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
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)

Contact Information

Deb Anderson
Deb Anderson
Agency
Inti Luz Properties
Agent
Deb Anderson
Phone
+593 98 971 9221
Office Phone
+593 99 588 9132
Email
deb.intiluz@gmail.com
Website
http://www.ecuadorcoastproperties.com

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

Listing Images