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house (Duplex) for sale on Avenida Gonzalo Picon Salas, Merida

$120,000

asking price

6 beds
4 baths
190 m² area
190 m² lot
house (Duplex) for sale on Avenida Gonzalo Picon Salas, Merida
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Description

Multi-purpose Real Estate Asset: Dual Infrastructure for Exclusive Housing or Business Project
Rent-A-House presents to the market a unique architectural piece due to its immediate conversion capacity.

Property Details

Property Type
House
Location
Merida, Merida, Venezuela
Bedrooms
6
Bathrooms
4
Area
190 m²
Lot Size
190 m²

Location

Avenida Gonzalo Picon Salas, Merida, Merida, Merida, Merida, Venezuela

Street View

About the Area

Merida sits high in the Venezuelan Andes at 1,630 meters, offering a mild year-round climate and dramatic mountain views that attract international buyers seeking both lifestyle and investment potential. The city’s compact historic center, lined with colonial architecture and a lively university scene, blends seamlessly with modern amenities including private clinics, international schools, and a regional airport just 15 minutes away.

Investment Analysis

7/10
Value Rating

At $631.58/sqm this property is priced below the $895/sqm average for comparable 6bd homes in Merida.

Highlights

  • Spacious 190sqm layout with 6bd/4ba offers strong rental income potential
  • Price per square meter is 29% below local comps, indicating possible undervaluation
  • Large bedroom count supports multi-family or student housing conversion

Considerations

  • Market liquidity may be limited in Merida compared to larger Venezuelan cities
  • Older housing stock could require maintenance investment
Listed about 2 hours ago

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