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.

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