Multi-Unit Ocean View Building in Town - Invest Nicaragua

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

USD $239,000
Reduced from USD $349,000 (Discounted 31.52%)

50 m2
1496 sq ft
Property ID 1931

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

Multi-unit properties are scarce 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. A bonus for the building is the rooftop deck with unobstructed solid 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 three-story ocean-view multi-unit property is an excellent opportunity for an investor looking to expand or enter the San Juan del Sur market for long-term appreciation and short-term residual rental income.

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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