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For Sale

Cornett Retreat

Cornett Retreat, Cabo Velas 50308, CR

$499,000
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!

6
beds

4
baths

3,767.36 Sq.Ft. LIVING AREA

10,763.9 Sq.Ft. lot

Melanie Engel

Melanie Engel

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms4
  • full bathrooms4

Area & Lot

  • Status For Sale
  • Living Area3,767.36 Sq.Ft.
  • Total Area350 Sq.Ft.
  • Lot Area10,763.9 Sq.Ft.
  • MLS® IDCR26006913M
  • TypeResidential
  • NeighborhoodHuacas & Matapalo

Exterior

  • STORIES1
  • utilitiesNatural Gas Not Available

Financial

  • Sales Price$499,000
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in Cornett Retreat, Cabo Velas 50308, CR. We are reviewing your request and will be in touch shortly!

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Huacas & Matapalo

The town showcases true Costa Rican culture and more affordable living.

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There is no place on earth quite like Costa Rica and owning property here will fulfill dreams of a lifetime.

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