$995,000
East Cape,
MLS# 23-2692
1 / 34
Property Description
The Marina Vista Developer Lot is located on the Golden Five Miles - the highly desirable stretch of beach from La Ribera to Lighthouse Point Estates that is enjoying a development and residential boom. The property is also directly opposite the Costa Palmas high-end development with unspoilable views directly into the resort that includes The Four Seasons, Aman Hotel and Casa Blake. The lot consists of three distinct parcels that total 4,065 square meters: (i) West (Lot 12), (ii) South (Lot 15), and (iii) North (Lot 13). The lot is ideal for the following: a. Condo development. b. Resort development. c. Hotel development. d. Retail complex. e. Head Office location. f. Multi-use development. g. Multiple house development.
Details
Maps
Address
Street Name: Marina Vista Developer Lot
Zone: East Cape
Area: East Cape South
Community: La Ribera
Subdivision: Centro-La Ribera
General Description
Current Price: $995,000
Price (USD): 995000
Seller Financing Offered?: No
Financing: Bank/Banco
Lot M2: 4065
Lot Dimensions: 33x43.15x34.35x46
Primary View: marina
Secondary View: Ocean
Contract Data
Begin Date: 2023-06-30
Status: Active
Electricity
Distance to CFE: 0.1
Water
Dist to Muni Water: 0.1
Property Features
Road Type: Dirt Not Maintained
Title: Escritura
Topography: Gentle Slope
Potential Use: Commercial Lot; Development Parcel; Industrial Site; Residential Lot
Supplements
" The lot also benefits from THREE separate access points to the property from the west, south and north. The Hacienda Eureka road that separates the lot from the Costa Palmas development is earmarked to be paved once construction in the southern portion is completed at Costa Palmas.
" The lots benefit from a gentle slope that helps views and does not hinder construction.
" La Ribera is expected to be the fastest growing town on the East Cape.
" The opportunities for investors / developers include:
o Very few pieces of land of this size in this location.
o Ocean views achievable from development.
o Multi-use opportunities thanks to zoning in La Ribera - needs verifying.
o Power, town sewer and water close by.
o Easy access for construction.
o La Ribera is predicted to be the 'next Cabo' - buy and hold the land.
Last Updated: January - 05 - 2024
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