Small Developers Welcome ! - Land for Development, Real Estate - Playa Del Carmen, Quintana Roo, Mexico

Members Only:
Welcome to Kugli.com!

New to Kugli.com?
* Create Member Account!

Already a Member?
Login Below:
Forgot Password?

Popular Locations

* India
  * Chennai
  * North Delhi
  * Bangalore
  * Hyderabad
  * Gautam Buddha Nagar
  * Ghaziabad
* United States
  * Los Angeles
  * New York
  * New York City
  * Houston
  * Miami
  * Chicago
* Cyprus
  * Limassol
  * Nicosia
  * Paphos
  * Larnaca
  * Famagusta
  * Kyrenia
* Philippines
  * Makati City
  * Pasig City
  * Cebu City
  * Quezon City
  * Taguig City
  * Mandaluyong City
* Greece
  * Kalamitisi
  * Thessaloníki
  * Athens
  * Nikiti
  * Kalamariá
  * Glyfáda
* Kuwait
  * Kuwait City
  * Doha
  * Hawalli
  * Al Ahmadi
  * Abu Halifa
  * Mahboula

Small Developers Welcome !
Date & Time Listed: 2011-01-31 22:24:20 (GMT)

Posted in Categories: Real Estate, Land for Development
Posted From: Mexico, Quintana Roo, Playa Del Carmen

Ad Details:

This "Secret Garden" is in the heart of Downtown Playa Del Carmen, Mexico - ONLY 1 block from the famous 5th Avenue pedestrian walkway and ONLY 2 blocks to the beach... it is a beautiful private palapa home designed by a film production designer then it was renovated to become a tropical restaurant in the video you see at the blogspot below.
Retirement has closed the restaurant and the property must be sold, either as a tropical paradise home or a condo site with development potential for up to 14 condominiums to four levels, possibly even having ocean views from the fourth floor penthouses. Price of property reflects development potential and location, not existing structures.
Recent approval for 14 condos -
DO THE MATH !......
SELL -
12 x $200,000US + 2 x $300,000/penthouses = $3,000,000 GROSS IN
BUILD -
14 x 100m each x $800US/m/build MAX = $1,120,000 build + $650,000 land + $100,000 permits and misc = $1,870,000 US BUILD OUT
ROI -
$1,570,000 NET GAIN ! THAT'S OVER A 60% Return ! Don't miss this !
Check out the video for site information, and write for more location information and maps...
This Owner Must Sell Now - Owner Retired !!!
Keywords:

playa del carmen, location location location
More Ads Posted by Member

Photos:

Contact Ad Poster by E-Mail

Report Ad

*
* Wrong Category / Location
* Spam / Overpost

Safety Tips:
* Deal Locally with persons you can meet face to face - this is the most important tip!
* Avoid Sending Funds with Western Union, Moneygram or and other similar service
* Kugli.com is not an Escrow service, we are not involved in any transaction between our members.

Posted in Categories: Real Estate, Land for Development Posted From: Mexico, Quintana Roo, Playa Del Carmen

Posted in Categories: Real Estate, Land for Development
Posted From: Mexico, Quintana Roo, Playa Del Carmen