Income Generating Property in San Juan del Sur - $499k
Three Bedrooms
Four Bathrooms
3900 Square Foot Home
Asking $499,000
Located in the established Lomas de Palermo community just minutes from San Juan del Sur, this flexible ocean breeze property offers something increasingly difficult to find in Nicaragua’s coastal market — a home designed equally well for full-time living, rental income, or both at the same time.
Set on approximately one-third of an acre, the property consists of two fully independent apartments centered around a large shared pool and spacious tropical yard. Whether you’re looking for a personal residence with income potential, a turnkey vacation rental investment, or a larger family compound, the layout gives you multiple options moving forward.
The lower level features a spacious Two Bedroom, Two Bathroom apartment with an open-concept design connecting the kitchen, dining, and living areas into one seamless space. Large sliding glass doors open directly onto an oversized covered terrace overlooking the pool, creating the kind of indoor-outdoor living that works perfectly in San Juan del Sur’s year-round tropical climate. Natural light fills the home throughout the day, while the generous kitchen offers extensive cabinetry and functional workspace for full-time living or entertaining guests.
Upstairs, the second apartment mirrors the same relaxed coastal design with Two Bedrooms, One Bathroom, a full kitchen, and a spacious outdoor terrace that captures cooling breezes and views toward the Cristo de La Misericordia statue. The upper terrace creates an ideal setting for sunset dinners, morning coffee, or relaxing after a day at the beach.
Both apartments share access to the crystal-clear pool and large private yard, with plenty of space for gardens, pets, entertaining, or future landscaping improvements. The flexibility of the design also allows the property to function as a single larger residence by connecting the two levels into one expansive Four Bedroom, Three Bathroom family home.
Positioned within Lomas de Palermo, the property benefits from paved roads, underground utilities, and a quiet residential setting while remaining only a short drive from the beaches, restaurants, surf breaks, gyms, cafés, and nightlife of San Juan del Sur.
Properties with built-in income flexibility continue to see strong demand in Nicaragua’s growing coastal market, and this home offers the rare combination of lifestyle, usability, and long-term investment potential.
Asking $499,000
Contact me today
Joel Stott-Jess
Cell / WhatsApp: (+505) 8176 8624
US Number: 1 786 651 5481
Broker License Number 144-2025
Originally from Alberta, Canada he has been doing business in Nicaragua since 2014.
An investment consultant, serial entrepreneur, surfer, and outdoor enthusiast he is an expert on the real estate and business markets in Nicaragua. He also operates The Central Investor, a real estate and investment blog focused on the entire Central American region.
