Condominium with Excellent Location on the Old Highway to León., Managua, Nicaragua

listing details

Listing ID: 002883464002
Property type: Apartment/Condo
Contract type: For Sale
Price: $ 2,830,590.00
Listed by: RE/MAX CAPITAL
Bathrooms: 3
Bedrooms: 3
Stories/Floor: 1
Garage capacity: 1
Year built: 5
Construction size: 5,299.00 Sq. Mt. - 57,037.91 Sq Ft.
Lot size: 7,500.00 Sq. Mt. - 80,729.25 Sq Ft.

features

Air conditioning
View
Maid quarters
Swimming pool
Gated community
Garage open

Description

This property is an excellent investment opportunity, as it has 54 luxury apartments with well-designed finishes and structure. It also has wide concrete streets, a water tank, and beautiful recreational areas, including a clubhouse with a gazebo pool.

This Condominium is located in an area of ??high capital gains, a short distance from schools, banks and other shopping centers.

Definition of Environments:

10 Town House: Which have 3 bedrooms, 2 bathrooms, 2 living rooms, terrace with approximately 120 m2 each.

28 apartments with different styles.

16 duplexes: Which have three bedrooms, three bathrooms, 2 living rooms, 1 terrace approximately 145 m2 each.

4 apartments with jacuzzi and all have parking, guest access gate and each row of apartments has its own water tank, as well as its septic tank.

The Land has: 7,500 Vrs2

Benefits of owning this property: Demand and steady flow of income, Increased risk: With 54 units, the risk is spread. If one apartment becomes unoccupied, the income from others can make up for that loss, thus diminishing the economic effect. It is a well-located condominium, so its value will always increase over the years.

Comparative Resources to Future Managing a single property with multiple units can be more cost effective in terms of operation, maintenance and management compared to managing multiple individual properties.

Condominium Price: US$ 2,830,590 NEGOTIABLE!

Note: Transfer taxes are the responsibility of the buyer.