An Ocean View Investment Opportunity You Don’t Find Every Day!

Located just about an hour’s drive from Ecuador’s major metropolitan city of Guayaquil, the smaller beach town officially named General Villamil Playas, is more widely known as simply “Playas.” The wide beaches, gentle waves, seemingly perpetual sunshine, and family-friendly atmosphere draw people from Guayaquil, and from every area of Ecuador and around the world, making this apartment building an excellent investment opportunity.

Located a short 200 meters from the beach, this property is within walking distance of the beach. The apartment building has a total living area of 8,288 square feet, and is partially completed, so much of the initial work has already been finished. It consists of five separate apartments ranging from approximately 1,150 square feet to 1,615 square feet. Each apartment features a large living, dining, and kitchen combo, three bedrooms and at least two bathrooms, with the Penthouse boasting two-and-a-half baths. The upper floor apartments feature a balcony, and the Penthouse has a huge terrace with ocean views. Apartment 3 also enjoys a beautiful ocean view.

The plans for this structure are included for ease of completion. There is a large yard and social area in addition to the front yard with steps leading to the entrance from the street, and plans for each apartment to have its own designated parking space. Since this property is being sold as-is, you get to take advantage of the lower price point while choosing the final finishes yourself. Whether finished for a constant stream of income from renting out all five apartments, or making the top-floor apartment your “Owner’s Penthouse” while generating income from the other four apartments, this is a rare opportunity for the smart investor.