$560,000 investment makes you a partner for life to receive 45% of net each year from the rental of 6 units.These units now are priced between $800-$1200 per unit per week. You will also receive 4 weeks of bungalow use a year per availability. This property is on a little over 1/2 acre with ocean views and 1 mile up on a hill over looking the ocean and from the main surfing beach, Zicatela. The first 2 floors are 2 - 2 bedroom 2 bath units that can convert to 2 - 1 bedroom units each floor. The top floor is a 1 bedroom unit and there is another 1 bedroom unit in the house next door. A new highway is to be finished between Puerto Escondido and Oaxaca with in 2 years that will increase tourism between both cities and increase property prices. Rental prices are the current going prices.Net income currently and projected at between $60000 to $ 100000 and will increase as the business is developed. Property owner available for all serious inquires Price: 560,000.00 USD
For more details about this listing please click here to access the webpage provided by listing owner.
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