Property ID : 440
For Sale $750,000 USD - Homes
Turn-key investment property perfect for a boutique resort, bed and breakfast or large family estate, this property is situated just one block back from the beach only half a mile North of San Pedro Town and within close proximity to the airport, water taxis, restaurants and shopping.
The main house offers over 4,000 sq. ft. of space and includes a very spacious open plan living and dining area. The well-appointed kitchen is perfectly suited to commercial cooking with double door refrigerator and generous counter and cupboard space. While the home is currently configured with two bedrooms (both with ensuite bathrooms), an additional living room and upstairs loft area (currently used for home theater) could be converted to bedrooms bringing the total number of bedrooms to four. There is also a third full bathroom located on the main floor which could act as a shared facility. Downstairs is yet another lounge area and off this is a full laundry and utility room.
On the ground floor of the main house is a one bedroom one bath apartment. Because this unit has its own separate entrance it is perfectly suited for both short and long term rental prospects. The living areas are very comfortable and an updated kitchen means that guests can be fully self-sufficient. An extra space off the kitchen currently being used as an office can easily be converted into a second bedroom.
To the rear of the property is an 800 sq. ft. stand-alone two storey casita with a good size bedroom and bathroom downstairs plus a large upstairs loft area with additional sleeping and office space. Complete with cozy kitchen and lounge this would make the perfect manager’s residence.
The grounds here are fully fenced and landscaped with many mature trees. An 800 sq. ft. hardwood decking surrounds the beautiful 20,000 gallon custom concrete swimming pool. There is also a 200 sq. ft. bodega which can be used to store the pool toys and gardening tools.
Owner financing available with 30% down, 8% interest, 15 year amortization with a 5 year balloon.
- Lot Size: 75 ft x 150 ft
- Property Tax: $120 USD per year
- Year Built: 2004