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$100,000 / 1500m2 - Endless Opportunities On The Pacific Coast (Olon, Manglaralto, Santa Elena, Ecuador)
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Just north of the world-renowned surfing mecca of Montañita, near the idyllic beachside community of Olon, 10 side-by-side lots are available for sale together or individually. The size of each lot is approximately 25 x 60 meters, and in total they create approximately 900 feet of prime frontage on the highway linking Ecuador’s Pacific coast from Salinas in Santa Elena Province in the south and Pedernales in Manabi Province to the north.
With spectacular 180-degree views and conveniently located on Ruta del Sol’s most-traveled section, these lots hold unlimited potential. Perhaps you want to build a dream vacation home just 200 meters from the ocean with perfect views of magnificent sunsets. Or perhaps all that tourist traffic gets your entrepreneurial gears turning, and you envision developing a mini-mall of 4 to 8 storefronts, renting out units to businesses such as a restaurant, hardware store, convenience store or market, surf shop, or beachwear store. You could have guaranteed income in paradise. The possibilities are endless!
There is additional property that when added to the 10 lots, totals approximately 2.5 hectares. The owner will sell the entire 2.5 hectares for $895,000 if purchased before the lots are surveyed and registered. Afterward each lot will be priced at $100,000 each or $1,000,000 for all ten.