Spectacular beach front property located at Lagartillo, in the Avellanas area.
This property has huge potential for commercial activity or to convert into a private luxury estate. With a total of 2 homes , private well , storage bodegas and beautiful landscaped gardens there is a great base to beautify the property further and turn it into a hotel / restaurant / retreat. The total area of 3.5 acre plus (1.5 acres titled and 2 acres possesion) borders the white sand beach of Lagartillo with some great swimming waters. Elevated about 15 feet from sea level.
Property borders the public road between Avellanas and Playa Negra and is on 1 mile distance from world famous restaurant Lola’s.
From ground floor of the main house you can enjoy an ocean view, second floor looks out over the maritime zone (which is in process of getting concession and included in the sale) with palm trees out to the ocean.
Main house second floor includes 3 bedrooms/2 full bath rooms and screened-in living area. It also has a sundeck or a great outside area to sit at night watching the stars. Total measurement will be around 2500ft2 of living space. Solid construction with concrete base and high quality tropical hardwoods throughout!
Ground floor includes spacious open but covered living area to lounge with couches and hammocks, kitchen , laundry room, 3 storage rooms, one more bedroom, 1 full bathroom and 1 half bath. This area could be turned easily into a classy restaurant with already an existing spacious commercial kitchen in place!
The second home is a 900ft2 2 bedroom/1 bath cottage with kitchen, laundry area and large private covered patio area.
Property has 2 private wells but also will have 2 connections to the new local water provider locally (meters have been installed).
Property creates ROI and is currently used by the owner part of the year and offered as a vacation rental for the main house and a long term tenant in the second house at the entrance of the property.
Total approximate construction: 4000ft2
Total size of the property : 6000 m2 / 1.5 acres titled + 8547 m2 of beachfront bordering the titled property in process of concession.
Offered at US$599,000
Call us for more information or to schedule a showing: (506)8705-9909
- 24/7 Security
- Air Conditioning
- Beach Club
- Cable TV
- Cleaning after Exit
- Cofee pot
- Condominium Title
- Fully furnished
- Gated Community
- Golf Course
- High ROI
- HOA fees
- ocean view
- Paved street
- Private Title
- Tennis Court
- Tropical Garden
- Underground Parking
- walk to the beach