Location: Manuel Antonio, Costa Rica
Casa Diamante is a unique estate that provides an amazing opportunity for a luxury residence or lucrative rental property in the heart of Manuel Antonio. The spacious property, with more than a half-acre of land, has a privileged location just a short walk away from the world-famous beaches of Playa Manuel Antonio, yet also amazingly convenient to all the area's amenities. Located on a bluff, the home offers a multi-level floor plan ideal for flexible luxury rental that can house large groups, but that also provides flexibility to rent or use personally and split the property into individual rental spaces. For someone looking to run their own private luxury rental and enjoy a change in lifestyle this is a dream, or you could use it as the original developers had planned: to live on the top floor and use the lower floors for guests and/or passive income.
The home's top floor hosts a magnificent one bedroom, 1.5 bathroom luxury suite with a spacious living area, bright and well-equipped kitchen, expansive master suite, and luxurious master bathroom with travertine marble and soaking tub. A large free-form terrace is highlighted by the cantilevered teacup jacuzzi tub that looks out over the rainforest canopy, Pacific Ocean, and Cathedral Point located in the park. The next level below hosts three additional bedrooms, two full baths, a kitchenette, and an additional terrace. Below this level, there are two other full levels, a second fully equipped kitchen, and 3 additional bedrooms that all share an expansive pool deck nestled into the rainforest and a large terrace and outdoor kitchen ideal for entertaining and relaxing.
An owner's apartment is also located below the main level, making for room to remodel into more rental space or could easily be used as live-in quarters for someone looking to live on-site and run more of a bed and breakfast. There is a LOT of construction here, and the value is in the location, solid modern construction, views, and proximity to the beach. Neighboring homes have recently sold for nearly $500,000 more money, leaving room for a great purchase here, some remodel and upgrades, and a real equity position in an incredible market. The location is irreplaceable, and the advantage of the walk to the beach and proximity to all the areas services and amenities puts you at a substantial rental advantage in this high-demand market. Opportunities like this don't come up often.