With unobstructed views over the Pacific Ocean, this fully titled unique 2.1 hectares (21,991.30 m2 or 5.3 acres) high end development property, is strategically located on a hill overlooking iconic MarAzul rock in Mal Pais. It offers spectacular views of the beaches and mountains surrounding it. At merely 300 meters up the road from famous Malpais beaches, the property has strong business potential thanks to its 226 meters’ public road frontage. This trophy development property is perfect for a boutique hotel, a corporate retreat center, Yoga and Meditation Center, a resort style luxury home or family compound, a beach mansion, a high end compound of luxury homes addressed to vacation rental industry, etc.
The property includes an ocean view Bali style luxury home in a very quiet and tranquil area. This unique and beautiful property offers the best views of the Pacific Ocean. The long road frontage also allows for a subdivision of lots, which makes this property an ideal investment opportunity with one of the best locations available in the desirable and exotic Mal Pais area.
The property comes with a Bali style well maintained home built out of precious woods back in 1998. The house offers 3 bedrooms and 3 bathrooms, ample living area, kitchen with storage room, wrap around balconies, infinity pool surrounded by a terrace and large rancho for entertaining, the perfect setting for watching the spectacular Mal Pais sunsets and its spectacular colors painting the beaches Santa Teresa and Hermosa at the distance. The property is full of mature trees, tropical gardens and large variety of palm trees and fruit trees.
A caretaker´s house with ample storage area is also included as part of the sales package. This house has an independent entrance from the road. A very important added value of the property is that it comes with ample parking space and its own water well, with plenty of water all year round, and it also enjoys the public water from the municipal aqueduct.