Turnkey Investment Opportunity: Ocean View Residential Hotel in the Heart of San Juan del Sur with Expansion Potential
- $1,700,000

Turnkey Investment Opportunity: Ocean View Residential Hotel in the Heart of San Juan del Sur with Expansion Potential
- $1,700,000
Description
Welcome to Nicovale, an exceptional investment opportunity already generating rental income. Located in the city center of San Juan del Sur, this property offers easy access to all the amenities and attractions the town has to offer. With 11 units available, there is ample potential for rental revenue, averaging $66,000 USD per year.
Nicovale is a secure gated community, providing privacy and peace of mind with its perimeter wall and 24/7 security. Nestled among natural surroundings, many units offer stunning bay views. The homes feature a range of sizes and layouts, including options for 1-3 bedrooms and 1-2 bathrooms. While six units come with air conditioning, the remaining units have fans but can easily be converted to include air conditioning.
Accessible via paved roads, Nicovale is conveniently situated just a 5-minute walk from the town center. Perched on the hills south of the bay, it offers breathtaking views of the coastline. The property is equipped with two 25,500-liter water tanks for backup storage, and each home includes outdoor patios and parking.
Don’t miss out on this outstanding opportunity to invest in a rental property that is already generating income. With its central location and charming homes, Nicovale presents a unique and attractive investment prospect in the vibrant town of San Juan del Sur.
Address
Open on Google Maps-
Address: San Juan del Sur, Rivas, 48600, Nicaragua
-
City: San Juan del Sur
-
State/county: Rivas
-
Zip/Postal Code: 48600
-
Area: City Center South Hills
-
Country: Nicaragua
Details
Updated on October 18, 2024 at 4:45 pm-
Property ID 79317
-
Price $1,700,000
-
Property Size 10000 sqft
-
Land Area 76000 sqft
-
Bedrooms 21
-
Bathrooms 15
-
Garage 1
-
Year Built 2009