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 ½ a mile North of San Pedro Town and with close proximity to both the water taxis and the airport this is a prime location close to 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 ensuite) an additional living room and upstairs loft area (currently used for home theater) could be converted to bedrooms bringing the total 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, this time poolside, and off this is a full laundry and utility room.
A second two bedroom apartment is located on the ground floor of the main building and because this has its own separate entrance is perfectly suitable for both short and long term rental prospects. The living areas here are smaller than upstairs but perfectly comfortable and an updated kitchen means that guests could be fully self-sufficient if they chose to be so.
To the rear of the property is a stand-alone two storey casita with a good size bedroom and bathroom downstairs plus a large upstairs loft area. Complete with cozy kitchen and a lounge/dining area this would make the perfect manager’s residence.
The grounds here are fully fenced and landscaped with many mature trees and 800 sq. ft. of 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.