45,000 square feet Beachfront - Km4 Via De La Boca, Puerto Cayo

As beachfront lots go, they ain't making more of it and what's left is disappearing fast! Not to mention, prices just keep going up on the beach with no mercy sometimes. So, finding this piece of property that is both beachfront but also that offers a mixed-use type of opportunity seemed especially intriguing to us. It's 4,180 meters (45,000 Square Feet) of beachfront gold. To start, it has 132 feet on the beach. It's perfectly positioned on a quaint beach road just off the main city road and just north of the nicest hotel in the area (Sanctuary Hotel Puerto Cayo). It has city water and city electric. This makes this property usable as a hotel location, a single home on a massive lot or even better, a single home with the option to sell part of the property in the future.

Property size:

4,180 mt2 (44993.15 ft2)

Property Location:

Beachfront, north area of Puerto Cayo

Location of property on map:

https://www.google.com/maps/d/edit?mid=z1kQlYXymCQc.kWMxJWc9p3OY&usp=sharing

Notes on property:

- Located just near to the nicest hotel in Puerto Cayo (The Sanctuary Hotel)

- Located near the nicest restaurant in Puerto Cayo (Alebrije)

- City water access (water is a free utility in Puerto Cayo)

- Fresh ground water (approx 3mts down)

- City electric

- Title is clean

- Taxes are paid up to date

Summary Description:

This is a gorgeous piece of beachfront land that was originally purchased with the intent to develop 10 private villas on. That development was relocated to a larger 1 hectare (2.4 acre) piece of land that will support 15 villas. The property could still easily serve to support the villas and the original draft layout and plans are available upon purchase. Alternatively, the property could serve as ongoing investment to simply build on a portion of it while gaining equity value on the remainder or building a rental set of properties (the rental market is very strong on the Ecuadorean coast). If the choice was to build a single residence, this property is stellar.

The property sits to the northern part of Puerto Cayo on the edge of an area known as “La Boca” which is just in front of the most fertile land in the community. We personally have our own organic farm about 10 minutes inland from the property (we have a well with fresh water as well). This area is calm, carefree and keeps the owner in proximity to town but at just the right distance to suffer zero noise pollution. Nights are filled with stars, sunsets occur on what feels like a private beach.

The property is being sold near to what is was purchased for simply for the reason of it no longer being the location for development.