ID: TY-000812

Wonderful beach investment on a small or large scale: 6.4 km. of pristine and secluded white-sand beach at El Cuyo, backing to Rio Lagartos National Park.  Projected as a high-end residential community catering to a sophisticated and environmentally-minded clientele, with homes up to 500 sq. meters footprint and not of not more than two storeys plus palapa/attic, the land has been subdivided into 64 lots each with 328 ft frontage (100m) and average depth of 918 ft (280 meters).

Priced at $10,000 US per linear meter, these lots represent an outstanding value, and past history on other similar property indicates an expected appreciation rate of 20-35% per annum.  The current project is designed to include, roughly at the center-point, a boutique eco-hotel of 20-25 rooms with full-service spa and restaurant, offering also a bar, pool, possibly tennis courts and a number of paid activities and tours for hotel guests and owners of adjoining property.

The trip is two and a half hours by car from Cancun, and the next town along the coast in that direction, the small island of Holbox, is in the process of being discovered as a significant tourist destination.  In terms of infrastructure, the property is currently undeveloped, with the exception of a gated road running the length of the property.  The norm in comparable areas (e.g. Sian Ka’an Biosphere Preserve) is for each property to be self-sufficient, using for power a combination of solar or wind sources augmented by backup diesel generator.  Water is from wells, de-salinated as necessary, and telephone and internet reception provided by satellite. Building costs are currently estimated at around $70 per sq ft. for luxury finish-out.

The entire project can be purchased for $64,000,000 (please write for complete information) or individual ocean-front lots averaging 4.3 acres for individual development at $1,000,000.

For more information contact:
Jennifer Lytle

SALE PRICE:

$1,000,000 USD