Massive beachfront hostel for sale!

  • $529,000
San Juan del Sur, Town of San Juan del Sur, San Juan del Sur
New Listing beachfront

Massive beachfront hostel for sale!

San Juan del Sur, Town of San Juan del Sur, San Juan del Sur
  • $529,000

Description

Once in a Generation…

Priceless Beachfront Malecon Property, San Juan del Sur! Unobstructed beachfront, a priceless location, an oversized street to street lot, beautiful ocean view, currently operated as a highly rated hostal. One of the most visible and popular locations in all of Nicaragua. By address and size alone, a once in a generation property with timeless value.

As is, the property features 1278 m2 (one-third acre) of land, 13 bedrooms with private bathrooms, a caretakers house, garage, and a restaurant. All of that aside, the true value is in the land.

From the back of the property, walk two blocks to parque central, three blocks to the central market, and be within walking distance to the stores and services of town. From the front door, step out to the Riviera of San Juan del Sur beach and bay, benefit from the forthcoming Malecon (boardwalk) improvements, and enjoy the free exposure to thousands of tourists annually.

The highly rated hostal is ready to assume, but the highest and best use would be a mixed commercial development. This property is so large, the options are limitless. Imagine what San Juan del Sur needs – a retail plaza anchored by a fashionable restaurant or café, with retail and commercial on the interior, condo or townhomes in back and an upscale ocean view hotel. Take advantage of the prime real estate exposure to provide services and retail at the front, and professional services at back. Although it is at one of the busiest locations in San Juan del Sur, the interior is beautifully shaded by large trees, and the backside is a quiet residential street.

About San Juan del Sur

Location

  • Area Town of San Juan del Sur
  • Region San Juan del Sur
  • Community San Juan del Sur

Details

Updated on May 5, 2023 at 5:22 pm
  • Property ID: RCP35306
  • Price: $529,000
  • Property Size: 1278 m²
  • Land Area: 1278 m²
  • Beds: 13
  • Baths: 13
  • Garage: 1
  • Property Type: Oceanfront, Commercial
  • Property Status: New Listing

Overview

Property ID: RCP35306
  • Oceanfront, Commercial
  • Property Type
  • 13
  • Beds
  • 13
  • Baths
  • 1278
  • 1278
  • Land m²
  • 1
  • Garage

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Jesse ‘Pedro’ Resau
  • Jesse ‘Pedro’ Resau