Income-generating beachfront property – OPPORTUNITY

If you have an entrepreneurial spirit and want a property that can generate income for you from Day 1, you have just found a perfect place!

This great beachfront estate is a combo of 2 properties situated right on the El Delfin Beach – a home that currently operates as a boutique hotel and a vacant lot that is being used as a restaurant.

With 27 meters of beachfront, lush gardens, fantastic tropical lifestyle, and a great off-the-beaten-path location, this property combo makes for a fantastic investment property.

You can convert it back to be a deluxe beachfront house with a large garden, build condominiums or make it into a condohotel by adding construction to the existing house. The sky is the limit when it comes to this amazing beachfront place!

The house consists of 5 ensuite bedrooms and 1 studio apartment distributed on two levels:

Ground floor:

• 3 ensuite bedrooms
• Kitchen
• Laundry room & storage
• 2 half baths
• Large terrace
• Ample and lush garden with a pool and a jacuzzi
• Garage and open parking for 20+ cars

Upper floor:

• 2 ensuite bedrooms
• 1 studio apartment with a large ocean-view terrace
• The lot next door has a solid foundation that can sustain vertical construction in case that you would like to convert it to a condo tower or a boutique hotel.

Total land: 27,821.37 ft2 (2,584.69 m2)
Approximate house construction: 5,513.16 ft2 (512.19 m2)

Beachfront: 88.5ft (27m)
Price: 1,850,000usd

Characteristics:

• Beachfront property with income generation potential from Day 1
• 27m of beachfront
• Great location in Nuevo Mazatlan
• 5 ensuite bedrooms
• 1 studio
• Swimming pool
• Jacuzzi
• Tropical gardens
• Vacant lot used currently as a beachfront restaurant