Monarch Condos 11 and 12

Located in the hills of Playa Panama, with views of the Papagayo Bay, Monarch Resort offers an ecological retreat for tourists who want a tranquil setting in one of Guanacaste’s most exclusive beaches. The development offers walking paths to the beach, a nature conservancy, flowering trees to attract hummingbirds and butterflies, families of monkeys and an impressive variety of birds. Also available... more at Monarch Resort is a community pool, four star restaurant and property management services. To maintain the serenity of the community, a 24 hour golf cart service is available for guests to get from their condo to the parking lot.

For the investor, this is one of the rare opportunities where a condo with both ocean views and walking distance to the beach can be purchased for under $200,000. Each of these 690 square foot designated four star hotel-condo units are fully furnished, with one large bedroom, bathroom, dressing area, living/kitchen area and attached balcony.

Phase One is currently sold out. Villas #11 and #12 are available for $179,000 each. These units are connected with a double lock door, so that they can be rented together or separately. With neighbors such as Four Seasons, Grand Papagayo and Allegro Papagayo, this is a smart buy for the savvy investor. www.coldwellbankercr.com