Edificio Papá César: Investment Opportunity Just Blocks From The Beach
Salinas, Salinas, Santa Elena, Ecuador
Basic Listing Information
- Price
- $424,000
- Listing ID
- CS2200023
- Property Type
- Multi Family
- Listing Type
- Commercial Sale
- Status
- Active
- Images
- 15
- Beds/Baths
- 25/19
- Beds
- 25
- Baths
- 19
- Location Type
- Ocean-Vicinity
- View Type
- City View, Ocean View
- Total Lot Size
- 460.00 m² (4,951.38 sq ft)
- Total Interior Area
- 798.50 m² (8,594.95 sq ft)
REDUCED $126,000!! NOW ONLY $424,000!!
Salinas, located at the end of the Santa Elena Peninsula that constitutes mainland Ecuador’s westernmost post, is known for its beautiful beaches, warm and welcoming people, and near-perfect climate. It also enjoys shops, businesses, and activities on the beach and sea, such as deep sea fishing and whale watching tours. Consequently, it has become Ecuador’s most prominent coastal resort and is an important center for tourism, drawing people from all over Ecuador and the world! The area affords a popular and upscale beach lifestyle with two major yacht clubs, numerous beaches, and restaurants. It offers one of the best real estate investments markets in the country.
Located just a few blocks from Salinas beach, is the Edificio Papá César, a five-story condominium/apartment building. This is an excellent investment opportunity. Situated on a corner lot, the building consists of 8,595 square feet. The ground level is divided into six individual one-bedroom, one-bathroom, suites, each with its own entrance. A separate entrance to the interior staircase accesses the upper levels. The second, third, and fourth levels each boast two three-bedroom, two-bathroom condo/apartments. These three-bedroom apartments each have a balcony where sunsets and expansive views will attract renters. The Penthouse level has an exceptional one-bedroom, one-bathroom condo/apartment that has direct access to a large rooftop terrace. This roomy terrace boasts ocean views, and is a perfect spot for some secluded sunbathing.
This building is just a block from the main bus line, and an easy walk to the beach. Whether you decide to rent out all the units or live in one of the units and rent out the remainder, this is an excellent time to make the most out of this opportunity to own income-producing property in this famous coastal city.
- Details
-
Number of Bedrooms 25 Number of Full Bathrooms 19 Total Interior Area 798.50 m² (8,594.95 sq ft) Total Lot Size 460.00 m² (4,951.38 sq ft) Number of Stories 5 Roof Type Concrete Flat Roof Floor Covering Tile Construction Type Concrete, Concrete Block Construction Status Completed Year Built 2008 Air Condition & Heating No Furnished Type Partially Pool No Jacuzzi No Parking Type Street Number of Parking Spaces 3 - Geography
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Location Salinas, Salinas, Santa Elena, Ecuador Country Ecuador State Santa Elena County Salinas City/Town Salinas Location Type Ocean-Vicinity Geographic Type Coast View Type City View, Ocean View - Features
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Interior Features Included Sliding Glass Doors Security Features Barred Windows - Infrastructure
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Street Access Type Paved Road Type of Water City Water Type of Electricity Public Type of Sewer Public Type of Internet Cable Internet Type of Television Cable Television - Financial/Legal
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Price per Air-Conditionable Living Area $531.00/m2 ($49.33/sqft) Price per Square Meter $921.74/m2 ($85.63/sqft) List Price $424,000 Ownership Type Escritura Public