Pochote Estate Beachfront

Ref # : 8-369

Location : Santa Teresa

Price : $ 880,000 Sold

Land Size : 10669

 

Types : Beachfront   Best Deals   Lot  

Features : Ocean View   Walking Distance to the Beach   Well  

 

Water : Well

Power : Public Power

Access : Public Road

Title : Maritime Zone, with Concession

 

Status : Sold

Date Sold : 05/26/2016

 

Real Estate Description

This is currently by far the best beachfront property we have for sale, with a very reasonable price.

It’s also the best beachfront property available, at least at the moment I’m writing this. It has what everyone seems to want:

      White sand beach directly in front

 

      Surf spot directly in front, with consistent waves

 

      Walking distance to restaurants

 

    Santa Teresa location

We named this property for the giant and amazing pochote tree, which has been dates to almost 500 years old, and is probably the biggest pochote tree in the area. It’s so epic it even has a name, which is “El Abuelo” which means “The Grandfather.”

The property is over 2.5 acres, all flat, and has its own well, which is hand-dug and not yet registered. If you certify the water is potable, which is fast and cheap, you can then use this as a legal water source to get permits for your construction.

The property consists of two parts:

8609 m2 of ZRBB (Low Density Residential) with a Maritime Zone Concession. You can build up to two houses and a caretaker house on this section.

2060 m2 of IDA – This doesn’t yet have a title, but can now get one with your lawyer’s help. Once titled it will be worth $100-$200/m2 so $200-$400K. Or, build a business here and since it’s on the main road, you can build nearly anything you want here.

If you’ve been thinking about buying a beachfront lot, this is truly a great deal, so jump on it now, because it’s sure to be the next one to sell.

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