1.4 Hectare Oceanview Property in Puerto Cayo
Puerto Cayo, Jipijapa, Manabí, Ecuador
Overview
This is a drastically reduced price opportunity. This land was originally purchased by a developer that was going to sell each lot at $150K - $175K, a total sales revenue of $1M approx not including home development. One of the partners on the project unfortunately has passed away leaving the remaining partner choosing to sell the property at the original purchase price.
Description
This is a drastically reduced price opportunity. This land was originally purchased by a developer that was going to sell each lot at $150K - $175K, a total sales revenue of $1M approx not including home development. One of the partners on the project unfortunately has passed away leaving the remaining partner choosing to sell the property at the original purchase price.
The property features 1.4 Hectares (150,600 ft2) of gorgeous land positioned along the main road into Puerto Cayo that is known as "Millionaire's Row".
The property has 183 meters (600.394 ft) along the road and goes 75 meters (246.063 ft) back.
All closing costs will be covered by the seller for this property.
For anyone looking for an amazing piece of property to develop. This is an amazing opportunity to take advantage of land being put back onto the market at prices typically only locals have access to.
We are a full construction and development agency with a proven project track record if you would like to discuss partnership opportunities for development.
Details
- Total Lot Size
- 3.46 acre (1.40 ha)
- Lot Dimension Comments
- 186 x 75
- Location
- Puerto Cayo, Jipijapa, Manabí, Ecuador
- Country
- Ecuador
- State
- Manabí
- County
- Jipijapa
- City/Town
- Puerto Cayo
- Location Type
- Ocean-Vicinity
- Geographic Type
- Coast
- View Type
- Ocean View
- Street Access Type
- Paved Road
- Type of Water
- City Water
- Type of Electricity
- Public
- Sewer Available
- No
- Type of Internet
- DSL Internet
- Type of Television
- Satellite Television
- Price per Square Meter
- $42.86/m2 ($3.98/sqft)
- List Price
- $600,000
- Ownership Type
- Personal
- Association Fees
- No
Map
Disclaimer
Information regarding this property has been provided by its owner and/or the owner's agent. Neither Propertyshelf nor MLS Ecuador will be held responsible for the information contained herein. For more information on ownership risk, please see the legal section. When purchasing property, clients are advised to consult with their own attorney.