Turnkey Investment Opportunity: Ocean View Residential Hotel in the Heart of San Juan del Sur with Expansion Potential
San Juan del Sur, Rivas, 48600, Nicaragua, City Center South Hills, San Juan del Sur, Nicaragua
€1,700,000
Overview
21
Bedrooms
15
Bathrooms
1
Garage
10000
sqft
2009
Year Built
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.