Multi-Unit Ocean View Building in Town in San Juan Del Sur, Nicaragua

USD $239,000

50 m2
1496 sq ft
Property ID 1931

Multi-Unit Ocean View Building in Town

Reduced to $239,000 USD from $349,000 USD!

This Multi-Unit Ocean View Building in Town is a turnkey profitable business with 3 revenue streams. Multi-unit properties are an investor’s dream to maximize profits via multiple revenue streams. Located 2 blocks from the beach of San Juan del Sur on the northern side of town, this property has 3 completely independent studio apartments, 2 of which have ocean views and private balconies, that can be rented as desired with no restrictions.

Multi-unit properties are very rare in San Juan del Sur, especially in town. This unique 3 story property checks all the boxes for an excellent income producing property. Each independent studio apartment measures approximately 500 sq ft, providing ample space for short-term and long-term renters. The property is located in-town, allowing tenants to walk to the nearby amenities of bars, restaurants, shops, actives, while eliminating the necessity to rent a vehicle. An added bonus for the building is the roof top deck that has strong unobstructed ocean views and a dipping pool for hard to forget sunset parties!

The property was completely remodeled in 2017 and comes fully furnished with everything a renter needs: top of the line appliances, TVs, comfortable beds, etc. The property is truly turnkey!

With a proven rental track record, this 3 story ocean view multi-unit property is an excellent opportunity for an investor looking to expand or get into the San Juan del Sur market for long-term appreciation and short-term residual rental income.

The owner of the property has lowered the price to $239,000 USD from $349,000 USD for a quick sale!


Property Features

Air Conditioning
Bay View
Ceiling Fans
Hot Water
Mountain View
Valley View
Walking Distance to San Juan Del Sur
Water at lot line

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