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PLAYA PALMELLA... OVER 6 KM OF BEACH PLUS AREA FOR MARINA AND LANDING FIELD. THE PRIME COASTAL DEVELOPMENT PARCEL.
This large TITLED property, with legal 22.5 meter setback from high tide line, has an area of 156 hectares (385 acres). There is also a derecho in place to apply for a further 56 hectare concession, granted by escritorio (see your attorney for clarification). Playa Palmella is surrounded by water, estuaries, mangroves and the Pacific Ocean, so is legally classed as an island. The beach area itself is more than 6 kilometers long! A large property such as this is increasingly rare today. A combination of resorts, vacation homes, condos, etc. are possible here as is a landing field for smaller aircraft. The land is fertile and will support much varied vegetation with the surface being flat 98% and 2% semi-flat with trees and shrubs. The protected area behind this property has space for a large marina for yachts and sailboats.
This parcel is held by a S.A., meaning the taxes due are less. The buyer will purchase the Sociadad Anonima, whose only asset is the parcel. Contact your Attorney for clarification.
Offered at $ 10,000,000. The seller now wishes to be negotiable to a cash buyer.

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