Address: Manuel Pineda Street
Square Feet: 36305.16
This is a unique beachfront property only a few minutes on a paved road to the business district of Loreto and ideally located to enjoy the beauty of the protected waters and islands of the national marine park in the Sea of Cortez as well as the Sierra Gigantica Mountains. The property is 3372.86 square meters and includes approximately 150 feet of beachfront. It is zoned commercial/residential and can be used as; an estate property, subdivided into two large beachfront lots or further subdivided into four lots. If used in its entirety, zoning will accommodate up to a fourteen unit condominium, boutique hotel…etc. Because the property is in Loreto and close to the Marina, it is ideally situated for eco-tourism and vendors can pick up guests by boat at the property.
The property is immediately adjacent to all city services including sewer, treated water, and DSL internet; phone and electrical are on site. The access to the city water is critically important for any development in that it allows for all landscaping options. The property is currently development ready with all vegetation removed. This is a rare offering and there are currently no comparable beachfront properties on the market.
Included with the sale is the Mexican Corporation, Odyssey Corp., which allows the owner to legally engage in commercial activities and offers tax advantages. Also, included in the sale of the property is the Mexican Beach Concession granted to Odyssey Corp. which will allow for the submission of a beach development plan that could include cleaning the beach and adding more sand, palapas, kayak storage, fire pit, and landscaping… etc.
The property, inclusive of the corporation and beach concession is offered at $ 800,000.
Contact us about this property