With the vast developments, new projects and growing tourism and activities, this region has become a major destination. Many foreigners had settled in the village successfully, and while conducting various investments they had contributed some of their profits to the development and expansion of Santa Teresa.
The Mountain Heights project is nestled on the mountains facing the Pacific Ocean and the coast line of Santa Teresa shores. The village is young, well invested and has the potential to become one of the trendiest beach villages in the country.
The project is situated only 1 kilometre from the beach and the village’s main shopping strip.
Mountain Heights, project consists of 8,320 square meters that are divided into 10 various lot plans that are relatively flat. Most of the lots are located along the public road, and the remaining lots are on an inner service road that originates from the public road. The segregated lots include water and electricity, hence the construction can commence immediately.
The public road that runs along the project allows legally various development options such as residential, condo, hotel or commercial development.
The fact that the land is titled and situated along a public road provides the highest building percentage possible.
The lot sizes and prices are as follows:
- Lot 1: $36,686 – 601m2
- Lot 2: $50,000 – 591m2
- Lot 3: $51,000 – 564m2
- Lot 4: $38,912 – 598m2 – OFF MARKET
- Lot 5: $36,040 – 554m2 – OFF MARKET
- Lot 6: $33,584 – 516m2 – OFF MARKET
- Lot 7: $75,000 – 871m2
- Lot 8: $70,000 – 1440m2
- Lot 9: $105,000 – 1320m2
- Lot 10: $115,245 – 940m2
At around $80/m2, these are a good deal and priced to sell fast. After the first two are sold, the seller plans to raise the prices.