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$220,000 USD Investment in Ojochal

Investment Opportunity in Ojochal – Puntarenas Province

Investment in Ojochal

Invest: $220,000
Earn 18% interest per year!

 

That’s $3,300 USD per month
or $39,600 USD per year!

 

Over a 3-year term
is $118,800 USD in Profits!

 

 

Loan Details:

Amount Requested:          $220,000 USD
Gap’s Valuation:                 $350,000 USD
Loan-to-Value Ratio:         62.8%

Term Length:                     36 Months
Interest Rate:                     18%

Land Area:                         4,632 m2
Construction Area:           157m2 + 83m2 Rancho
Location:                            Wonderful nature views

 

General Information:

  • *Currently undergoing a default as of the 28th of August (the owner financing term has run out, and the seller wishes to use the funds to purchase a new property themselves)
  • 2 bedroom / 2 bathroom
  • $200,000 USD in land / $175,000 USD in construction
  • Large Rancho and Pool
  • Currently making approx. $5,000 USD monthly out of the property as a daycare

 

Area Information:

Investing in Ojochal, Costa Rica, offers several compelling benefits. Here’s a list of reasons why it’s a great idea:

  1. Natural Beauty: Ojochal is surrounded by lush rainforests, pristine beaches, and abundant wildlife, making it a desirable location for nature lovers and eco-tourism.
  2. Growing Expat Community: The area has a well-established and growing community of expatriates, creating a demand for real estate, services, and businesses that cater to this demographic.
  3. Tourism Potential: Ojochal is increasingly popular with tourists seeking a more tranquil and authentic Costa Rican experience, leading to opportunities in hospitality and tourism-related investments.
  4. Diverse Real Estate Opportunities: The region offers a variety of real estate options, from luxury villas to eco-friendly homes, allowing investors to cater to different markets and preferences.
  5. Strategic Location: Located near the Costa Ballena and Marino Ballena National Park, Ojochal is well-positioned to benefit from the tourism influx to these popular destinations.
  6. Culinary Hub: Ojochal is known as the “culinary capital” of Costa Rica’s Southern Zone, attracting food enthusiasts and supporting a thriving restaurant scene.
  7. Stable Investment Climate: Costa Rica’s stable political environment, democratic government, and commitment to sustainable development provide a secure setting for investments.
  8. High Quality of Life: The area offers a relaxed lifestyle, low crime rate, and a welcoming community, making it an attractive place to live and invest.
  9. Infrastructure Development: Ongoing infrastructure improvements, such as better roads and utilities, are enhancing the area’s accessibility and attractiveness to investors.
  10. Sustainability Focus: Ojochal’s commitment to environmental conservation and sustainable development aligns with global trends, attracting eco-conscious investors and tourists.
  11. Proximity to Other Attractions: Ojochal is close to other popular destinations like Dominical, Uvita, and the Osa Peninsula, offering additional opportunities for tourism and investment.
  12. Health and Wellness Appeal: The area’s natural environment, fresh air, and access to outdoor activities promote a healthy lifestyle, attracting health-conscious individuals and businesses.
  13. Affordable Cost of Living: Compared to other regions in Costa Rica, Ojochal offers a more affordable cost of living, making it an attractive option for retirees and expatriates.
  14. Cultural Richness: The town’s diverse community, combined with local traditions and a vibrant arts scene, adds to its appeal as a culturally rich destination.
  15. Strong Economic Growth: Costa Rica’s overall economic growth, particularly in the tourism and real estate sectors, supports a robust investment environment in Ojochal.

Investing in Ojochal, Costa Rica, offers a unique blend of natural beauty, a growing expat community, and strong economic potential, making it an attractive choice for investors.

 

Loan Purpose:

The borrower is seeking a mortgage loan to refinance the current loan of $180,000 USD (the owner financing term has run out, and the seller wishes to use the funds to purchase a new property themselves) and invest the remainder of the loan into the foreclosure costs.

 

Conclusion:

Money lending is a fast-moving business, and lenders need to make quick decisions. Borrowers may have already applied to other lending companies, so we try to close loans as quickly as possible.

By investing in loans provided by Gap Investments, you could grow your investment portfolio with safe, consistent monthly returns.

 

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Article by Glenn Tellier (Founder of CRIE and Grupo Gap)

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