Rare investment opportunity in Gringo Hills above Costa Azul, adjacent to Querencia, shops, and the San José Art Walk. Large lot with approved development potential for up to 4 stories and ~18 units--ideal for boutique hotel or multi-unit rental. Includes a two-level main home with 3BR/2.5BA on the upper level and 2BR/2.5BA on the lower level, plus two detached casitas (2BR/2BA and 2BR/1BA), currently generating ~$8K USD/month. Key advantage: established infrastructure with multiple (4) CFE electrical connections, dual municipal water lines, 19,000L cistern, and intelligent water system--reducing development cost, risk, and timelines. Scalable, income-producing asset with strong upside in a prime location.

• Water source
  Municipal
• Primary View
  Ocean
• Secondary View
  Mountain
• Furnished
  Furnished
• Style
  Duplex
• Electricity
  CFE
• Interior features
  Storage Area
• Kitchen appliances
  Refrigerator, Range, Oven, Microwave, Dishwasher
• Exterior features
  Terrace, Pergola, Palapa, Fountain
• Property type
  Houses