Beautiful apartment building for sale in Moravia

Price
$1,100,000
Price/M²
$1,100
M² of construction
1000
Bedrooms
2
Bathrooms
2
Parking
2

Beautiful apartment building for sale in Moravia

Category

Buildings

Published

02/11/2024

Location

San Vicente

Price

$1,100,000

Price/M²

$1,100

Property

Beautiful apartment building for sale in Moravia. Excellent opportunity to invest, with 8 apartments rented.
month.
It consists of two buildings of 3 floors each of very robust architecture, its maintenance is given opportunely, both in its physical plant and the pumping equipment, for drinking water, it has a large water tank that is fed from A and A, and two pumps that alternate, to give a better service.
Regarding electricity, it has a Transformer of the National Power and Light Company, which gives maintenance every 2 years, for the operation of the pumps and parking lots of the buildings and common areas, there are three separate meters.
The condominium has an Administrator and an assistant, whose salary is paid by the condominium fees. There is a person in charge of cleaning the stairs, parking lots and cutting the green areas, three times a week, on Mondays, Wednesdays and Fridays from 6 a.m. to two p.m., especially by the garbage collection truck of the Municipality of Moravia. This person is paid a salary of 175 thousand colones per month, plus social charges.
Sale price $1,100,000
Unit Cost $137,500
Monthly net income $8,000
Annual return 8.5%
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