Beach Road Hostel - $529k
Thirteen bedrooms
Thirteen bathrooms
1278 square meter / third of an acre lot
Asking: $529,000
Unobstructed beachfront, a priceless location, a large street-to-street lot, stunning ocean views, and now operating as a hostel. One of Nicaragua's most visible and popular destinations. An excellent value by location and lot size.
The property has 1278 m2 (one-third acre) of land, 13 bedrooms with private bathrooms, a caretaker's home, a garage, and a restaurant.
Within walking distance of the town's stores and services. Step out the front door to the San Juan del Sur beach and bay, profit from the upcoming Malecon (boardwalk) upgrades, and enjoy the free exposure to thousands of tourists each year.
This property has so many possibilities. Imagine a retail plaza centred by a trendy restaurant or café, with retail and commercial on the interior, condos or townhomes in the back, and an upscale ocean view hotel. Profit from the prime real estate exposure by offering services and shops in the front and professional services in the back. In one of San Juan del Sur's strongest neighbourhoods, the interior is pleasantly covered by enormous trees, and the backside is a calm residential street.
Asking: $529,000
Contact me today
Joel Stott-Jess
Cell / WhatsApp: (+505) 8176 8624
US Number: 1 786 753 8743
Skype: joelstottjess
Originally from Alberta, Canada he has been doing business in Nicaragua since 2014.
An investment consultant, serial entrepreneur, surfer, and outdoor enthusiast he is an expert on the real estate and business markets in Nicaragua. He also operates The Central Investor, a real estate and investment blog focused on the entire Central American region.
Thanks to his lovely Nicaraguan wife, a medical doctor, he is also well informed on health care services in the country.
