Price:
$2,300,000
Ref: S149767
Click images to enlarge:
| property Details | |
|---|---|
| Country: | Mexico, Oaxaca |
| Location: | Puerto Escondido, Puerto Escondido area |
| Type: | Resale |
| Style: | Plot |
| Bedrooms: | |
| Garden: | Not Specified |
| Terrace: | Not Specified |
property Description
Lot with this size in this area are for sale btween 350 000 to 400 000 usd each and house with 4 bedrooms, and pool are like 1.3 millions dollars.
So if you see buy, put services abd build nice house in this property is a very good businessThis is the last private owned beachplot. 100% dented insurence that gives you full ritghts to develope. The road that is under construction going from Canada to Panama is passing trough Oaxaca and are going to make Puerto Escondido even more attractive. Canada is also starting charter tours directly to Puerto Escondido beginning next year 2010. Plus the government are investing big money in the infrastructure. This together makes this lot one af the most attractive investments of this year.
Property a 9 acre beachfront parcel being subdivided into 13 lots. The lots range in size recommended is 1200 square feet. Water is from a central well-fed system and sewage is through a private treatment plant. This lot has the best location, near airport and near commersial center, bars etc. The prices range from 550 000 to 850 000 for a total combined retail value of 16.9m USD. The opportunities for an investor include the purchase a block of 13 lots at a discount below retail so the investor can make a good profit. Some sailes financing maybe be available.
The Beach Front size is the most important to develop lots "A" the best size is 30 meters beach size X 40 meters large
So in this property you can do 13 lots (13 houses) and each lot be can be the same (13 more houses).
The big advantage are that this is the last Private Property this big in whole Puerto Escondido Beach Front.
Also the Electric Service is only 100 meter so the cost to put the electric into the property is more or less 80 000 usd .
The constructions cost are between 900 to 1400 usd square meter depending the type of material to use.
There is the possibility to put 13 single family homes to be sold as fractional units. This could add several million dollars in additional profit to the project.
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