*** REDUCED FROM $1.3 MILLION *** This 2.61 acre (1 hectare) property is located in Brasilito some 400 meters from the beach, on the main road from Huacas to Brasilito/Flamingo. It is well suited for commercial, tourist or residential use. The property has an almost rectangular shape, with 164 feet (50 meters) of road frontage. There are some slight rises that offer partial ocean views. It extends between the main road and the old road from Huacas to Brasilito, thus having two access roads. It is neighboring a lot owned by Reserva Conchal Beach & Golf Resort on the south side.
Plans have already been started for a 4-star condo/hotel with 101 rooms, meeting rooms, 6 shops, a restaurant, a chapel, two-level pool with waterfall, and a multi-use sports ground. The plans can be included in the sale and some of the permitting is already complete. This is a premium commercial property at a very competitive price of $90 per square meter.