This property is located in the newest area of development in the North of the Bay of Banderas. The new La Cruz Marina of which will be the largest marina in all of Mexico is a 5 minute walk away. This marina will slip 386 yachts when it rolls out in late 2007 early 2008.
The Marina is bringing all sorts of restaurants and shopping to the area. New condo projects as well as villas are being built. The property is zoned to build as much as 6 levels of construction and being one block back from the ocean would provide breath taking views.
The property is currently being rented on a short term basis with many of the guests being repeat business. You could easily build more units and increase the revenue stream by 4 times the current amount with very little investment in construction.
Many options are available to the new owner as the area is in a boom. Doing research on what happens to areas when a Marina of this magnitude comes into production is almost as big as a gold rush! Bring your yacht to anchor and enjoy the tranquil atmosphere of La Cruz!