USD 999,999
3 bd
45 sqft
Days on Market80
Status ACTIVE
MLS#26 2523
Living Area 4 842
StyleMultiple Levels
NeighborhoodCentro
Stories5 View more View less Barlovento Project presents an exceptional investment and development opportunity for investors or developers looking to immediately resume construction upon acquisition. This shovel ready development includes an active construction permit valid for the next 3 years significantly reducing timelines administrative delays and pre development costs commonly associated with new projects.The sale includes the land architectural plans structural plans and installation projects for the development of 7 two bedroom two bathroom condominiums plus 1 three bedroom 2.5 bathroom penthouse unit. The project also contemplates one parking space per unit elevator access a 5 000 liter cistern with the possibility of expansion according to the developer's needs and a thoughtfully designed rooftop amenity area featuring a swimming pool and designated gym space.According to the developer water and sewage feasibility studies have already been completed adding additional value and certainty to the project. The development has already been approved by the municipality allowing a future owner to avoid lengthy permitting processes government approvals and associated carrying costs. Previous investments in planning licensing and initial construction progress have already been completed by the current owner creating a rare opportunity to continue development immediately with substantial time and cost savings.Designed to offer modern amenities and strong market appeal Barlovento Project represents an ideal opportunity for developers rental investors or those seeking a multifamily development opportunity in one of the fastest growing markets in Cabo San Lucas.List Price 1 150 000
Days on Market80
Status ACTIVE
MLS#26 2523
Living Area 4 842
StyleMultiple Levels
NeighborhoodCentro
Stories5