Welcome to Nicovale, a rare turnkey investment opportunity in the heart of San Juan del Sur. This thriving residential hotel, boasting 11 fully furnished rental units, offers an established income stream. Ideally located just a 5-minute walk from the vibrant town center, the property provides both convenience and tranquility, nestled among the picturesque hills with stunning ocean views.

With a total of 20 bedrooms and 15 bathrooms, Nicovale accommodates various layouts, ranging from 1 to 3 bedrooms per unit. Six of the units come equipped with air conditioning, while the remaining five have fans, with the potential for easy upgrades to A/C. The property’s paved concrete parking lot offers space for 14 vehicles, and it includes additional amenities such as a caretaker’s workshop, a laundry room, and dedicated worker areas.

Beyond the current rental units, there is ample room to expand, offering the potential to develop more units and further increase revenue. Nicovale is fully set up for business operations with fiber optic internet and two 25,500-liter water tanks for reliable backup supply. The secure, gated community provides peace of mind with 24/7 security, making it an attractive destination for both short-term and long-term tenants.

This unique property comes fully equipped with furniture, A/C units, and all essentials, offering an ideal turnkey investment. With its prime city center location, breathtaking bay views, and endless opportunities for further development, Nicovale is an exceptional prospect for those looking to invest in the vibrant and rapidly growing market of San Juan del Sur.

Don’t miss out on this opportunity to own a fully operational, income-generating residence with vast potential for future growth.

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