Are you looking for a great income property with room for expansion in Placencia Village?
This very popular eleven-unit hotel/guesthouse is perfectly located down town Placencia by the Placencia Village Square, one of the most highly valued real estate areas on the peninsula. This unique oasis offers its guests very comfortable and well-maintained accommodations on the nicely landscaped property. It is in walking distance to the beach, grocery stores, restaurants, banks and all other amenities. The beach is only a few minutes walk away.
A total of five brightly colored buildings host the 11 units. The tastefully furnished rooms all have air-conditioning, cable TV, fully equipped kitchenette or full kitchen, wifi, queen size bed or two double beds per unit. The whole establishment is in very good condition. It was built between 2005 and steadily expanded until 2015. CBA approved building permit with 3 units can be taken over at no cost. The rentals are presently rented daily, weekly, monthly, catering mainly to tourists.
A third adjacent vacant lot with direct road access can be purchased together with the “One World Property”. Expanding this business would make a nice strategic addition, due to the heavy demand in the area for rental properties. Amazing opportunity to take over a full turnkey business!
Contact Boris Mannsfeld & Associates at (303-495-5536 or 501-523-3063) or email us at firstname.lastname@example.org for additional information or to schedule a private tour of this property. Boris Mannsfeld & Associates is the premier Real Estate firm in the Placencia area. We provide the highest level of service, professionalism and experience and we only focus on properties in the Placencia area – our specialty.