NEW > Ocean View Raw Land Opportunity
If you have been looking to secure a prime parcel of ocean view property whether as a medium to long-term investment vehicle, or to find that perfect development location, look no more. Situated in the hills above the beach at Brito, just seven kilometers northwest of Tola, this spectacular parcel offers sweeping views of the Pacific and the dramatic coastline both north and south. Location is everything, and this property could not be situated any better, only 2.5 klm from the beach.
The Association of the Developers of Tola officially announced recently, that an 18-kilometer stretch of beach between Tola and El Astillero will be known as “Riviera del Pacifico,” and more than $200 million in investments has been planned by at least eight major developers. This places the property in a very sought after location, and with the construction of the new coast highway planned to pass right by here, interest in this area is bound to increase exponentially.
Two parcels of land exist here, each containing 27.5-acres. The seller is offering option as follows: Each 27.5- acre parcel is priced at $357,500 and can be secured with a 50% down payment and 24-monthly payments of $7,447.91