Barlovento Project, Cabo San Lucas, ­ ­

$1,150,000
4,842
SqFt

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List Price
$1,150,000
Days on Market
65
Status
ACTIVE
MLS#
26-2523
Living Area
4,842
Style
Multiple Levels

Property Description

Barlovento Project presents an exceptional investment and development opportunity for investors or developers looking to immediately resume construction upon acquisition. This shovel-ready development includes an active construction permit valid for the next 3 years, significantly reducing timelines, administrative delays, and pre-development costs commonly associated with new projects.The sale includes the land, architectural plans, structural plans, and installation projects for the development of 7 two-bedroom, two-bathroom condominiums, plus 1 three-bedroom, 2.5-bathroom penthouse unit. The project also contemplates one parking space per unit, elevator access, a 5,000-liter cistern with the possibility of expansion according to the developer's needs, and a thoughtfully designed rooftop amenity area featuring a swimming pool and designated gym space.According to the developer, water and sewage feasibility studies have already been completed, adding additional value and certainty to the project. The development has already been approved by the municipality, allowing a future owner to avoid lengthy permitting processes, government approvals, and associated carrying costs. Previous investments in planning, licensing, and initial construction progress have already been completed by the current owner, creating a rare opportunity to continue development immediately with substantial time and cost savings.Designed to offer modern amenities and strong market appeal, Barlovento Project represents an ideal opportunity for developers, rental investors, or those seeking a multifamily development opportunity in one of the fastest-growing markets in Cabo San Lucas.

Additional Information

Area
Csl-Centro
Subdivision
Centro
Neighborhood
Centro
Stories
5

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*All MXN prices are approximate based on daily exchange published by BANXICO. / Todos los precios en MXN son aproximados en base al tipo de cambio diario publicado por BANXICO.

NOM 247: The prices contained in this website are in DOLLARS (US Currency) and in accordance with article 8 of the monetary law, the final price for recordation purposes will be converted into PESOS resulting from the official exchange rate on the date payment is due. In accordance with NOM 247, prices shown in DOLLARS can be converted into PESOS by accessing the following link and performing the corresponding arithmetic multiplication per the current exchange rate.

https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=en

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NOM 247: Los precios contenidos en este sitio web están en DÓLARES (moneda de los EUA) y de conformidad con el artículo 8 de la ley monetaria en vigor, el precio oficial a registrar en la escritura será el de PESOS que resulte del tipo de cambio oficial en la fecha que el pago sea obligatorio. De conformidad con la NOM 247, los precios en DÓLARES se pueden consultar en PESOS mediante la multiplicación aritmética del precio mostrado en DÓLARES por el tipo de cambio en vigor para solventar operaciones en dólares moneda de Los EUA.

https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=sp