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
Location Type:
Ocean-Vicinity
View Type:
City View, Ocean View
Total Lot Size:
460.00 m² (4,951.38 sq ft)

Contact Information

Kimberly Kagan
Kimberly Kagan
Agency:
Island Estates International
Agent:
Kimberly Kagan
Phone:
+1 312 985 7703
Cell Phone:
+593 098 621 2688
Office Phone:
+593 098.621.2688
Email:
kimberly@ieiecuador.net
Website:
http://ieiecuador.net

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

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

Interior Features Included:
Sliding Glass Doors
Security Features:
Barred Windows

Infrastructure

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

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

Listing Images