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Worth noting is that the majority of the government owns large parcels of land in the area, so there is a good deal of focus here on increasing land values. Currently access to the lots is via the beach and track, but the Alcadia (local government), who have now sold the majority of these beach lots is pumping funds in to build road access. This will further increase values.
As far as Comparables:
A re-sale Asuchillo ¼ acre concession lot has been sold privately for $100,000 on the beach
Costs involved: ($100 per year as concession payment)
$35,000 purchase price (per lot)
$1,400 completion costs (per lot)
TOTAL: $36,400 per lot
To find out more information about this incredible deal fill out the form below or email us at hola@sanjuansurf.com
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