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This piece of resort development land is an ideal location near the Mayan Palace and the international airport of Puerto Penasco, Sonora, Mexico which has already been approved for a development density of 40 units and it is title insured. This land has 68,800 sf /6392 sm of desirable commercial parcel located just off beachfront and road in Playa Dorada, electric and water are available with breath taking ocean views. Puerto Peñasco is located 1 hour south of the US border and 3.5 hours from Phoenix and Tuscon. Perfect location for a development / boutique hotel. The beach is one of the nicest in the world, pristine white sand and a beautiful blue/green ocean. This location boasts the most protected beaches in North America, hurricanes, tornadoes and earth quakes are virtually unheard of. This is a safe and secure investment, clean title in a Bank Trust, transferable & Title Insurance is in place. Investment dollars are secure as the price is well below current market value with huge up side potential. Puerto Penasco is Mexico's fastest developing resort community and is expected to continue on pace with an international airport under construction just a few minutes away and the coastal highway opening access to California will place 35 million people within a 5 hour drive. Well below market at $219 / sq mts with comparable lots going for $350 / sq mts. Seller Is VERY Motivated! |
You can reach us at our website www.stjamesgate.ws or by email wayne@stjamesgate, A brochure can be founf on this web pagehttp://www.stjamesgate.ws/HomesAuthenticated.aspx?tabid=2214767
I LOVE PUERTO PENASCO!! Wayne, if I had the money I would do it!! I recently came from the beach in Manzanillo and Vallarta and it is completely different than the Sea of Cortez. The great thing about Penasco is that you can be in the States one minute and drive down to Mexico (Penasco is only one hr. from the border!) and feel like you are miles and miles away...uncrowded beaches...ahhhh