Grand Vista, Touristic Sustainable Development Site$ 29,900,000 USD
Listing type: For Sale
Land (Approx) 30-11-75.50 Hectareas m²
Property type: Commercial, Condos, Developments, Houses, Lots, Luxury Real Estate, New Listing
Location TEHUAMIXTLE, CABO CORRIENTES
Sq. Ft .Construction (Approx) 30-11-75.50 Hectareas
Grand Vista, Touristic Sustainable Development Site.
Location: VILLA DEL MAR, CABO CORRIENTES, JALISCO, MÉXICO.
This privatized property, which fronts on a kilometer of wide, sandy Pacific beach and contains more than 32 hectares (79 acres), is approved for the most flexible and highest level of land use granted by any City, State, or Federal Authority.
“Touristic Sustainable Development” is a Land Use Designation that allows ultimate flexibility in the layout and development of Hotels, Resorts, and/or Private Communities or other Touristic Uses in a rare Beachfront setting. It took the current owner over a decade and great expense to achieve this privatized designation in an area that is otherwise restricted as a Federal Nature Preserve.
This project is approved for up to 33 Hotel/Private Residence Building Sites of unlimited height, and is the ONLY property in the Municipality to attain the Designation of Touristic Sustainable Development, making it unique as compared to any other development options in the region.
A new International Airport is under development nearby due to increasing interest in the Costa Alegre area.
The property has three-phase electrical service with its own substation transformers and back-up generator; deep-well and municipal water source, and paved roads.
Three additional sites are already occupied with magnificent residential structures designed and built by renowned Los Angeles celebrity architect Robert David Gilbert. Two other sites contain a full wood shop and metal shop (with supervisor living quarters). Also included are a Caterpillar excavator, dump truck, and other construction tools and vehicles.
A detailed report of this landmark approval from the local municipality is available upon request as well as verification of the Touristic Sustainable Development Site qualification.