Motivated Seller | Prime Investment & Renovation Opportunity in Historic Granada, Nicaragua
Asking Price: US$165,000 (Negotiable)
Property Overview
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)
Exceptional Investment Opportunity in Granada
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.
Endless Development Possibilities
This versatile property is perfectly suited for: Boutique Hotel Bed & Breakfast Airbnb or Vacation Rental Business Language School Wellness or Retreat Center Multi-Unit Residential Development Retirement Residence Private Home with Guest Casitas Mixed-Use Commercial and Residential Project
Previously operated as both a hostel and language school, the property has a proven track record of accommodating multiple guests and generating income.
Property Highlights
✔ 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
Why This Property Stands Out
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.
Asking Price
US$165,000 – Negotiable
The seller is highly motivated and welcomes reasonable offers.
Schedule a Private Viewing
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.