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Cabo Velas
Palm Beach Estates, Cabo Velas, 50308

Palm Beach Estates, Cabo Velas, 50308

$449,000

2 Beds
2 Bath
120 Sqft
Residential Property Type
2004 Year Built
Active Status

INFO SCR

info@summercoastrealty.com

Contact To INFO SCR

Property Description

THE PROPERTY Casa Luminaka offers a rare opportunity to own a charming beach home in Palm Beach Estates—one of Playa Grande’s most desirable coastal neighborhoods—at an exceptionally attractive price of $449, 000. Located only 500 meters from the beach, this approximately 120 m² (1, 292 sq. ft.) bungalow features two comfortable bedrooms, two full bathrooms, and a relaxed tropical design that perfectly complements the Playa Grande lifestyle. High cathedral ceilings and oversized windows fill the interior with natural light, creating an open and airy atmosphere throughout the home. Double doors open onto a spacious covered terrace overlooking the lush tropical gardens—an inviting setting for outdoor dining, morning coffee, or relaxing after a day at the beach. Both bedrooms feature king-size beds, ample storage, ceiling fans, and individual air-conditioning units. Having two complete bathrooms is an especially valuable feature among the surrounding bungalows, providing added privacy and convenience for owners and guests. Casa Luminaka sits on a 160 m² lot within an intimate collection of only six bungalows arranged around a beautifully landscaped common area and swimming pool. Tropical fruit trees, colorful birds, iguanas, and occasional howler monkeys create the peaceful natural setting for which Palm Beach Estates is known. From the property, you can walk to Playa Grande’s world-class surf and spectacular sunsets in less than five minutes. Excellent restaurants and cafés are also nearby, while the Tamarindo Estuary water taxi provides an easy and memorable connection to the shops, dining, and energy of Tamarindo. Already established as a successful vacation rental with outstanding guest reviews, Casa Luminaka is equally well suited as a full-time residence, low-maintenance beach retreat, or income-producing investment property. With its walk-to-the-beach location, community pool, two-bedroom, two-bathroom layout, and highly competitive $449, 000 asking price, Casa Luminaka occupies a category of its own in today’s Playa Grande market.

Basic Details