Rented
Pre-construction
SOLD

Multi-Unit Investment with Ocean View

Turnkey Property with 11 Independent Rental Units

USD$
Contact Us
$
No items found.

Overview

2500
26500
ft²
7000
1.73
acres
15
bedroom
bedrooms
13
bathroom
bathrooms
300m
bathroom
City Center
City Center
Ocean View
Ocean View
Exclusive Gated Neighborhood
Exclusive Gated Neighborhood
Water Tank
Water Tank
Security 24/7
Security 24/7
Within Walking Distance to the Beach
Within Walking Distance to the Beach

About this property:

Rare turnkey investment opportunity in the heart of San Juan del Sur. This thriving residential property, offering 11 fully furnished and independent rental units, boasts an established and nearly 100% occupancy rate. Ideally situated just a 5-minute walk from the vibrant town center, Nicovale combines convenience and tranquility, nestled among picturesque hills with stunning ocean views.

A Multi-Unit Property Designed for Independence
Nicovale is not just a rental property—it’s a highly efficient multi-unit investment. Each unit is designed for autonomy, with most already equipped with individual electric meters, making them nearly self-sufficient. This setup simplifies utility management and maximizes tenant independence. Additionally, the property offers the potential to install water meters for each unit, further enhancing operational efficiency and creating truly independent rental spaces.

Diverse Layouts with Expansion Opportunities
The property features a total of 20 bedrooms and 15 bathrooms, with unit layouts ranging from 1 to 3 bedrooms to suit a variety of tenant needs. Six of the units come with air conditioning, while the remaining five are equipped with fans but can be easily upgraded to A/C. The paved concrete parking lot accommodates 14 vehicles and includes amenities like a caretaker’s workshop, a laundry room, and worker areas. With ample room for expansion, Nicovale offers an exciting opportunity to develop additional units and further increase revenue streams.

Prime Location and High Demand
Situated in town, this multi-unit property benefits from proximity to San Juan del Sur’s vibrant center while offering the tranquility of hillside living. The prime location and breathtaking bay views make it a highly desirable destination for tenants, ensuring a near 100% occupancy rate. Nicovale attracts both short-term and long-term tenants, with the demand driven by its convenience, charm, and secure gated community.

Fully Operational and Business-Ready
Nicovale is fully set up for business operations, featuring fiber optic internet and two 25,500-liter water tanks for reliable backup supply. The property comes fully equipped with furniture, air conditioning units, and all essentials, allowing you to start generating income immediately. With its secure 24/7 community and thoughtfully designed units, this property is an excellent choice for investors seeking reliable and steady returns.

Endless Growth Potential
Beyond its current setup, Nicovale offers vast opportunities for further development. Expand the existing layout to include more units, or enhance amenities to increase rental income. This rare investment is a gateway to success in San Juan del Sur’s rapidly growing market.

Don’t miss this chance to own a fully operational, income-generating multi-unit property in a prime location. Nicovale is the perfect investment for those seeking stability, growth, and profitability in Nicaragua’s dynamic real estate market.

Video

Contact
Multi-Unit Investment with Ocean View - $Contact Us
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form...

Interested in this property?

Bastien Mahé
Your Agent

Similar properties

Pre-construction
Casa Blanca-Multi unit
Making incomes | Swimming pool
Las Delicias - San Juan del Sur
$
325,000
$
350,000
6
bd
Map link logo
6400
ft²
3000
Map link logo
0.75
 acres
Las Delicias - San Juan del Sur
Feb 19, 2025 15:26
+ $350k
Pre-construction
Prime Development Land: Coastal Opportunity
10.5 Acres Between Two Beach
San Juan del Sur
$
1,100,000
$
bd
Map link logo
ft²
42
Map link logo
10.37
 acres
San Juan del Sur
Nov 29, 2024 11:02
+ $350k
Pre-construction
Exceptional Multi-Unit Property
7 Bedrooms, Pool, and Incredible Rental Potential
Playa San Juan del Sur
$
567,800
$
750,000
7
bd
Map link logo
3767
ft²
1000
Map link logo
0.25
 acres
Playa San Juan del Sur
Nov 2, 2024 14:37
+ $350k
Pre-construction
Town hotel restaurant
Good location | 9 hotels rooms | 2 bed house | Pool | Garden
Playa San Juan del Sur
$
650,000
$
11
bd
Map link logo
3400
ft²
800
Map link logo
0.16
 acres
Playa San Juan del Sur
Oct 16, 2024 17:51
+ $350k
Pre-construction
Malibu Deluxe Villa
Financing Option | Ocean View | House #3
Pacific Marlin
$
369,990
$
3
bd
Map link logo
3767
ft²
Map link logo
 acres
Pacific Marlin
Sep 20, 2024 10:44
+ $350k