https://pro.cr/b2cpxjx
Jacó, Garabito
USD$2,990,000Sale
27 Bedrooms15 Bathrooms1,221m² Construction1,983m² Lot

Picaso Building - Passive Income

Just a few blocks from the beach and downtown Jacó, this 88% occupied mixed-use investment property offers immediate cash flow, low maintenance ownership, and long-term upside in one of Costa Rica’s most desirable coastal markets.

With proven $23,300 USD in gross monthly income and only $1,000 USD/month in operating expenses, this property delivers an estimated 8.9% annual ROI / cap rate for nearly passive income!

This is the definition of a turnkey, passive-income asset.

Property Highlights6 fully furnished 2 bedroom 2. 5 bathroom apartments9 modern studio apartments10 high visibility commercial storefronts on Av. Amapola2 storage warehouses1 private 3 bedroom 2 bath home1 stunning penthouse featuring breathtaking jungle views and a huge indoor outdoor terrace

Recent Improvements & Features:3 studio units recently renovatedSeparate laundry for all residential unitsLarge resort-style swimming poolSpacious private on-site parkingTenants pay all utilitiesExtremely low maintenance operationApproximately 88.5% occupancy overall, with residential rentals currently 100% occupiedProven stable rental historyPrime Walkable Location

Located in the center of Jacó, tenants and guests enjoy walking access to:

Playa JacóRestaurants & nightlifePharmaciesBanksClinicsGrocery stores & shopping

A brand-new shopping center nearby is currently nearing completion, bringing even more convenience, dining, shopping, and long term value to the area.

Plus, the property is only approximately 1.5 hours from Juan Santamaría International Airport, making it highly attractive for both local and international renters.

Investor AdvantageImmediate cash flow from day oneStrong tenant demandDiversified income streams from residential + commercial unitsSeller financing possible for qualified buyersLeases and income documentation can be provided once under contract to verify revenue

Whether you’re looking to expand your portfolio, secure a high-performing international asset, or own a low-maintenance income property near the beach, this opportunity checks every box.

Apartment
Property subtype
05/22/2026
Listing date
Coldwell Bankers CR
Beth Beaird
Coldwell Bankers CR
Propiedades CR does not charge a commission to the agencies for referring prospects.

Comparison with similar properties in sale

Median per bedroom category (1 comparable in this category). Red line/point indicates this listing.

Median price for apartments in district Jacó, Garabito canton (166 comparables): $ 339,000

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