Luxury Triplex with Volcano Views & High Rental Income – Waterfall Road, 5 min to La Fortuna

Located just five minutes from downtown La Fortuna, this unique three-unit property is perfect for investors, Airbnb hosts, or anyone looking to live in paradise while generating strong rental income. Set in one of the town’s most desirable and upscale neighborhoods, this fully furnished triplex offers unmatched views of Arenal Volcano from every unit.

The land measures 328 m², with 360 m² of construction spread across three independent units. Each home includes air conditioning, a private jacuzzi, and modern finishes. The two downstairs units are ready to rent or move into. The upstairs penthouse is currently under construction and will be fully completed and furnished before the sale closes.

Property Features:

• 3 independent units (Large Penthouse upstairs and 2 apartments downstairs)
• Air conditioning in every unit
• Shared 6m x 3m pool
• Quiet, high-end neighborhood with shops, restaurants, and tourist amenities nearby
• Volcano view from every part of the property
• All units come fully furnished and turn-key

Unit Breakdown:

Penthouse (Upper Level – will be completed before closing):

• 170 m2 / 1,800 ft2
• 3 bedrooms, 2 bathrooms
• Two private entrances
• Spacious open kitchen and living area
• Master bedroom with Ensuite bathroom and balcony
• Large covered terrace with volcano view
• Separate full-size laundry room

Apartment 1 (Ground Floor):

• 75 m2 / 800 ft2
• 2 bedrooms, 1 bathroom
• Open-plan kitchen and living area
• Outdoor lounge space with private jacuzzi
• Separate laundry area

Apartment 2 – Studio (Ground Floor):

• 55 m2 / 600 ft2
• Large open studio layout
• Full kitchen, bathroom, and living space
• Private patio with jacuzzi
• Laundry area

Income Potential:

This property has already proven its value as a high-income rental. Tabacón Hot Springs, one of Costa Rica’s most luxurious resorts, has rented the 2 ground-floor apartments for $4,000/month during high season and is open to continuing that agreement.

Thanks to its prime location, upscale amenities, and beautiful volcano views, the triplex performs well on Airbnb and would continue to do so for any new owner.

Asking Price: $395,000 USD

There is an existing Costa Rican mortgage of approximately $94,000 USD (₡47 million colones), with monthly payments of about $1,060 USD (₡530,000 colones).

This financing can be inherited by the buyer, and with just one unit rented, it’s possible to fully cover the loan payments with income alone

This is an ideal setup for anyone looking to live in one unit and rent the others, or simply generate solid returns from all three. Opportunities like this in La Fortuna, especially in such a desirable neighborhood, are hard to find.