FIVE-VILLA COMPLEX FOR SALE IN CORTIJO DE LAS FLORES, CIUDAD VIEJA

CORTIJO DE LAS FLORES

LOCATION

Cortijo de las Flores Gated Community, Ciudad Vieja, Sacatepéquez, Guatemala.

Located approximately 10 minutes from downtown Antigua Guatemala, this five-villa complex presents an investment opportunity in a residential setting that combines tranquility, accessibility, and proximity to essential services.

Just a few minutes away, we find El Encuentro Shopping Center, which offers a supermarket, retail stores, and other everyday conveniences. The location also provides convenient access to Antigua Guatemala, Ciudad Vieja, and other nearby destinations.

The gated community stands out for its wide cobblestone streets, green areas, and residential atmosphere, incorporating traditional architectural elements characteristic of the region.

AMENITIES

Cortijo de las Flores offers a residential environment with spaces designed for relaxation and community living:

• Green areas.
• 24-hour private security.
• Wide cobblestone streets.
• Children's playground.
• Visitor parking.
• Common area maintenance.
• Water service.
• Lighting throughout common areas.

COMPLEX LAYOUT

The property features a 9,687.5 sq ft lot (900 m²) and approximately 8,611 sq ft of total construction (800 m²), comprising five villas of identical size and layout, an on-site childcare area, and a two-story mini loft.

Five Villas

Each villa features a functional layout with independent living spaces:

• Living room.
• Dining room.
• Kitchen.
• Three bedrooms, each with a full bathroom and closet.
• Guest half bathroom.
• Laundry area.

Additional Areas

• Childcare area with its own bathroom, integrated into the complex.
• Two-story mini loft.
• Four parking spaces for the entire five-villa complex.

ARCHITECTURE AND HISTORICAL DETAILS

One of the property's most distinctive features is its combination of architectural influences and historic decorative elements.

The façade reflects the essence of Antigua Guatemala's traditional colonial architecture, with an impressive main entrance that gives the complex a strong architectural identity.

Inside, the villas incorporate Italian-inspired architectural elements, creating a distinctive combination of styles and details that sets this property apart from other residential developments.

Notable features include:

• Façade inspired by Antigua Guatemala's colonial architecture.
• Impressive main entrance with a stately design.
• Main entrance door brought directly from India, with an estimated age dating back to the early 19th century.
• Interior spaces featuring Italian-inspired decorative elements.
• Iranian torches dating from the late 18th century, adding historic character and distinction to the interiors.
• These features give the complex a unique identity, where architecture and historic decorative pieces play an important role in its appeal.

PROPERTY DETAILS

• Lot size: 9,687.5 sq ft (900 m²), equivalent to approximately 1,287 square varas.
• Lot dimensions: approximately 98.4 ft x 98.4 ft (30 m x 30 m).
• Total construction: approximately 8,611 sq ft (800 m²).
• Five villas with identical layouts and sizes.
• Located along the gated community's main boulevard.
• The property comprises two lots.
• Four parking spaces in total.

INVESTMENT AND RENTAL INCOME

Each of the five villas is currently rented for Q8,000 per month, including the maintenance fee.

This represents a combined gross rental income of Q40,000 per month, equivalent to Q480,000 annually, assuming all five villas remain rented throughout the year.

With an asking price of US$2,500,000, this property offers an opportunity for investors seeking to acquire an entire residential complex with established rental income.

As a reference, the annual gross rental income represents approximately 2.4% of the asking price, before other expenses, taxes, vacancy periods, and any applicable operating costs.

FEES AND CONDITIONS

Maintenance fee: approximately Q700 per villa per month.

The maintenance fee includes 24-hour security, water service, landscaping and green area maintenance, lighting throughout common areas, and cleaning.

• Airbnb rentals are permitted.
• Pets are permitted.

ASKING PRICE

US$2,500,000

WHY INVEST IN CORTIJO DE LAS FLORES?

This complex offers the opportunity to acquire five villas within a single property, featuring consistent layouts and current combined gross rental income of Q40,000 per month.

Its location, gated community security, and proximity to shopping and essential services add value to the investment. In addition, the property stands out for its distinctive architectural identity, combining colonial elements, Italian-inspired details, and historic decorative pieces.

It is an appealing option for investors looking to diversify their real estate portfolio through multiple rental units, as well as for those who appreciate architectural character and the opportunity to own and manage an entire residential complex.

Contact us at +502 7720-3500 to schedule a viewing.

We would be delighted to share more details about this property and assist you with your next real estate investment.