Ocean Front Lot in Downtown San Juan del Sur
Overview: One of the last vacant properties along the downtown San Juan del Sur waterfront. The land is currently the largest such lot available.
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Description: This 573 square meter/6,175 sq ft lot would be ideal for a commercial venture such as a hotel, bed and breakfast, or condominium project. There are currently no other beach lots of this size in Nicaragua's most popular beach destination. The current owners have all the conceptual architectural drawings for a nine unit condominium project with a pool/garden, rooftop terrace and underground parking. Please ask us for more information on the drawings and we would be happy to provide it.
Effective lot size is even larger than 573 square meters/6,175 square feet since the adjacent city-owned storm water culvert can be covered and used as service type access.
The property is generating positive income ($4,080 a year) currently via monthly lease as a parking lot.
The Property has a clean title. It was purchased about 10 years ago by the current owners from a prominent local family that had owned it for over 50 years.
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Location: San Juan del Sur
Price: $299,000
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Home / Lot Features
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