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Retirement Property with Pool and Sauna- with 7 Streams of Yearly Rental Income

Olón, Manglaralto, Santa Elena, Santa Elena, Ecuador

Basic Listing Information

Price
$580,000
Listing ID
CS2200013
Property Type
Mixed Use Building
Listing Type
Commercial Sale
Status
Active
Images
57
Beds/Baths
7/7
Beds
7
Baths
7
Location Type
Oceanfront
View Type
Beach View, Ocean View
Total Lot Size
600.00 m² (6,458.32 sq ft)
Total Interior Area
600.00 m² (6,458.32 sq ft)

Listing Images

This is an incredible deal and pictures just won’t do it justice!! Talk about “location, location, location”, a fully turn-key commercial beachfront property located in the most popular beach town in Ecuador: Olon. This corner property has triple access points (side door/s and beachfront door) with several income producing, newly built structures: 1. Brand new beachfront two-bedroom apartment with front and back entrance. This apartment used to be a well-known sushi restaurant in Olon. The converted apartment has large windows facing the beach and town, large living room, coffee/reading corner, large and brand new kitchen, A.C. units brand new bathrooms with modern tiles and more. This apartment is on the beach side of the property and located on the second floor which makes for spectacular views of the beach and sunset. The apartment is 120m2. 2. Separate large house. This house has three bedrooms, two bathrooms. It is fully furnished with all amenities, kitchen, living room and A.C. units. Brand new construction which the owner has successfully been renting out on Airbnb and MLS Ecuador. The house has its own BBQ grill, covered patio which is perfect for hammocks, tables, social area etc. The house is fenced (with bamboo) and even has its own parking space! It is 180m2. 3. Back suite. This suite used to be a caretaker’s suite but has been beautifully converted into living space. It is located towards the back of the property, fully fenced and has its own entrance (side door.) The suite includes covered parking and is 100m2 in size. 4. Beachfront suite. The newly built beachfront suite is 30m2 in size and has a brand new kitchen and bathroom! Modern finishing’s and perfect to promote on Airbnb. Great income producing potential. 5. Corner ice cream shop on ground floor. The ice cream parlor is ideally located on the corner of the block right before cars and pedestrians turn to the beach. The shop can be kept as is or converted into a different kind of business. Size: 10m2. 6. Massage/spa is located on the side street just half a block from the beach. The business is about 20m2. This property comes with a large and covered Swimming Pool! The pool area also has a kiddie pool, Jacuzzi, sauna room, dressing rooms, bathrooms and pool room (where the pump and equipment is). The total size of this area is 200m2. The property has its electrical and water meters, garden space (with lounge chairs, perfect for sunbathing or relaxing!), cistern, water tank and 2 septic tanks! The property has a legal title meaning it’s privately owned and papers can be easily made ready for closing! Go for it!!

See what the agent says about this listing (original title and description):

Retirement Property with Pool and Sauna- with 7 Streams of Yearly Rental Income

This is an incredible deal and pictures just won’t do it justice!! Talk about “location, location, location”, a fully turn-key commercial beachfront property located in the most popular beach town in Ecuador: Olon. This corner property has triple access points (side door/s and beachfront door) with several income producing, newly built structures: 1. Brand new beachfront two-bedroom apartment with front and back entrance. This apartment used to be a well-known sushi restaurant in Olon. The converted apartment has large windows facing the beach and town, large living room, coffee/reading corner, large and brand new kitchen, A.C. units brand new bathrooms with modern tiles and more. This apartment is on the beach side of the property and located on the second floor which makes for spectacular views of the beach and sunset. The apartment is 120m2. 2. Separate large house. This house has three bedrooms, two bathrooms. It is fully furnished with all amenities, kitchen, living room and A.C. units. Brand new construction which the owner has successfully been renting out on Airbnb and MLS Ecuador. The house has its own BBQ grill, covered patio which is perfect for hammocks, tables, social area etc. The house is fenced (with bamboo) and even has its own parking space! It is 180m2. 3. Back suite. This suite used to be a caretaker’s suite but has been beautifully converted into living space. It is located towards the back of the property, fully fenced and has its own entrance (side door.) The suite includes covered parking and is 100m2 in size. 4. Beachfront suite. The newly built beachfront suite is 30m2 in size and has a brand new kitchen and bathroom! Modern finishing’s and perfect to promote on Airbnb. Great income producing potential. 5. Corner ice cream shop on ground floor. The ice cream parlor is ideally located on the corner of the block right before cars and pedestrians turn to the beach. The shop can be kept as is or converted into a different kind of business. Size: 10m2. 6. Massage/spa is located on the side street just half a block from the beach. The business is about 20m2. This property comes with a large and covered Swimming Pool! The pool area also has a kiddie pool, Jacuzzi, sauna room, dressing rooms, bathrooms and pool room (where the pump and equipment is). The total size of this area is 200m2. The property has its electrical and water meters, garden space (with lounge chairs, perfect for sunbathing or relaxing!), cistern, water tank and 2 septic tanks! The property has a legal title meaning it’s privately owned and papers can be easily made ready for closing! Go for it!!
Details
Number of Bedrooms 7
Number of Full Bathrooms 7
Total Interior Area 600.00 m² (6,458.32 sq ft)
Total Lot Size 600.00 m² (6,458.32 sq ft)
Number of Stories 2
Roof Type Metal
Floor Covering Tile
Construction Type Concrete Block
Construction Status Completed
Year Built 2018
Appliances Included Oven, Refrigerator, Stove, Stove Hood, Washing Machine
Air Condition Type Split Air Conditioner
Furnished Type Fully
Pool Yes
Jacuzzi Yes
Parking Type Carport
Number of Parking Spaces 2
Geography
Location Olón, Manglaralto, Santa Elena, Santa Elena, Ecuador
Country Ecuador
State Santa Elena
County Santa Elena
District Manglaralto
City/Town Olón
Location Type Oceanfront
Geographic Type Coast
View Type Beach View, Ocean View
Features
Interior Features Included Bar, Marble/Granite Countertop, Natural Wood Finishing, Sliding Glass Doors, Washer/Dryer Hookup, Water Heater
Exterior Features Included Covered Patio, Outside Seating-Area, Paved Driveway, Sprinkler/Irrigation System, Storage Closet, Water Faucets
Security Features Perimeter Fencing
Infrastructure
Street Access Type Paved Road
Type of Water City Water
Type of Electricity Public
Type of Sewer Septic
Type of Internet Cable Internet, DSL Internet
Type of Television Cable Television, Satellite Television
Financial/Legal
Price per Air-Conditionable Living Area $966.67/m2 ($89.81/sqft)
Price per Square Meter $966.67/m2 ($89.81/sqft)
List Price $580,000
Ownership Type Escritura Public

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Agent Information
Deb Anderson
Deb Anderson

Deb Anderson

intiluzmail@gmail.com

Inti Luz Properties

Phone:
+593 98 971 9221
Office Phone:
+593 99 588 9132
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