Sunday, April 20, 2014
I just got off the phone with Terry Moran. Terry’s our man on the ground in Arenal, Costa Rica.
Terry gave me the real skinny on a brand-new real estate listing in Arenal. It’s so good, I wanted to share it with you straight away. I’ve seen this property on a recent scouting trip in Arenal and I can’t believe its low sticker price.
It’s a two-bed two-bath property for sale in Arenal. It’s only four years old. It sits alongside the main lakeshore road on a third of an acre of land. It’s got nice lake views. Its asking price is only $69,000.
That’s a really good deal. I’m sure you’re thinking there’s a catch. We’ve already told you about the real estate bargains you can get in Arenal, but why is the price on this property so low?
The property was originally built and run as a restaurant. The business didn’t pan out. The owner tried selling it as a business, but got no offers.
That’s because this isn’t the best location for a business. It’s not downtown; it’s a five-minute drive away. But there’s a lack of parking at the front of the property—a big drawback when your clients are coming by car.
The owner is now at the stage where he needs to sell, and sell fast. And here’s the kicker. This property doesn’t work as a business. But it would make a great home.
You’d need to do a little work but not too much. The outside of the house needs re-painting to cover the business logo and graphics. The yard needs landscaping. Inside, you can make over the house to suit your own taste. It’s got good bones. It’s laid out with two bedrooms and bathrooms. The main living area features big picture windows.
At this price and in this location, this property will get snapped up. It’s got a lot of potential. If you’re interested in this Arenal real estate property, don’t delay. Contact Terry here for more details.
P.S. You can watch a special Pathfinder video on Arenal here—and see for yourself why properties like the one above are such a killer deal.
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