SERENA SUITES CONDOMINIUM DEVELOPMENT

 

PROPERTY FOR SALE OR RENT

$10,000 REBATE UNTIL NOVEMBER

2 Beds Beach Condo For Sale in Ocotal, Guanacaste Costa Rica just $139,500. We will look at offers on that price. Now $129,500

 

Serena Suites is a beautiful three-story condominium community nestled in the valley between Playa del Coco and Playa Ocotal on Costa Rica’s northwest coast, only 20 minutes from Daniel Oduber international airport at Liberia. Most major North American and some European airlines have direct flights to Liberia.

 

 

 

 


The Serena Suites lifestyle lets buyers enjoy a swim or Jacuzzi in the sculptured pool in their own gardens, drive two minutes (1.1 km or 0.7 mi) to enjoy the sandy beach at Playa del Coco, where small fishing boats bob in the bay and local fisherman can provide the freshest of seafood, or 3 minutes in the other direction (1.3 km or 0.8 mi) people can swim, snorkel and picnic at sandy Playa Ocotal, or dine in a good restaurant on the beach. The road that passes in front of Serena Suites ends here, so there is only local traffic.

 

 

Serena Suites condominiums have two bedrooms, two bathrooms, laundry, a spacious kitchen with impressive cabinetry adjoining the dining/living area and good-sized patios or balconies that are perfect for entertaining friends and family. Large windows let in lots of natural light, making the units feel even bigger. Each air-conditioned unit has between 83 and 98 square meters, or 893 to 1,054 square feet of comfortable living space. There are 36 completed condominiums, of which 18 are sold. In addition there is 13,695 M2 of sloping land with building sites levelled and full permits for the construction of an addition 60 condominiums, each of which will have a beautiful valley view.

 

The town of Playa del Coco is 5 minutes from Serena Suites. It has four large supermarkets, banks, restaurants, bars, building supplies, pharmacies, clinics and many other services in a small town setting. Many shop employees speak English. The main street ends at the long sandy beach.

 

 

This area has become one of the hottest vacation destinations in Costa Rica, due to its proximity to an international airport, gold coast beaches, the nightlife of El Coco, Hermosa and Panama and easy access to the things that make Costa Rica great! Within a few minutes drive you have sport fishing, snorkelling, scuba diving, swimming, a golf course, canopy tours, volcanoes, national parks, abundant wild life, fantastic surfing and best of all the friendly, welcoming people of Costa Rica. High demand in the area means high returns for those putting their condos into the rental pool.

 
  • A spacious 2 BR, 2 bathroom condo with balcony in a quiet, lush, flowered tropic setting
  • A swimming pool, waterfall and 14 jet Jacuzzi
  • No long drive on arrival, only 20 minutes to Daniel Oduber international airport
  • Great 18 hole golf course only 15 minutes away in Sardinal
  • Sandy beaches with year around warm water a couple of minutes away in either direction
  • Good scuba diving and snorkelling with a variety of dive shops
  • World class fishing a couple of minutes in either direction
  • Bird watching – almost 1,000 species in Costa Rica
  • Watch other wildlife including monkeys throughout the area
  • A town with four large supermarkets and most other services 5 minutes away
  • A new first class private hospital now under construction 15 minutes away
  • Great restaurants, pubs and night spots a few minutes away
  • Other beach towns with restaurants and sand beaches within a 15-minute drive
  • Low taxes
  • Reasonable condominium fees
  • High speed internet connection
  • 24 hour security guards
  • Great neighbours

Monthly homeowner's fees are $156, plus $20 property tax, $12.50 insurance and $20 for the reserve fund for a total of $208.50. The reserve funds for insurance, taxes and maintenance are all in good shape. The next HOA year starts October 1 and we do not anticipate any need to increase fees.

 
There are 13,695 sq. meters. of valley view property with 3 terraced spaces for an additional 60 condominiums of 85 sq. meters each. Building permits and environmental permits are already in place and approved for these 60 units.
 
Casa Canada will carry financing of 70% on a 3-year term, 10-year amortization with interest at 6% per annual. There is no penalty or bonus for large payments or early pay out - interest is on the outstanding balance each month