*SOLD* Great package price on THREE oceanfront condo units, all located in the same building. Already lined up with tenants through 2023!
Sure seems like now is a good time to sell in the US and buy in Ecuador!
Three units for sale at a package price. Live in the unit you like best, then rent the other two to either short-term or long-term tenants. Rentals in 2021 grossed $29,649 despite COVID. Rentals on the books for 2022 are already at $21,533 and the 3rd floor unit is already leased until February of 2023.
This is a great turn-key income and living solution for an investor looking to generate income while living on the beach in Ecuador. The rentals are currently run by a rental manager, all managed by online software, promoted via a private website that will convey with the sale ( https://www.ecuadoroceanfrontrentals.com/en/)
Located on the beautiful peninsula of Bahia de Caraquez on Ecuador's central coast, three condos are located in the "Dos Hemisferios" complex. The 1045 square foot condos overlook the Pacific Ocean from a town that has the amenities of a city while maintaining a small town feel.
There are many bars and restaurants within short walking distance. A new hospital is currently under construction in town along with a new malecon (beachfront promenade) that was recently completed. There are miles of undeveloped beach to the south and the calm waters of the Chone River estuary are to the north. The Manta airport is just over an hour away through the coastal hills with plenty of scenery to keep you entertained. The main access highway was significantly widened and resurfaced over the past 5 years. The longest bridge in Ecuador, located in Bahia, was just finished in 2010 facilitating the the connection of Bahia to the northern coast. A new mall complete with movie theatre was completed in 2015. This area is both primed for growth and an enjoyable place to live.
The condos are all currently owned by one party, who was living there and renting the units but now needs to return to Canada. The condo units are located on the 3rd, 5th, and 8th floor and are all corner-units with perfect sunset views over the ocean. Two of the condos are completely furnished and the third is unfurnished (3rd floor) but comes with appliances. All furnishings and appliances seen in the photos are included with the purchase.
The unfurnished third floor unit is currently rented until February of 2023. The other two units are currently available as short-term rentals.
Contact us to schedule a rental for your visit and you can stay in one of the units and really get a feel for the specific condo and location. Book one week in one, and a second week in another unit, and see which floor you would prefer to live on.
As this listing is for 3 condos, please Contact Us directly for more photos of the third and fifth floor units. We've focused on the 5th floor unit here as the furnishings, finishings, and even most appliances are the exact same. The floorplans in the units are similar, with the 3rd and 8th floor units being identical.
The building has elevator access, a pool common area overlooking the ocean, an interior garage parking, a locked storage unit, and pets are allowed.
HOA fees are under $140/month per unit. Annual taxes on all three units COMBINED was only $208.23 in 2020!
The condo units have been completely refurbished on the inside and look brand-new. High-quality interior finishings, furniture, and appliances have been installed throughout.
There are ample windows looking out onto the Ocean from all of the condo units and outdoor balconies where you can take in the Ocean breeze while dining or having an evening cocktail.
All light fixtures, and details for a quality rental and/or living experience have already been thought of. Everything is included with the sale.
There are opportunities for sportfishing, waterskiing, sailing, birdwatching, beachcombing, skydiving, paragliding, surfing, and good old fashioned walks on the beach right at your doorstep.
Contact Us now to learn more about this opportunity. **We now offer virtual tours. Schedule your showing today from anywhere in the world!
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