
Property Type: Residential / Investment Property
Location: 400 Varas East of San Francisco Church, Calle El Arsenal, Banda Norte, Granada, Nicaragua
Lot Size: 740 m²
Bedrooms: 7
Bathrooms: 6
Garage: Yes
Patio: Spacious Interior Patio
Existing Construction: Two-Story Building
Price: US$165,000 (Negotiable)
Located in the heart of Granada’s historic district, this strategically positioned property on the renowned Calle El Arsenal offers an outstanding opportunity for investors, developers, and entrepreneurs seeking to capitalize on one of Nicaragua’s most desirable tourism and residential markets.
Situated on a generous 740 m² lot, the property features a habitable two-story building with 7 bedrooms and 6 bathrooms, making it ideal for hospitality, rental income, or residential redevelopment. The property also includes a garage and a spacious central patio, providing additional value and flexibility for future improvements.
A significant portion of the property remains undeveloped, offering ample room for expansion, additional guest accommodations, gardens, recreational spaces, or other value-enhancing amenities.
This versatile property is perfectly suited for:
Previously operated as both a hostel and language school, the property has a proven track record of accommodating multiple guests and generating income.
✔ Motivated Seller – Asking US$165,000 Negotiable
✔ Prime Location in Granada’s Historic Center
✔ Large 740 m² Lot
✔ 7 Bedrooms and 6 Bathrooms
✔ Existing Two-Story Structure with Renovation Potential
✔ Spacious Interior Patio
✔ Private Garage
✔ Expansion Opportunities on Unused Land
✔ Former Hostel and Language School
✔ Ideal for Hospitality, Tourism, or Residential Development
✔ Strong Long-Term Investment and Appreciation Potential
Opportunities to acquire a large property with multiple bedrooms, commercial-use history, garage, patio, and expansion potential within Granada’s historic center are increasingly rare. Whether you’re looking to develop a boutique hotel, operate a successful Airbnb business, establish a language school, or create a unique private residence, this property offers exceptional flexibility and value.
The seller is highly motivated and welcomes reasonable offers.
For additional information or to arrange a property tour, please contact:
Los Cisneros Law Firm – Real Estate Division
📞 Nicaragua: +505 8765-1419
📞 USA: +1 (415) 286-7266
We provide comprehensive legal and real estate services, including due diligence, title verification, closing coordination, and ownership transfer assistance for local and international buyers.