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Prime Investment Opportunity: Renovated 3-Story Apartment Building in Crucita

Crucita, Portoviejo, Manabí, Ecuador

Basic Listing Information

Price:
$149,000
Listing ID:
CS2400089
Property Type:
Multi Unit Building
Listing Type:
Commercial Sale
Status:
Active
Images:
48
Beds/Baths:
5/5
Location Type:
Ocean-Vicinity, Oceanfront
View Type:
Ocean View
Total Lot Size:
1,261.31 sq ft (117.18 m²)

Listing Images

Introducing an exceptional investment opportunity in the vibrant coastal town of Crucita: a beautifully renovated three-story apartment building, now available for just $149,000. Situated on a 1,261 square foot (117.18 square meter) lot, this property encompasses 2,165 square feet (201.18 square meters) of livable space, expertly designed to maximize comfort and rental potential. This well-maintained property features five distinct units, each with its own private bathroom, providing an ideal setup for both short-term and long-term rentals. Two of the units are equipped with kitchens, allowing for versatile rental options to suit different tenant needs. Built approximately 18 years ago, the building has undergone significant renovations in the past year, ensuring modern amenities and an inviting atmosphere.

See what the agent says about this listing (original title and description):

Prime Investment Opportunity: Renovated 3-Story Apartment Building in Crucita

Introducing an exceptional investment opportunity in the vibrant coastal town of Crucita: a beautifully renovated three-story apartment building, now available for just $149,000. Situated on a 1,261 square foot (117.18 square meter) lot, this property encompasses 2,165 square feet (201.18 square meters) of livable space, expertly designed to maximize comfort and rental potential. This well-maintained property features five distinct units, each with its own private bathroom, providing an ideal setup for both short-term and long-term rentals. Two of the units are equipped with kitchens, allowing for versatile rental options to suit different tenant needs. Built approximately 18 years ago, the building has undergone significant renovations in the past year, ensuring modern amenities and an inviting atmosphere.

Long Description

Located in the heart of Crucita, this apartment building offers more than just a place to live—it provides a lifestyle. Crucita is renowned for its beautiful beaches, offering endless opportunities for paragliding, fishing, and leisurely strolls along the shore. The town boasts a rich array of local seafood restaurants, vibrant markets, and a friendly community that makes both visitors and residents feel at home. For investors, this property promises an attractive return on investment. The demand for rental properties in Crucita is on the rise, fueled by its growing popularity as a tourist destination. The apartments can be listed on Airbnb, attracting vacationers seeking a beachfront getaway, or rented out long-term to those looking to immerse themselves in the coastal lifestyle. With the continuous influx of tourists and new residents, rental income potential is robust. Don’t miss out on this chance to own a valuable piece of real estate in one of Ecuador’s most charming coastal towns. This apartment building in Crucita is not just an investment in property, but an investment in a thriving community and a prosperous future. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.

Details
Number of Bedrooms: 5
Number of Full Bathrooms: 5
Total Interior Area: 2,165.47 sq ft (201.18 m²)
Total Lot Size: 1,261.31 sq ft (117.18 m²)
Number of Stories: 3
Roof Type: Concrete Flat Roof
Floor Covering: Concrete, Tile
Construction Type: Concrete, Glass
Construction Status: Completed, Renovated
Year Built: 2006
Year Remodelled: 2023
Appliances Included: Oven, Stove
Air Condition Type: Split Air Conditioner
Furnished Type: Fully
Pool: No
Jacuzzi: No
Parking: No
Geography
Location: Crucita, Portoviejo, Manabí, Ecuador
Country: Ecuador
State: Manabí
County: Portoviejo
City/Town: Crucita
Location Type: Ocean-Vicinity, Oceanfront
Geographic Type: Coast
View Type: Ocean View
Features
Interior Features Included: Eat in Kitchen, Sliding Glass Doors, Washer/Dryer Hookup
Exterior Features Included: Balcony, Paved Driveway
Security Features: Perimeter Fencing
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: $740.63/m2 ($68.81/sqft)
Price per Square Meter: $1,271.55/m2 ($118.13/sqft)
List Price: $149,000
Ownership Type: Personal

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Agent Information
Garrett & Richard Parker
Garrett & Richard Parker

Garrett & Richard Parker

Owner/Broker

Ecuadorian Coastal Properties

Phone:
+593 980292090
Cell Phone:
+1 2294691203
Office Phone:
+593 980292090
Agent Contact