Rare investment opportunity in Gringo Hills above Costa Azul, minutes from Querencia, shops, and the San Jose 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-story main home (3BR + 2BR units) and two detached casitas (2BR/2BA and 2BR/1BA), generating ~$8K USD/month.
Key advantage: established infrastructure with multiple CFE electrical connections, dual municipal water lines, 19,000L cistern, and intelligent water system--reducing development cost and timelines.
Scalable, income-producing asset with strong upside in a prime location.