Overview
- Updated On:
- December 6, 2023
- 4 Bedrooms
- 4 Bathrooms
Description
Conveniently located within walking distance to the bay of San Juan del Sur and surrounded by a growing tourism industry, this apartment complex offers a prime investment opportunity in the heart of the city. With three apartment units, including two one-bedroom units (40sqm) and a two-bedroom unit (80sqm), all fully furnished and equipped, this property allows for immediate rental income.
The complex has recently undergone renovations, ensuring a low-maintenance property for investors. Each unit is separately metered for water and electricity, further reducing the burden of maintenance costs.
The continuous growth of tourism in the area, combined with the construction of the coastal highway along the Pacific Coast of Nicaragua, is expected to attract even more tourists to San Juan del Sur. This will create excellent investment opportunities and rental demand for the apartment units.
Furthermore, the complex’s proximity to San Juan del Sur bay offers stunning ocean views and easy access to the vibrant city center. Residents can enjoy a wide range of amenities, including restaurants, bars, shopping stores, supermarkets, boat trips, and pickleball courts, all within walking distance. Additionally, the world-famous surfing beaches of Playa Maderas, Playa Remanso, and Playa Yankee are just a short drive away, making this location even more appealing to renters.
Overall, this fully occupied, ocean view multi-family investment opportunity in San Juan del Sur offers not only immediate rental income but also significant value-add potential. With monthly rents consistently rising in the multifamily submarket, investors can expect a strong return on their investment in this high-demand area. Whether looking for a passive income generator or a long-term real estate investment, this apartment complex presents an enticing opportunity in an already thriving market.
