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Coco Cabañas, a Beachfront Property with Investment Potential in Playa El Coco

$ 600,000
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Overview

  • Updated On:
  • March 19, 2024
  • 12 Bedrooms
  • 10 Bathrooms
  • 400 m2

Description

This extensive property consists of 2 lots located in Playa El Coco.

The first lot (813.83sqm) has a rustic house that stands out for its characteristic wooden structure and is right in front of the sea. It is furnished with traditional beach house furniture, creating an air of relaxed simplicity. With 3 bedrooms, each with its bathroom, providing privacy for all. The kitchen is suitable for casual dining and the central social area serves as the heart of the home, perfect for entertaining or enjoying serene beachfront living.

The ranch-style bar in front of the beach is the cherry on top of this beautiful property. It’s the perfect place to hang out with friends or family, enjoy a drink and soak in the breathtaking views of the ocean. With parking space for up to six vehicles, this property suits either a large family or a group of friends.

The other lot (883sqm) presents an excellent investment opportunity in rental real estate. Located on the opposite side of the road just behind the first property. This lot houses four charming wooden-styled cottages that are ready to generate income.

Each cottage exudes warmth, comfort, and a distinct character, with open layouts, comfortable bedrooms and living spaces, and homely kitchens. Hardwood floors lend a contemporary touch, while the windows imbue these homes with natural light.

Additionally, there are two staff cottages that hold the potential for conversion into another rental units. It currently features all the essentials, including a bathroom, kitchenette, and exterior living space. With a bit of renovation, it can be transformed into a comfortable apartment, instantly amplifying the rental potential of the lot.

Overall, this property holds great potential for anyone looking to invest in rental real estate. Whether you are an investor seeking fruitful ventures or someone who wants to venture into the world of property management, this real estate could pave the way for your success. Guaranteed to generate steady rental income, this lot presents a wise and favorable investment.

Additional Information

  • 2 double cottages with two bedrooms, shared bathroom and air conditioning.
  • 2 simple cottages with one bedroom, one bathroom and air conditioning.
  • 1 service cottage with 2 rooms, one large and one small, with fans.
  • 1 caretaker cottage built above the well that distributes water to both properties.
  • 1 water well
Address: Playa El Coco
State/County:
Country: Nicaragua
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Property Id : 61209
Price: $ 600,000
Property Size: 400 m2
Property Lot Size: 1,697 m2
Bedrooms: 12
Bathrooms: 10
Other Features
Air Conditioning
Back yard
Beach front
Caretakers House
Electricity
Furnished
Hot Water
Near Beach
Ocean view
Parking
Water System
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