rental use, on a generous lot with two pools and room for future development.

Short-Term Rental (Airbnb)

As a short-term rental operation across all three units, the property projects an estimated annual ROI of approximately 13% based on conservative occupancy of 18 nights per month. That baseline accounts for the reality that high season (December through April) typically fills at or near full capacity, while low season occupies fewer nights. Operating expenses, including property management, cleaning, maintenance, and platform fees, are estimated at 25% of gross income. Actual returns during strong seasons can exceed the projected baseline.

Long-Term Rental

For owners who prefer stability and lower involvement, long-term rentals across all three units project an estimated annual ROI of approximately 9.2%, with operating costs around 15% and consistent monthly income year-round.

Blended Strategy

A blended approach, short-term during high season and long-term during low season, allows owners to capture peak rates when demand is strongest while maintaining occupancy and income during quieter months. With three units operating independently, you can run different strategies on different units simultaneously.

Property management coordination is included when you purchase through Blue Zone Homes. We connect you with trusted local operators who handle guest communication, turnover, cleaning, and maintenance from day one.

OWNERSHIP & PRACTICALITIES

The property sits on 5,000 m² (53,819 ft² / 1.23 acres) inside a private gated community with electricity and water in place. Costa Rica guarantees foreign property ownership under the same legal terms as citizens, a constitutional provision since 1870. When you purchase through Blue Zone Homes, our team connects you with a vetted local attorney and tax specialist at no additional cost, guiding every step from due diligence through closing.

Why Alegría & Alchemy?

Six bedrooms. Four bathrooms. Three independent units. Two pools. A projected short-term rental ROI of approximately 13%. And a price point that lets serious investors enter the Guanacaste market with a property that’s already built to perform.

This isn’t a property where you’re buying potential and hoping it works out. The units are built, the layout is proven, the rental infrastructure is ready, and the location sits in the path of one of the fastest-growing luxury corridors on the Nicoya Peninsula. Whether you’re looking for your first investment property in Costa Rica, a compound for extended family, or a rental portfolio that generates income while you’re not here, Alegría and Alchemy give you the structure to start immediately.

The 5,000 m² lot also offers room for future expansion, whether that’s an additional casita, a larger pool area, or amenities that increase both rental appeal and long-term property value.

$500,000 | 6 Bed | 4 Bath | 3 Units | 2 Pools | 5,000 m² (1.23 Acres) | ~13% Projected ROI