$1,195,000

Located in the vibrant coastal town of Playa Brasilito, Laughing Gecko Suites offers a unique opportunity to acquire a fully renovated, income-generating property just steps from the beach. With a prime location on Guanacaste's coveted Gold Coast, it is minutes from Flamingo Marina, Surfside Potrero, Playa Conchal, and the Westin Reserva Conchal Golf Resort, placing this property in an area with consistent tourist demand. Currently generating between $100,000 and $120,000 USD annually in long-term rental income, it provides immediate cash flow and significant growth potential if repositioned as a short-term vacation rental or as a boutique hotel concept, where profitability could be considerably higher given its prime location and flexible layout. With approximately 5,500 square feet of living space across three levels, the building has been completely renovated, including all electrical and plumbing systems, air conditioning, finishes, and appliances, making it ready for turnkey operation. The layout is carefully designed to maximize both functionality and rental versatility: Third Floor (Penthouse): A spacious and private 3-bedroom, 3-bathroom penthouse with a full kitchen, living and dining area, office space, laundry room, and a large balcony. This floor can also be reconfigured into two separate units (one with 2 bedrooms and one with 1 bedroom), offering greater rental flexibility. Second Floor: Two fully remodeled 2-bedroom, 2-bathroom units, each with modern kitchens, updated bathrooms, and high-quality finishes, ideal for vacation or long-term rentals. Ground Floor: A one-bedroom, one-bathroom unit with wheelchair access, plus a commercial/office space suitable for property management, tours, or additional rentals. Additional Unit: A brand-new, independent apartment for the caretaker with a kitchenette and bathroom, which can also be used as a separate rental unit. The outdoor areas are designed to enhance the guest experience and quality of life, featuring a private pool, barbecue area, landscaped garden, and teak fencing, creating a relaxed and secure environment. The property also includes parking for four or five vehicles, plus golf carts, etc. (Gated parking for 1-2 vehicles). One of the most significant advantages is the option to divide the building into four or five individual units, allowing for flexibility for resale or phased investment strategies. Within walking distance, guests and residents can enjoy Brasilito Beach, local restaurants, supermarkets, pharmacies, and recreational options, while prestigious international schools such as CRIA and La Paz are just minutes away. Liberia International Airport is conveniently located approximately 45 minutes from the property, ensuring strong rental demand year-round. Laughing Gecko Suites is more than just a property; it's a proven income-generating asset with immediate returns and growth potential, ideal for investors seeking to enter Costa Rica's thriving hotel market with a flexible and well-located opportunity.