SOLD-These Are NOT Ultra Luxury Homes – At $124,000 for 2bed/2 bath they are remarkably affordable homes just 300 meters from the beach and the developer is offering financing!
It is becoming harder and harder to find something walking distance to the beach that most people would consider affordable.
We are featuring a small gated community in progress in Esterillos Oeste with two bedroom, one bathroom homes starting at only $105,000. The homes include A/C, all wood cabinetry, and the community is only 300 meters from the beach.
This is not a luxury community, but still has plenty of amenities and has good quality construction. The current association fees are only $30 per month. That covers the 24 hour security guards and up keep of the beautiful pool and community area.
The common area offers four covered rancho barbecue areas, a basketball court, and an abundance of green area to enjoy. People will ask, “Why so inexpensive”? There are several factors that come into play there. Keep in mind, the lots for these homes are not large, they are detached homes, with a small back yard and they are definitely a step up from condominium living.
The community is under development by a Tico owner and builder who only employ local laborers. They have been able to buy material in bulk, cutting their costs and it’s nice to see that the builder himself owns and lives in the community with his family. His philosophy has been to offer affordable homes to all buyers, Tico as well as foreigners, and thus the costs are low, and there is a great mix of everyone in the community.
There are only four lots still available, and several recently finished homes available. There are several currently under construction available also. As an example of other homes available, there is a two bedroom two bath model starting at only $124,000 and a three bedroom, two bathroom model starting at $148K.
You will not find anything near the beach in this price range. One of the best deals in the community is a 3br 2ba home with a back terrace. The home is partially furnished including refrigerator, stove, and washer and dryer for only $165K. The home is located on an end lot with a lot of open space.
The developer is offering owner financing on even the least expensive homes. With only about 20% down, they will finance for 15 years on a fixed rate. So financing is an option as well. This is a great opportunity to own a great vacation or future retirement home, or even for investment.
If you are not familiar with Esterillos Oeste, it is one of the great little hidden gems of the Central Pacific. Esterillos is still a simple fishing village where you can buy fresh fish every day right off the boats as they come in with their morning catch, but Esterillos offers many other amenities most beach communities do not have.
There are a wide variety of small sodas, bars and restaurants throughout the town, with several looking right out on the beach. The community will soon be offering a new pharmacy and a new deli as well.
The beach in Esterillos Oeste is one where you can literally walk for miles in both directions. Home of the famous mermaid statue, the west end of the beach offers unique lava rock formations and an abundance of tide pools. It is one of the best areas along the coast to enjoy a long walk on the beach and collecting of shells.
There is a flock of about 60 scarlet macaws that call Esterillos Oeste home. There is rarely a day goes by that you will not be able to enjoy these beautiful creatures.
In another location, we also have a two bedroom, two bathroom home in Bejuco for sale, partially furnished on a nice lot with a large back yard. The price for this home is only $152,000.
Whether it’s a vacation, future retirement home or simply an investment, there are property management services available for caretaking and rental management. Don’t miss out on one of the last, truly affordable opportunities to be in one of the best beach communities in all of Costa Rica.
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