Olon Boulevard- Income Producing Property Located in the Best Location in Olon!

Olón, Parroquia Manglaralto, Elena Canton, Santa Elena Province, 131401, Ecuador

For Sale

$580,000

5a7e75_157aa7df18304a57822058af4c94825e~mv2

5a7e75_cd5a0074e4ba4e10809dd859f1e5b5f5~mv2

5a7e75_bea731466203464fb8a15b89f193e7b2~mv2

5a7e75_bd1d10d7977c42bf9a91a0cce510e180~mv2

5a7e75_21eea4abfae840ed8077e36803a59568~mv2

5a7e75_4c458b0ab25042ed9986cb38fee9d127~mv2

5a7e75_1c009990a036463b8dfc611df3839c9c~mv2

5a7e75_0ad8b80fbbe040068cba6d73b6a3ef84~mv2

5a7e75_02a7c3640fa749618f972d28cba74676~mv2

5a7e75_2de81f7c70d14609833bf44eaa57a47e~mv2

5a7e75_3be4d1cc08f34a459425b4bbe8ff83c9~mv2

5a7e75_4bd5d5c3eb944cb7b62d4f294428e70b~mv2

5a7e75_4e0c1341a00244018680a2b7ed30d100~mv2

5a7e75_5cead79d0d7b4fa195d39ac03a4096d2~mv2

5a7e75_5d1cc9c9b7bd4d2caadc13bb6f4a9124~mv2

5a7e75_6a408621f21046f8bb512354680fbdfc~mv2

5a7e75_6b05688f4d2740ca99b6ef51e87e95a1~mv2

5a7e75_8d0acba09f9b43ef9a9c10a657b71124~mv2

5a7e75_9e17a3b57ca74dce8ec5edb6570a9f61~mv2

5a7e75_13fbd1052a4f4aafb993346ead3e8c61~mv2

5a7e75_15b6fe6989c046729e8f0c2ee2b3ca78~mv2

5a7e75_22bc6632d2d444d18e13c5251b7cfbc7~mv2

5a7e75_37a2b7397567432190a7ca0c0cccf775~mv2

5a7e75_68fa4a674a11481aa32448dc6e6973a9~mv2

5a7e75_95bff29e6724437bb26c5f64c47113e1~mv2

5a7e75_3889b35080a54fe2810348eca3ff32ff~mv2

5a7e75_3889e843ce3e4116b7e405d60a339872~mv2

5a7e75_192035b8d41a4abf9b9a787db0817e53~mv2

5a7e75_4575519ecb27437f8d17dd0e73ebbf21~mv2

5a7e75_728550457d54461abad73e9f9faae195~mv2

5a7e75_2382814136204f23a3221a5c5aaa38d3~mv2

5a7e75_a636bb7ca7fb4a55b2f3d3a3027848ff~mv2

5a7e75_bac3fd5406c3404b99d03f01f8a3e811~mv2

5a7e75_ccdef512a8ab4541944d0fdde1cc61a7~mv2

5a7e75_d9d4cc3085ec477b8da406aa16c2bfb1~mv2

5a7e75_e1a0e72cd5554df58e9ace193c9ce445~mv2

5a7e75_e12f36ffa38b4753956b29bb5e4bc7cf~mv2

5a7e75_e89ac3e85194428f92701cddf2927388~mv2

5a7e75_ec5ae76bb1dc421292ec9d03c904eda0~mv2

5a7e75_f2bf4622968d47c494712e1c9d725abe~mv2

5a7e75_f4174d603d51452484acf23b8a6f34d9~mv2

Property ID:

None

Bedrooms

Bathrooms

Area

600 m2

Lot Size

600 m2

Description

This is an incredible deal and pictures just won’t do it justice!! Talk about “location, location, location”, a fully turn-key commercial beachfront property located in the most popular beach town in Ecuador: Olon. This corner property has triple access points (side door/s and beachfront door) with several income producing, newly built structures:

Brand new beachfront two-bedroom apartment with front and back entrance. This apartment used to be a well-known sushi restaurant in Olon. The converted apartment has large windows facing the beach and town, large living room, coffee/reading corner, large and brand new kitchen, A.C. units brand new bathrooms with modern tiles and more. This apartment is on the beach side of the property and located on the second floor which makes for spectacular views of the beach and sunset. The apartment is 120m2.
Separate large house. This house has three bedrooms, two bathrooms. It is fully furnished with all amenities, kitchen, living room and A.C. units. Brand new construction which the owner has successfully been renting out on Airbnb and MLS Ecuador. The house has its own BBQ grill, covered patio which is perfect for hammocks, tables, social area etc. The house is fenced (with bamboo) and even has its own parking space! It is 180m2.
Back suite. This suite used to be a caretaker’s suite but has been beautifully converted into living space. It is located towards the back of the property, fully fenced and has its own entrance (side door.) The suite includes covered parking and is 100m2 in size.
Beachfront suite. The newly built beachfront suite is 30m2 in size and has a brand new kitchen and bathroom! Modern finishing’s and perfect to promote on Airbnb. Great income producing potential.
Corner ice cream shop on ground floor. The ice cream parlor is ideally located on the corner of the block right before cars and pedestrians turn to the beach. The shop can be kept as is or converted into a different kind of business. Size: 10m2.
Massage/spa is located on the side street just half a block from the beach. The business is about 20m2.

This property comes with a large and covered Swimming Pool! The pool area also has a kiddie pool, Jacuzzi, sauna room, dressing rooms, bathrooms and pool room (where the pump and equipment is). The total size of this area is 200m2.
The property has its electrical and water meters, garden space (with lounge chairs, perfect for sunbathing or relaxing!), cistern, water tank and 2 septic tanks!
The property has a legal title meaning it’s privately owned and papers can be easily made ready for closing! Go for it!!