1.46 ACRES – Commercial Property On Paved Road 400 Meters From Beach!!!

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UVITA
CHAMAN

$649,000

  • MLS: UVI551
  • Acres: 1.46

Description

This amazing titled commercial property only 400m from a beach is one of the last gems existing in the fast-growing touristic town of Uvita. Located between several restaurants and hotels, this 5,925 m2 property is the best possible piece of land that could be developed into the beach condo project or hotel with restaurant. This totally flat and usable land with several mature fruit trees can be subdivided into individual lots or built out as one whole unit like hotel or vacation rentals. With 50 m of paved public road frontage that takes you within a minute to the entrance of Marino Ballena National Park, this property has a high traffic location that could potentially be used for setting up a restaurant which many years ago existed on the property. Structure that used to be a restaurant is still on the front of the property however it has been used as a residential space with 4 bedrooms and can be remodeled and updated. Uvita has a very strong tourist season all year long due to the whale’s season that attracts foreign and domestic tourists in the time of the year when the rest of the country is having a low season. Also Uvita is a favorite location for expats and digital nomads that choose to live here the majority of their year. Investing in this property is a very low risk investment for any investor as the property values in this area of the country have been on rise the past few  years due to the demand of the buyers market.

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