Price: $1,600,000

Beach Front Commercial

Location: Guasacate

Size: 8.2 acres 151mts of Beach Front.

Price: $1,600,000

This is a totally unique property with 8.2 acres of developed land with 151 meters of Beach Frontage. The property sits on the north end of the protected bay that is home to the quaint fishing village of Astillero. It is a great location with many surf breaks within walking distance or just a short ride. The Chococente Biological Nature & Turtle Reserve is less than a mile up the beach.

The property is completely enclosed with a wall on three sides and a fence on the ocean side. All the infrastructure is in place. There are 2 wells on the property and they are also connected to the municipal water system.

The property has 3 rental units that afford enough income for a positive cash flow, There is also a caretaker’s quarters and pump house.

The property has permits for 34 individual home sites to be dismembered from the property. There are water and electric hook ups to each lot. It is not necessary to use this plan. The property can be used for a hotel, restaurant, condos or one or two large homes.

The town is a growing community. It has several bodegas, seafood restaurants and improving infrastructure.

It has a mile long stretch of calm protected beach that is home to dozens of boats. There are several boats with experienced captains and crews that are fully equipped for either off shore fishing or trips to any of the many surf breaks in the area.

The paving of the road between the Pan American Highway and Astillero has started. Soon the travel time to other areas of the country will be greatly reduced. The trip to the airport in Managua will take only an hour and a half.