Property Description

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This is a wonderful opportunity to buy prime oceanfront land that you can take to the next level and develop as a beach resort! This property has some of the most beautiful beachfront land in Ecuador!   7800 square meters (2 acres) of land that was formerly a multi-building resort with a large hotel building. There are existing buildings on the land, some of which are fully functional and others that need restoration.

Included in the sale are the preliminary project plans for building two 30-unit condominium towers in a resort-type setting, complete with tri-circle pool, a tennis court, and a beach bar & grill. This project is a fabulous investment opportunity as you can either sell or rent out the future condominiums. 

Its location is perfect with the stunning beach right there, and there is also convenient access to a new paved highway that leads to the town of Puerto Cayo, a quiet village just 5 kilometers north of the property. IT is an ideal spot for relaxing beachfront vacation condominiums. 

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The owner is also willing to sell half of the property and share a 50/50 partnership with the land and the project. 

Price: $450,000

Ref. PuertoCayo2