Rehab Project In the Heart of Rivas

USD $70,000
2
2
400 m2
Property ID 695

Built with the traditional “Taquezal” building technique this property is located in the heart of the department capital in Rivas. 10 minutes from the port of San Jorge (where all boats to and from the Island of Ometepe dock), 30 minutes from San Juan del Sur, 45 minutes from tola, and 45 minutes from the border of Costa Rica – everyone traveling to and from the most popular tourist destinations in Nicaragua go through Rivas. 2 minutes off the Pan American Highway, this property is a great opportunity for an investor looking to be in the middle of the connecting city between Tola, The Island of Ometepe, San Juan del Sur & Costa Rica. This property is surrounded by restaurants, hotels, local banks, and a variety of clothing stores. There is heavy traffic from the 30,000 habitants who live in the urban area in addition to the tens of thousands of vehicles that travel through Rivas every year on the Pan American Highway.

There is huge commercial potential for a boutique hotel or restaurant to cater to the growing tourist base looking to explore the “real” Nicaragua on their way to or from San Juan del Sur. It is also an opportunity to restore a historical property into a beautiful home with colonial style elevated ceilings, large open living areas, and a courtyard with an abundance of natural light. With development booming on the Island of Ometepe, Tola, and San Juan del Sur, Rivas is poised to ride the wave of growth as a hub for professional services and base for tourist, developers, contractors, and investors.


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