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Y250 – MANGRO PLACE – UNIQUE INCOME PRODUCING PROPERTY FOR SALE

USD $550,000

Mangro Place is a charming investment property located just north of Placencia Village. This one-of-a-kind completely fenced 754.028 S.M. (80 feet x 100 feet) parcel offers a private salt-water pool, sundeck pool area, shaded thatch perfect for relaxing and entertaining with power access and utility/laundry room. The property was built in 2011 features 3 units; the first floor features a 1,500 square feet studio style apartment that comfortably sleeps 4 with 2 sleeping spaces separate from the living room. This unit also includes wet bar & full bath. On the second floor overlooking the pool, you will find 2 mirror one-bedroom units each includes 700 square feet of covered living space. The design features a spacious and well-appointed open concept kitchen/living areas that open up to covered verandas.

All units attribute designer furnishings, Luin hardwood ceiling beams, rare Jaguar granite counters, appliances, air-conditioned bedrooms with queen sized beds and custom tiled open bathroom with large vanity. The west unit also includes a custom built Murphy bed for additional guests. Views of the grounds, pool, Placencia lagoon and Maya Mountains are accessed from each unit’s breezy and private verandas.

Mangro Place is situated in an easy access location within close range of the Placencia airstrip, walking distance to public beach access and a quick drive or bike ride to Placencia Village; where amenities such as shopping facilities, restaurants and beach bars are accessible. The present income comes from long-term rentals but could easily increase if switched to vacation daily or weekly stays. Mangro Place is a well-designed building, strongly built to withstand hurricane type weather with minimal damage. The property has common areas that are fully landscaped and fenced offering 3 off road parking spaces. The building and land is stratified, each unit comes with clear land titles, which is an opening to endless possibilities! This property is a must to view when looking for profitable investment.

Contact us at 303-495-5536 or 523-3063, or email us at info@realestateplacencia.com for detailed information about this property. Boris Mannsfeld & Associates is the premier Real Estate firm in the Placencia area.

 

 

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