Puerto Vallarta Properties

Presents

19 Unit Unfinished Condo Building
For Sale

The Blanco Building is located in the lower Conchas Chinas area. It is right on the main road and is built up, rather than down toward the water's edge. Because of the location and height, this building has fantastic views and has tremendous potential to anyone interested in finishing it off. Recent investors have calculated that each unit could be sold for around $350,000 - $450,000 USD when finished.

All 19 units have ocean views, are pre constructed to be two bedroom units, except for the penthouse,
and has a very large off road section for off street parking. We consider this property to be a diamond in the rough and well worth the asking price of $1.7 Million. If all 19 units were sold at $450,000 the gross profit would be $8,550,000. This leaves plenty of room to finish this property off, decorate it and turn an excellent profit. It also would make a great time share building.

Although this property has been on the market for about 2 years, there has been a strong, recent interest in the building. If interested please contact us with your Letter of Interest and request for information.