This is a commercial property located just a few meters from the beach in downtown San Juan del Sur. The property features four bedrooms, each with its own bathroom and air conditioning, a kitchen, a restaurant with a toilet and air conditioning, and a service bedroom with its own bathroom. The land area of the property is 585 square meters (700 square yards or 1/8 acre), which allows for the construction of a three-story building with potentially stunning sea views.
While the current commercial establishment may not be relevant to the chosen segment, the property's prime location offers numerous opportunities for those looking to start a hotel business. However, it's worth noting that the area can be quite lively and busy, and downtown San Juan del Sur can become saturated with tourists.
In addition to the property's excellent location just steps from the beach in San Juan del Sur, it's worth noting that the area is often considered the "French Saint Tropez" and is the tourism capital of Nicaragua. This means that any business in this location has the potential to be very successful, whether it be a retail business or a food park, which are quite popular in Managua.
Furthermore, the property's potential for development is particularly interesting and profitable, as the municipality has granted building permits for a three-story building. This means that the new owner has the opportunity to take advantage of the property's prime location and the growing tourism industry in San Juan del Sur to create a thriving business.