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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)

Listing Images

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.

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

Investment Opportunity Just Blocks From The Beach

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

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