$499,000

Cornett Retreat, Cabo Velas Guanacaste, 50308

Price per sqft$132.47

Property size3,767 sqft

Property typeResidential

Overview

Active

Listed Mar 26, 2026

Updated 2 days ago

Welcome to an extraordinary investment opportunity just 10 minutes from the breathtaking and unspoiled Playa Grande, one of the finest beaches in the area. This rare colonial gem offers an exceptional combination of versatility, strong rental performance, and long term upside, making it one of the most compelling opportunities in its price range. Property Highlights: Main House: 2 bedrooms and 1 bathroom, ideal for comfortable owner living or rental Large Apartment: 2 bedrooms and 1 bathroom, perfect for short or long term stays Cozy Apartment: 1 bedroom and 1 bathroom, a strong rental performer Detached Studio: 1 bedroom and 1 bathroom, private and highly attractive for vacation guests Outdoor Amenities: Two ranchos for outdoor relaxation and gatherings, ready for easy conversion into additional studios Immaculately manicured gardens that create a tranquil tropical atmosphere Lot size of 1,000 square meters of lush land Construction size of 350 square meters designed for functionality, privacy, and flexibility Private entrances for each unit, offering excellent separation and guest privacy Why This Property Stands Out: This is a proven income producing asset with nearly 50,000 dollars in verified Airbnb direct booking revenue already generated, not projected. This represents a rare opportunity to secure a high performing property at an exceptional price. Even if you live in the main residence full time, rental income from the remaining units could deliver close to a 10 percent annual return on investment. The upside potential is even more impressive. The two ranchos are ready for conversion into studios, unlocking substantial additional rental income. With full optimization of short term rentals, this property could realistically generate 75,000 to 80,000 dollars or more per year, pushing potential returns near 20 percent. Opportunities like this are extremely rare in today’s market and truly a no brainer investment. This is a fully established Airbnb operation with hundreds of five star reviews and verifiable financials, offering both stability and scalability. Whether you want to operate a boutique rental business, live on site while renting multiple units, or create a flexible multi generational living compound, this property offers endless possibilities in a prime Playa Grande location. Do not miss the chance to own a versatile, high performing property in paradise. Contact us today!

Additional information

MLS^® ID: CR26006913M

Interior Features

Bedrooms: 6
Bathrooms: 4
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.25 Acres

Other Property Details

Furnished: Yes

Courtesy of Melanie Engel with Flamingo Beach Realty
Listing Contact: +50670878150

The IDX display contains information sourced from Omni MLS as of 10/20/2026. 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.