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Isla Navidad – $40,843,960 USD
A rectangular- like and flat lot on the beach, with almost 400 meters of beach front (1278 feet ) by approx. 700 mts. deep (2,296 feet), with a total area of 272,400 Sq. Mts. (2,932,086 Sq. feet) = 67 acres at 150.00 USD per square foot, total price, 40,843,958 USD.
There are several tourist hotels resorts in the area, among the most important is the world-wide famous ISLA NAVIDAD RESORT, GRAND BAY HOTEL, located only 8 minutes driving from this property (or even closer by walking through the beach), is considered one of the most beautiful Tourist Establishments in the world and the best hotel in Mexico. It has its own Marina & yacht club, a 27 holes spectacular Golf Course, the biggest in Latin America, located between a lagoon and sea shores, designed by the world wide famous ROBERT VON HAGGE. The international Airport is just 25 kms(15.5 miles) away. There are good roads to the Airport and to nearby towns and cities: BARRA DE NAVIDAD (10 min), CIHUATLAN (20 min) PUERTO VALLARTA (3 hours) and MANZANILLO (40 min), and an excellent TOLL ROAD from there to COLIMA CITY (1 hour) and GUADALAJARA (3 hours). Manzanillo is also the second biggest tourist and commercial HARBOR in Mexico.
This property was evaluated on December 7, 2005 at $ 150 dollars per squared meter ($ 13.93 dollars per square foot) by Eng. EFRAIN VILLA, a recognized and qualified professional bank valuator for Manzanillo & Barra de Navidad properties. This property could be the perfect place for a great Tourist and Residential Development. Actually there are several constructions in progress that will open in 2008 on this area. This property has its own TITLE or DEED (ESCRITURA), produced by the Government of the State of Jalisco, Mexico, and is up to date on property taxes (predial).