Stylish Apartment Rental Property with Pool

$475,000
  • 3 Rooms
  • 3 Bathrooms
  • ~217 m² Living area

Description

Mangro Place offers a strong investment opportunity in a convenient mixed commercial and residential area of Placencia. Solid concrete construction, multiple income streams, and vacation rental licensing make this a practical and profitable addition to any portfolio. ✔ Current Long-Term Rental Income: US$3,800/month combined ✔ Three self-contained rental suites ✔ BTB licensed for vacation rentals to maximize revenue ✔ Solid concrete construction for durability & low maintenance ✔ Private plunge pool with tropical landscaping ✔ Fully fenced with ample on-site parking ✔ Owner financing available with substantial down payment The ground floor features a spacious open-concept studio apartment that comfortably sleeps four, complete with a queen bedroom and Murphy bed. The second floor includes two well-designed one-bedroom apartments, each offering full kitchens with granite countertops, comfortable living areas, and private bedrooms with charming window nooks and generous storage. Located just north of the Placencia Airport, the property is one block from the polyclinic and only a five-minute drive to Placencia Village. Popular destinations including Mariposa Resort, Dolce Vita Restaurant, Turtle Inn, and Seabird Luxury Villas are all within walking distance, adding strong appeal for both long-term and short-term renters. Whether you live in one unit and rent the others or operate all three for maximum income, Mangro Place provides steady cash flow, flexible rental options, and excellent convenience in the heart of Placencia. Call or message me today for a showing!
Features
Air-conditioning
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Engel & Völkers

Your advisor: Nicole Harvalik

Property ID: AM-5088393

Property details
  • Object type

    Apartment house

  • Rooms

    3

  • Bathrooms

    3

  • Number of Floors

    2

  • Living area

    ~217 m²

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