Casa Milagro, Centro South, Puerto Vallarta

$799,000 USD $16,000,000 MXN

MLS#: 32690 Active 4304 sqft

Rare opportunity to buy four condos for the price of one! Located on the quietest street in the Romantic Zone… Casa Milagro, which means House of Miracles, provides just that.

This ”fixer upper” building is located in the heart of the Zona Romántica. With four units ready to be renovated and the potential to build a fifth, this space has the potential to become an attractive accommodation for tourists or to remodel, subdivide, and sell each unit separately.

” Unit 1: With 2 bedrooms and 2 bathrooms, this unit is perfect for enjoying a private patio, as it is the only unit with one. Lower level with just a couple of stairs.
” Unit 2: A cozy 1-bedroom unit with 2 bathrooms and a balcony. Half a level above street. Just a few stairs.
” Unit 3: Featuring 2 bedrooms and 2 bathrooms, along with 2 balconies. Large bedrooms and lots of light.
” Unit 4: Master unit with 2 bedrooms and 2 bathrooms, which also has access to a rooftop that can be remodeled to have jacuzzi, outdoor kitchen, terraces, bathroom and more.

The back terraces and rooftop have views of the city, mountains, and downtown.

Just an 8-minute walk with no hills from the famous Playa de los Muertos, this building is surrounded by vibrant local culture, with a variety of restaurants, cafés, and boutiques inviting you to enjoy coastal life.

Its structure is solid and the design can be finished to the investor’s taste. This building is a project that can adopt a rustic style unique to Puerto Vallarta. Imagine it transformed into a tourist retreat, an attractive Airbnb, or short- or long-term rental spaces that capture the interest of visitors from around the world.

Don’t miss this opportunity to invest in a piece of paradise.

La estructura sólida del edificio ofrece una base perfecta para renovaciones, permitiendo a los inversionistas maximizar el valor de la propiedad.

Los departamentos cuentan con buena iluminación y balcones o patio en el caso del 1er nivel, que permiten la entrada de luz natural y ofrecen vistas a la ciudad desde el 2do nivel. Además, el edificio tendría el potencial de poder construir un nivel mas y llegar a hacer un rooftop.

Este edificio es perfecto para convertirse en un desarrollo o condominios de lujo, o una propiedad de alquiler vacacional de alta gama. A un lado de este edificio, se remodeló otro edificio, el cual puede ser una referencia de remodelación.

Para más información, por favor contáctanos para agendar una cita. Se pueden mostrar los departamentos 2 y 4, ya que los departamento 1 y 2 están ocupados; para una 2da visita se pueden solicitar acceso a ellos.

El edificio no tiene manifestación de Construcción, mas sin embargo el dueño está dispuesto a realizarlo si hay una oferta aceptada; calculamos un estimado de 1 mes para que se concluya la manifestación de construcción y se pueda realizar el cierre de la propiedad.

Property details

List Price

$799,000 USD

$16,000,000 MXN

Property Type

Multi-Family

Total SqFt

4304

Lot M2

113.32


List Price MXN
16000000
Lot M
113.32
Lot SqFt
1219.32
Total M
400
Primary View
City
Secondary View
Street
# Units in Develop
4
Pre-Construction
No
Construction Manifest
No

Infrastructure and Utilities

Walls

  • Concrete

Road Type

  • Cobblestone

Electricity

  • CFE

Sewage

  • City

Location

Puerto Vallarta, Emiliano Zapata, Centro South

Centro South

The Neighborhood

Centro South

Puerto Vallarta is the go-to beach destination on the west coast of Mexico because of its tropical vibe and easy lifestyle. One of the best neighborhoods, which embodies the best … Read more →
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MLS Vallarta Nayarit All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of AMPI Vallarta Nayarit MLS and may not be the listings of the site owner. Data last updated: Thursday, October 31st, 2024, 07:18:13 PM