|Lot Size||3 acres|
This spectacular Playa Hermosa property with outstanding views is a very rare find. It has the most incredible views, and walking distance to the surf. It is 3,4 hectares. This is the ideal property for a luxury development. There are many possibilities as it is extremely private and has some breathtaking views. There are five very large building platforms on the ridge and many other buildable areas tucked into the hillside as well. It touches a public road at the bottom so it could be used for residential purposes or also could be the location of a splendid boutique hotel. This is a large parcel with white-water ocean views over the popular surfing beach of Playa Hermosa. Playa Hermosa is the up and coming, posh area of Santa Teresa. It is very sought after at the moment and with good reason. Real estate here is priced higher than in Santa Teresa and the area is expected to grow. The reason being that it is absolutely gorgeous! The ocean in Hermosa is a bit more mellow than Santa Teresa too, offering surf for all levels and easy swimming for families as well. The total land size is 3,4 Ha, and would be a great property for a group of investors interested in subdividing and developing the land. Also a builder could make a nice neighborhood and sell of the five homes. This is a property that can be master planned to perfection! In a very sought-after location, a prime piece of real estate. It offers Playa Hermosa views and up the coast views towards Manzanillo, Coyote and Samara. This property has access to the new aqueduct and is permit ready.