Two-bedroom Fixer-upper Condo Opportunity

Overlooking Playa la Ropa and Zihuatanejo Bay in Zihuatanejo, Mexico

This extremely roomy, two-bedroom condominium with a sensational view over Zihuatanejo Bay toward town is a perfect palette for someone looking to make a ready-built property into a home of their own.

This condo has been largely unoccupied for some time and has not been rented to third parties. The structure is sound but most of the existing interior installations and furnishings require repair or replacement, extensive updating, and a lot of TLC. It has great potential to be converted to a spectacular home with a fantastic view, and is priced accordingly.

The condominium is 2-1/2 levels down from the street entrance but also conveniently accessible from a second lower entrance from the side parking lot of the complex that allows you to avoid many of the main entrance stairs.

Enter into an expansive, flow-through living/dining area separated from the open kitchen by a wide built-in bar with stool seating as well as an existing table and chairs in the dining area. The living space opens seamlessly onto a wide terrace that extends with width of the condo and overlooks the common area pool below, the bay and town of Zihuatanejo in the distance, and the cooling tropical vegetation that surrounds the unit and provides ample privacy. Limited patio furniture is included. The terrace includes a small corner dipping pool that originally was installed as a fish pond and later converted for general use.

The large master bedroom and bathroom are accessed from the living area and the terrace. The bedroom contains a built-in king bed base with a new, ultra-thick mattress and enormous wall closet, with plenty of space for additional furniture. Air conditioning is installed but requires maintenance.The full in-suite master bath with great natural light holds a shower, commode, and large vanity with single sink.

The second guest bedroom is easily large enough to hold two full king beds or other combinations of furnishings. A moveable king bed with mattress and additional single bed base are included, as is an air conditioner. This room has its own large in-suite bathroom with shower, commode, and single sink vanity with mirror. It also is accessible directly to the exterior portion of the front terrace via a glass door.

At the base of a short hallway is a guest half-bath and large utility room with washer and water treatment system.

The property includes one deeded parking slot and is semi-furnished. A new 49″ LG Smart TV is included in the sale. HOA fee for this unit is currently $7,820 pesos per month (4/24).

The condominium complex on the hillside below Cerro del Vigia offers lovely gardens with mature tropical greenery and flowers and a large common area pool with the same incredible views of Zihuatanejo Bay and town as the condo unit itself. There are 19 condominium units in the complex.

Asking price for this 2-bedroom condo, sold as is: $319,000 USD

For more information on this fixer-upper, contact MBPRealestate.com by Email

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