La Meridiana Condominium complex
La Meridiana is located in a quiet neighborhood full of palm trees in la Josefina (10 min drive to Tamarindo), with swimming pools and green mountain views spread out along the horizon, providing the ultimate luxury and comfort.
The Guanacaste district in which La Meridiana is located is an evolving tourist destination that draws a crowd of residents from around the world, especially the United States and Canada. The atmosphere in the area is young and vibrant.
A short distance from the compound:
3 successful schools, 4 different beaches shopping centers, restaurants and super-Markets and different entertainment venues for the benefit of residents and tourists.
Construction plans are approved for a total of:
– 84 luxury apartments and one level units
– 120 parking spaces
– Tennis Court & playground
– 2 big pools
Total land of 25,000 Square meters.
Already Built and Rented:
– 24 luxury apartments finished and furnished fully rented, distributed as follows;
– 4 units – 1 bedroom apartments
– 10 units – 2 bedroom apartments
– 10 units – 3 bedroom apartments.
– 8 Condo buildings in architectural design
– Main pool
– Tenants with annual contracts
Currently under construction (concrete stage) – will be delivered finished brand new, 32 luxury apartments distribured as follows;
– 4 units – 2 bedroom 80m2 apartments
– 12 units – 3 bedroom 100m2 apartments
– 8 units – 4 bedroom 140m2 apartments
– 8 units – 1 bedroom 50m2 apartments
– Tennis court + Fitness Studio
– small commercial center with a restaurant, offices and kinder garden, all to provide greater amenities and comfort for the complex residents.
* Buyer can decide if to rent long/ short term or to sell individually in a hot market with low inventory.
Bonus development parcel:
– Land for additional 40 or more units – developed with infrastructure, only need to renew the municipal permits already obtained few years ago.
Summary:
– 24 fully rented condos
– 32 brand new condos
– 1.3 Hectare land for development
Current investment group owns 100% of the property. The project is for sale as one, however investors are open for selling whole blocks offering attractive ROI with existing long term rentals, and additionally open for a scenario of a 50/50 partner or joint ventures to continue developing the project.