Property ID : 186
Sold $36,000.00 - Lots
If you have been thinking about getting into the Nosara real estate market or want to diversify your ownership portfolio here, take a close look at these two lots.
Location is 2-3 minute walk from the private Del Mar Academy International School (DMA).
Two options for small developers: Residential or Commercial
DMA growth has created a shortage of long term rental homes. The demand is extremely high and the proximity to the school makes this a 3 minute walk to school for families.
There is a new home that has just been built behind this lot for sale so the greater area could become a 6 to 15 home housing development.
Commercial Possibilities Abound.
Possibilities include bakery, iced coffee house, ice cream shop, or leasable office work space. The commercial potential is endless because of the steady stream of parents that pass by in the morning and afternoon each weekday.
Call me to discuss what the total cost of ownership would be to purchase and build a rental home or a commercial structure.
Done right, this property could bring big returns for a tiny investment.
Note: Lots 3 & 4 are listed separately for $36,000 each. They are each 720 meters squared.