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)
Total Interior Area
798.50 m² (8,594.95 sq ft)

Contact Information

Agency
Homes4™ (anglophone)
Agent
Customer Support
Email
ecuador@homes4.me.uk

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