Vista Las Palmas

PROPERTY DESCRIPTION

Vista Las Palmas is located directly on the beachfront here in Jaco Beach. Vista Las Palmas is one of the premier beachfront residences in Costa Rica.  It was built with the intention as vacation homes but was well thought out in it’s design in catering to the full time resident.  The project is the tallest residential building in the country at 16 stories.  There is a total of 51 units that are mostly 3 bedroom 3.5 baths with a few clients that have done some customizations and upgrades.  All of the residences are distinct with custom furnishings, along with stainless steel appliances, granite counter tops, solid wood doors, and large spacious balconies.  The building central air that is controlled by a chiller system with individual room control.  The infinity edge swimming pool is elevated, so you can sit your lounge chair in the water while sun bathing and enjoy the oceanviews.   Vista Las Palmas has 100% back up power, which has been a hot item for poker players and day traders.  Every condo has an direct unobstructed ocean view.  This is one of the few pet friendly condo communities in Jaco.

FEATURES

Amazing Views from Vista Las Palmas in Jaco

Common area pool and gym.  Complete back up power, covered parking, storage units, direct beachfront access, on-site property management, and pet friendly.

EXPENSES

HOA is $700 per month, which includes 100% replacement cost insurance on the building so your investment is secure.  Also included in that fee is common area maintenance, water, security, garbage, pool, gym, USA Satelite TV.  Annual property taxes range from $1500-2000.

RENTAL POTENTIAL

There are only a handful of people that rent their units on a full time bases and they do very well.  Many owners do some of their owner marketing as well as well with a local rental/property management company to generate some additional rental income.  During the Green Season the rent runs around $300-400 per night in the High Season $400 to $550 per night.   These units also have a lock off system.  So you can rent it out as a suite, 1 bedroom, 2 bedroom, or 3 bedrooms.  You potentially could have 3 different rentals.

OUR OPINION

5 star property with excellent management.  How can you beat a place where the original developer continues to live full time.  This is the most upscale beachfront residence not in just Jaco but all of Costa Rica. The costs might be considered high, but in relation to other luxury properties like Los Suenos and others, Vista Las Palmas offers outstanding value for the buyer who’s looking for the best in beachfront luxury.

VISTA LAS PALMAS PRICING

Vista Las Palmas Real Estate Listings
Sales $550,000-800,000
Nightly Rates $300-600
Monthly Rates $2500-6000

Contact Us About This Property

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