For Sale $795,900 Reduced from $1,100,000 - Business
Park Avenue Villas Boutique Hotel is an 8 condo building in the center of San Juan del Sur. Located on the hillside, this property features some of the best views of the bay, and is a great place to sit back and enjoy spectacular nightly sunsets. Currently being advertised to sell as individual condos, there is also an option to purchase the entire building. The buyer can choose to run the building as a hotel, or continue to sell individual units.
At the entrance to the 2 story residential building, a reception area provides a good welcome place for guests or returning owners. The center of the building hosts a courtyard pool, with ample seating surrounding it. A bathroom is conveniently located close to the pool, as well as an outdoor shower for those who visit the beach to rinse away any sand.
Upstairs, a common area balcony allows those residents on the first floor to enjoy the fabulous ocean views. Ceiling fans keep the air circulating, and gates provide privacy to those second floor condos with private balconies. Laundry facilities are also onsite, and their use is included in the monthly HOA fees.
The building was originally constructed to meet a high standard, with the certification to withstand an 8.1 magnitude earthquake. Imported Spanish tile is featured throughout, as well as unique hardwood doors and windows.
All the 2 bedroom condos have the ability to lock off the second bedroom, allowing for additional reservations and rentals.
Contact us today to find out more about this great opportunity to run a boutique hotel in San Juan del Sur!