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Beachfront LOT for sale ON LA MADERA, ZIHUATANEJO
ONLY Piece of Beachfront IN ZIHUATANEJO BAY
for sale on Playa Madera
Lot #20,
Playa La Madera, Zihuatanejo,
Guerrero, Mexico
534 Square meters zoned for hotel, condos or
private home. Comes with rights to additional 300SM Zona
Federal*(beach land belonging to federal government)
which gets leased to owner by rights to owner of predial/property contingent for use in pool or garden
or restaurant. By federal law only constructions for available as ZONA
FEDERAL IS FOR 'THE GOZAMENTE DEL GENTE DE MEXICO,' E.G. YOU MUST ALLOW
THE PUBLIC AT LARGE ENTRANCE WITH A FEE IF NECESSARY. THIS LAW OFTEN
VIOLATED. CONSTRUCTION OF FOR PROFIT UNITS ILLEGAL, AS IS LEASING
YOUR CONCESSION TO ANOTHER, OR OBSTRUCTING ACCESS.)
View of La Madera Beach looking
north towards town. Lot is below the white building. Access to
street "Calle Eva de Semano Lopez de Mateos," a dead
end steet on the top of La Madera Beach, is via a 20M long 3M
wide paved public "andador" or walkway. Due to the fact
that two cars could never enter this narrow lane at one time,
the City authorized a waiver so no parking spaces are necessary.
Parking is available 50 meters from the lot on Calle Eva De Semano
Lopez Mateos.
Lot slopes and provides excellent
oceanview
*All
the coconut trees and foilage are in the lot. This is a view of
two neighbors of the lot; look at views from
Paradise Apartments
which is the one of the left. The restaurant is a
concession on zona federal, to it's right is the zona federal
which pertains to lot 20. See next photo
Access to street above by a twenty meter driveway paved, (complete
with staircases) with Satillo tiles, A 30K IMPROVEMENT
*This shows the 300 Square meters of federal
zone concession (This is the land that touches the beachfront
perimeter of the lot and proceeds out towards the ocean. For a
small yearly fee one can build a pool, restaurant, beach club,
garden on zona federal)
Northern end Playa Madera, the chaises pertain
to the Restaurant La Bocana seen in third photo, giving sense
of how close lot is to the entrance to the esplanade leading into
town (five minute walk along coves) Casa Puro is the house with
the palapa roof.
Along the Esplanade, A FIBASE or City improvement built in the early Nineties after Leigh Helen Roth
petitioned its creation, while petitioning the paving of Calle Eva Semano Lopez Mateos.
Drawing by Architect Enrique Zozaya
for unrealized project "Lorolandia" which was later
altered to a twelve unit complex. The anteproyecto is available
if buyer wishes to work with Arch. Zozaya.
Enrique is a young genius who along with
Enrique Muller built Hotel Que Canta, newest condos at Villa Del
Sol Hotel, and many of our most
impressive homes.
Hotel Casa Que Canta
For 20 years I have been marketing my and
other beach properties in Zihuantanejo.I receive hundreds of queries
a month from people desiring beachfront accommodations. A well marketed property runs
80% full in high season and 50% in off season. The demand will
only increase as Zihuatanejo becomes more well-known. This is
a fantastic opportunity for someone with the capital to build
a bed and breakfast, or apartment complex, or dream home. We can
serve as consultants in your endeavor.
On the map below, please note observations as follows:
17 is Casa Leigh y Loros, 18 is Bungalows Allec, 19 is Bungalows Sotelo.
21 is a landlocked empty lot for sale which would be good addition to 20,
22 is Bahia Suites, 23 is a private home, 24B is Suites Paraiso. Note that
21 and 23 are Bungalows Madera, and 25 is a five bedroom Villa bult by Arch Lorenzo sold for
one milion dollars three years in a fire sale
Comparables;
Bungalows Sotelo HAS
ONLY FEW METERS ZONA FEDERAL, is for sale for 1.5 million, wil
require 50k in demolition costs IS ON 333 M2
--There is a mountain
side lot across from Casa Leigh y Lorsos, between 'Super La Rana,'
M2, for X PESOS
--Across street from
Hotel Las Brisas there is a three story building built by Jonas Abarca for sale
for 600,000USD. The bottom owner unit is two bedroom, the upper
units are one bedroom. There is no regimen of condominios or subdivide
so purchasers of unfinished upstairs units can take title, such Notary work would cost about
30,000usd. There is a small pool. To access upstairs units, there
was built a staircase in owner's unit. There is no breeze. I once lived in a building on this lot before current owners bought it and demolished it.
It was the hottest place I ever lived in, air conditoning bills would average about 200.00 amonth and
no view. It competes with the most popular mid range hotel in Zihuatanejo Brisas del Mar.
The Villa built on lot
25 built by Arch Lorenzo about 12 years ago was sold approximately
three years ago for 1 million dollars in a fire sale. It is about
14 years old. Shows that Villas are not as valuable as a income
producing hotel or condominim project
EXPECTED Return on
Investment
In the scenario of building
12 units with top Arch. using best acabados or finishings, the
costs, which includes plans and supervison by Arch, and his engineers
andmaestros de obra, is 1200 pesos m2 x M20 TOTAL CONSTRUTION WOULD EQUAL 1320. SINCE ONE TENTH
OF THAT TOTAL WOULD BE EXTERIOR CONSTRUCTION OR
130 M2 AT 900.00 THE M2 TOTAL CONSTRUCTION COST OF THE COMPLEX WOULD COST ONE MILLION FOUR HUNDRED
THIRTY SEVEN THOUSANDS DOLLARS.
Add cost of pool 30,000
Building permit cost
tba
Regimen of Condominio/subdivide
Notary work so you can give title to buyers tba
Use figure of 700,000.OO
usd x 12 Average over time to complete construction, one year If
money is available, plus years to sell units to figure return. WOW AM I HALLUCINATING
IS THAT EIGHT MILLION GROSS AFTER COSTS OF ABOUT TWO MILLION EIGHT HUNDRED THOUSAND PROFIT CANNOT BE 6 MILLION.
ES, GUYS THIS IS ONE HELL OF A GOOD DEALS. FOR CREATIVE FINANCING WITH GENIUS CO CONSPIRATOR PETER HANSEN BERKELEY BROKER WHO TAUGHT ME ALL I NEED TO KNOW TO INVEST IN REAL ESTAE
on investment annually.
View of La Madera Beach looking
north towards town. Lot is below the white building. Access to
street "Calle Eva de Semano Lopez de Mateos," a dead
end steet on the top of La Madera Beach, is via a 20M long 3M
wide paved public "andador" or walkway. Due to the fact
that two cars could never enter this narrow lane at one time,
the City authorized a waiver so no parking spaces are necessary.
Parking is available 50 meters from the lot on Calle Eva De Semano
Lopez Mateos.
*All
the coconut trees and foilage are in the lot. This is a view of
two neighbors of the lot; look at views from
Paradise Apartments
which is the one of the left. The restaurant is a
concession on zona federal, to it's right is the zona federal
which pertains to lot 20. See next photo
