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
- 6,458.32 sq ft (600.00 m²)
- Total Interior Area
- 6,458.32 sq ft (600.00 m²)
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!!
- Details
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Number of Bedrooms 7 Number of Full Bathrooms 7 Total Interior Area 6,458.32 sq ft (600.00 m²) Total Lot Size 6,458.32 sq ft (600.00 m²) 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
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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
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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
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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
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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
