Ballenita Multiplex with 7 Rental Units ~ Totally Turnkey Operation for Immediate Income
Ballenita, Santa Elena, Santa Elena, Ecuador
Basic Listing Information
- Price
- $299,000
- Listing ID
- RS2400725
- Property Type
- Multiplex
- Listing Type
- Residential Sale
- Status
- Active
- Images
- 18
- Beds/Baths
- 8/8
- Beds
- 8
- Baths
- 8
- Location Type
- Ocean-Vicinity
- View Type
- City View, Ocean View
- Total Lot Size
- 5,780.20 sq ft (537.00 m²)
- Total Living Area
- 4,714.57 sq ft (438.00 m²)
Great opportunity to live and invest overseas. This property offers seven different rental options, all recently updated, all modern décor and all fully furnished. Each rental has hot water, air-conditioning and wifi. The monthly potential income is close to $3,000 and they make great airbnb rentals.
There are 4 rental units in the large building (2 units upstairs and 2 units down), and the smaller building has 2 units (1 up, and 1 down). Each of the rentals is a one bedroom, one full bath unit. Each have a nice open concept space for living/dining as well as a compact but modern kitchen with granite countertops and sufficient cabinetry for storage. A couple of the units have small balconies, some with ocean view.
The third building is a two-story detached home which could easily be used for a primary residence. There is a modern kitchen downstairs with open concept living & dining area and upstairs there are 2 bedrooms and 2 full bathrooms. Upstairs there is a nice private balcony to enjoy those sea breezes.
There is a large interior courtyard for its guests consisting of a large in-ground pool, a tiki bar, and an outdoor BBQ grill area. There is plenty of room to sunbathe or relax in this patio area.
The property itself is located hilltop, only a short walk into town. The beach is also a quick walk into town, perhaps 8 minutes straight down the road.
Ballenita is a great beach town with new Malecon (boardwalk) and Mirador (lookout) as well as lots of little shops and restaurants. Ballenita boasts a new strip mall featuring anchor store Mi Comisariatio. Ballenita is also where you can find the fairly new inter-provincial bus terminal. Public transportation is plentiful so you can easily visit friends or take a trip into nearby towns.
Ballenita: You Know You Want to Be Here!
- Details
-
Number of Bedrooms 8 Number of Full Bathrooms 8 Total Living Area 4,714.57 sq ft (438.00 m²) Total Lot Size 5,780.20 sq ft (537.00 m²) Number of Stories 2 Roof Type Concrete Flat Roof Floor Covering Tile Construction Type Concrete, Concrete Block Construction Status Completed Year Built 2022 Appliances Included Microwave, Oven, Refrigerator, Stove, Washing Machine Air Condition Type Split Air Conditioner Furnished Type Fully Pool Type In-Ground Pool Jacuzzi No Parking Type Street Number of Parking Spaces 3 - Geography
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Location Ballenita, Santa Elena, Santa Elena, Ecuador Country Ecuador State Santa Elena County Santa Elena City/Town Ballenita Location Type Ocean-Vicinity Geographic Type Coast View Type City View, Ocean View - Features
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Interior Features Included Ceiling Fans, Eat in Kitchen, High Ceilings, Marble/Granite Countertop, Recessed Lighting, Sliding Glass Doors, Water Heater Exterior Features Included BBQ Grill Area, Balcony, Covered Patio, Detached Guest House, Garden, Outdoor Shower, Outside Seating-Area, Washer/Dryer Hookup, Water Faucets Community Features BBQ, Pool Security Features Alarm System, Intercom, Perimeter Fencing, Security Lighting - Infrastructure
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Street Access Type Unpaved Road Type of Water City Water Type of Electricity Public Type of Sewer Septic Type of Internet Other Television Available - - Financial/Legal
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Price per Air-Conditionable Living Area $682.65/m2 ($63.42/sqft) Price per Square Meter $556.80/m2 ($51.73/sqft) List Price $299,000 Ownership Type Escritura Public Association Fees No