The is a fabulous location, on one of the nicest beaches in Nicaragua. It sits on the sand between Rancho Santana and Magnific Rock. It is the only property with this much beach frontage in the entire Popoyo area.
This beautiful residential beachfront compound has four buildings with 50 meters of beach frontage and over 2,000 sq meters of property- making it a great opportunity for a commercial venture. As stated it is currently a residential estate but could be used as a bed and breakfast or a small boutique hotel.
There is a main house with 3 bedrooms and 3.5 bathrooms; AC, a large kitchen, living & dining area, and a large front deck. The whole upstairs is a large master bedroom with a walk-in closet and large balcony overlooking the ocean. Recently fully renovated with new tile flooring throughout the home + a new insulated white roof, & new and mirrored windows the home maintains its coolness even without using the AC’s.
The home includes an upgraded electric system & septic systems as well as a new automatic gas generator powerful enough to supply back up electricity to the entire estate including all the air conditioners and appliances. The estate has 5 water heaters, 2 separate water storage tanks and 2 pumps including a brand new one for the guest house and pool.
Next to the main house there is a new lap pool as well as a newly constructed guest house; currently being used as an in- home gym. These two large rooms could easily be converted into 2 bedrooms, if desired.
In the north section of the property lies the garage with plenty of space for expansion.
The fourth building on the property has a bathroom and plenty of storage area; also could easily be converted into bedrooms.
With numerous coconut and palm trees throughout the property, it easily sets the tone to have your very own tropical oasis, with an 8 foot wall for privacy surrounding the complex.
Due to current setback restrictions for building on the beach, this home is closer to the ocean than any other home in the area. You can no longer build a house this close to the ocean.
This area is a rapidly developing expat community with people from all parts of the world. Don’t miss this great opportunity!