Matapalo, Cabo Velas, Santa Cruz, Guanacaste 50308, Costa Rica
Located in Matapalo, just 10 minutes from Playa Grande, this exceptional 9-unit rental property offers a rare opportunity to acquire a high-income-producing hospitality asset in one of Guanacaste’s most desirable coastal regions.
Ideally positioned near Playa Grande, Tamarindo, Conchal, Brasilito, and Flamingo, the property attracts guests looking for beach access, nature, privacy, and a peaceful Costa Rican escape while still being close to restaurants, surf, tours, and the area’s main attractions.
The property is divided into two distinct rental sections: Mar Blau and Villa Monos.
Mar Blau features five fully equipped 2-bedroom homes, each designed for comfort, privacy, and short-term rental appeal. Every unit includes its own private pool, outdoor BBQ rancho, garden area, air conditioning, WiFi, parking, and functional living spaces. These homes are ideal for families, couples, remote workers, and travelers looking for a private villa-style experience near the beach.
Villa Monos includes four 1-bedroom rental units centered around a communal pool, creating a relaxed boutique-style atmosphere. These units are well suited for couples, solo travelers, digital nomads, and guests looking for a peaceful stay surrounded by nature.
Together, the 9 units create a flexible and powerful rental operation with multiple income streams. The property can serve short-term vacation rentals, long-term rentals, group stays, retreats, corporate stays, or a boutique hospitality concept. With a mix of private pool homes and smaller villa units, the property appeals to a wide range of guests and travel budgets.
The setting is one of the property’s strongest advantages. Surrounded by tropical gardens and Costa Rican wildlife, guests can enjoy the sound of nature, howler monkeys, iguanas, and a quiet atmosphere away from the busier tourist centers. At the same time, the location offers quick access to Playa Grande, one of the area’s best-known surf beaches, as well as nearby coastal towns and popular destinations.
For investors, this is a standout opportunity in the Playa Grande and Matapalo area. Properties with 9 existing rental units, private pools, established guest appeal, and proximity to the beach are increasingly difficult to find. The layout allows an owner to continue operating the property as a vacation rental business, live on-site while renting the remaining units, or reposition the property as a branded boutique rental compound.
Whether you are looking for a turnkey rental property in Costa Rica, a boutique hospitality investment near Playa Grande, or a multi-unit income property in Guanacaste, this offering delivers location, flexibility, and strong income potential.
For Investors
This is a standout opportunity in the Playa Grande and Matapalo area, combining strong in-place income with significant upside. Properties with 9 existing rental units, private pools, established guest appeal, and proximity to the beach are increasingly difficult to find.
Financial Snapshot
The property delivers an estimated 13.5% return on investment based on current net income, well above typical residential and short-term rental benchmarks in the region. The layout allows an owner to continue operating the property as a vacation rental business, live on-site while renting the remaining units, or reposition the property as a branded boutique rental compound.
14
beds
14
baths
9,149.29 Sq.Ft. LIVING AREA
5,639 Sq.M. lot
The KRAIN team not only assists clients in purchasing homes in Costa Rica but also helps with anything their clients need to ensure a peaceful transition into Costa Rican life.