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Property featuring existing infrastructure and active cash flow through short-term rentals. Acquisition price of $745,000 with expansion potential to 5 operational units. Investment thesis targeting a projected Cap Rate of 12.40% upon asset stabilization.
Financial Overview
Total Required Investment: $968,000 ($740k Acquisition + $200k CapEx + closing costs).
Projected Net Operating Income (NOI): $120,000 annually.
Capital Recovery: Estimated at 8.1 years.
Leverage Potential: Projected operating cash flow is sufficient to cover an estimated mortgage payment of $4,657.
Capital Appreciation: Estimated equity of $1.8M over a 5-year holding period.
Asset Specifications
Lot Size: 1,940.31 sq varas (1,356.10 sq meters) featuring cliffside topography overlooking the La Bocana surf break.
Unit 1 (Main structure under garage and terrace): Area of 130.25 m². Features 3 bedrooms and 3 bathrooms, floor-to-ceiling windows, and an open-concept kitchen.
Unit 2 (Apartment): Area of 57.20 m². Independent guest house featuring 2 bedrooms and 2 bathrooms. Currently operating on Airbnb with an 80% occupancy rate.
Service/Storage Areas (Bodegas): Includes a pool equipment room of 19.35 m² and a processed water equipment room of 21.70 m².
Expansion Infrastructure
Structural Base: 2 reinforced concrete slabs built on natural stone retaining walls.
Technical Preparation: Exposed corrugated steel rebars ready for structural continuity to develop 3 additional independent units.
Sanitation: Low-maintenance aerobic wastewater treatment system with installed capacity to seamlessly support all 5 units.
Location and Operations
Amenities: Shared infinity-edge pool equipped with a professional machine room and high-performance filtration system.
Strategic Location: 3 minutes from El Sunzal surf point, 5 minutes from El Tunco, 45 minutes from the International Airport and 30 minutes from San Salvador.
HOA Structure: 24/7 gated access control. Monthly maintenance fee of $95 (includes potable water service).
Send a direct message to request the comprehensive financial dossier and schedule a technical inspection of the property.