San Pancho Development
$ 5,999,000 USD
San Francisco, Nay, Residential or Resort Development.

This is an opportunity to acquire a 149,432 Meter ( 36.93 Acre ) ocean front parcel located 35 minutes north of the International Puerto Vallarta airport in the tropical coastal town of San Francisco, Nayarit. The property includes an 18 room beachfront hotel, 10 villa/suite accommodations and a 2 bedroom, 3 bath 1500 square foot hillside villa, restaurant, pool and offices. The developed portion of the property totals 17,596 Meters, or less than 12% of the entire parcel.

The property's topography consists of gradually sloping hillside as the elevation increases from beachfront pool and restaurant and features panoramic ocean and mountain views. Zoning is a combination of T/15 and T/5. Electricity, water and telephone service are available at the property location.

The town of San Francisco, or San Pancho as it is sometimes called, has developed a steadily growing high-end residential market. This parcel is surrounded by private residences in the million dollar and higher range.