This income-generating property in the heart of Olón offers a prime opportunity for investors or those seeking a home with rental potential. Just a short walk from the beach, this newly built (2023) mixed-use property features a commercial space on the ground floor, a spacious main residence on the second floor, and two rental apartments on the third floor—a studio and a one-bedroom unit.
Currently, the ground floor commercial space includes a self-sufficient, one-operator hair salon already in place, providing an immediate source of income and adding to the property’s turnkey appeal. The layout of the building allows for flexibility—whether you want to live onsite, rent out all units, or operate your own business downstairs.
With 400 m² (4,305 sq ft) of construction on a 247 m² (2,658 sq ft) lot, the property offers four bedrooms, four full bathrooms, and four half-bathrooms across its multiple units. It is fully equipped and move-in ready, featuring two refrigerators, a beer system chest cooler with keg setup, an electric range in the one-bedroom apartment, a washer and dryer stack, seven air conditioning units, pool pump equipment, and a security camera system already installed.
Olón is one of the most desirable coastal towns in Ecuador, known for its wide sandy beaches, laid-back lifestyle, and growing popularity among surfers, expats, and vacationers. The town has a welcoming community and offers a mix of local eateries, boutique shops, and nearby attractions, with the livelier Montañita just minutes away for nightlife and entertainment.
With its excellent location, modern construction, commercial component, and income-producing potential, this is a strong investment in one of Ecuador’s fastest-growing beach destinations.
