Historic Building For Sale, The Favilli, Home of Mombacho Cigars

Historic Building For Sale, The Favilli, Home of Mombacho Cigars
Calle Atravesada, Granada, Nicaragua
For Sale $950,000 - Colonial Home, Commercial, exclusive listing, Home, Hotels, Investment Property, Lakeview property, Mansion, Office, Residential, Residential Commercial, Vacational Property, Villa
RH-30249-property 3000 m sq 2 Garages 1925 Year Built 1020 m sq
Historic Building For Sale Combining Neoclassical and Spanish Colonial styles

A piece of history with this Historic Mansion

Historic Building for sale! The Favilli building was designed and constructed in 1925 by renowned Italian architect and sculptor Mario Favilli. With its amazing neoclassical style built using Italian marble with exquisite sculptures and a tranquil central garden. The elegance and grandeur of the era are undeniable. This is a rare opportunity to own a piece of history in the historical city of Granada. The building’s perfect location, excellent tourist traffic, and especially name recognition offer unlimited possibilities for development.  This property has amazing potential for various business ventures such as a private luxury mansion, hotel, museum, or even an experiential/luxury business.

Exterior

The front of the building showcases the Spanish Colonial and Neoclassical styles while still providing room for a single-car garage and a driveway.

The Main Entry in the Morning Light.
Stoll Up The Grand Italian Marble Double Staircase to the second floor

Incredible interior

Enter through the main door and witness a magnificent staircase that leads to the second floor. This is a rare four-story building here in Granada and was originally only a 2 story. The third and fourth floors were integrated afterward.

The stairs showcase the neoclassical style and Italian marble
Historic Building For Sale

Undeniably a stunning property with so many options for development.

Historic Building For Sale
The Buildings High Ceilings And Open Air Private Central Courtyard Provides Light and Air Circulation Throughout.

3rd and 4th floor Miradors

Historic Building For Sale
Additionally you can throw A Party Or Host An Event On The Huge Third Floor Terrace With Incredible Views Of Mombacho, Lake Nicaragua And The City Of Granada.
Stunning views of Mombacho

The third floor has a lovely large open terrace with incredible views of the city, Lake Nicaragua and Mombacho volcano. Experience the enclosed terrace on the fourth floor. The tiled flooring and large windows that open offer spectacular views and refreshing breezes.

Entertain Even In The Rainy Season On The Fourth Floor Enclosed Terrace Giving A 360° View Of Granada. Fantastic For Events Or Parties.

Mombacho Cigars

Mombacho Cigars purchased the property in 2014 for the production of their renowned cigars. However, the manufacturing process has since been relocated, which has left this charming historic building open for redevelopment.

Historic Building For Sale
The Now Famous Mombacho Cigars Produced Right Here At Favilli.

Unlimited possibilities in the development of this amazing opportunity.

Additionally there is an opportunity to continue the production of world-famous Nicaraguan cigars (second only to Cuba) under Mombacho Cigars or start your brand!

Large Rooms With Plenty Of Space.
Historic Building For Sale

The large salons were previously used to manufacture the famous cigars.

Large rooms with huge windows bring in all the light

Also, you can have a boutique hotel with a stunning elegant atmosphere with a little work to add bathrooms. Or easily convert it into a museum and art studio. The Favilli building was originally built as the personal residence for the family. It could once again become a fabulous family home. Presently there are 3 full bathrooms and 2 half bathrooms.

Historic Building For Sale
Huge Kitchen

This building is in excellent condition and has received exceptional care. There’s a large capacity cistern that has been installed and can operate for a week or more without city water, as well as a commercial generator that can run the entire building during power outages. The electrical service in the building has been upgraded, and air conditioning has been installed in most rooms.

Granada, Nicaragua

Nicaragua is a vibrant and exciting country listed as the safest country in all of Central America. With its growing economic status and low cost of living it is quickly becoming the hub for foreign investment. Granada, itself is a city that was founded in 1524, as such is one of the oldest in the country and Central America. Drawn by year-round warm weather, colonial-era architecture and the freshwater Lake Nicaragua, travellers from around the world flock to Granada to enjoy the quaint city, first-class restaurants and vibrant culture. Come for a visit, stay for a lifetime!

Check out our YouTube Video Tours!

4 story Historic Mansion
Mansión histórica de 4 pisos

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Changing Lives & Fulfilling Dreams – Nicaragua Real Estate Team

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Ghislaine “Gia” Sieveking, Realtor®