This property is one of a kind. Located in the north end of the town it is two properties north of the Sheraton Hotel. This property is right on the beach, contains two buildings, is 13 stories and contains 416 suites. The view is spectacular.

This property needs to be completed. Due to family circumstances construction was halted about 15 years ago and the heirs have decided to sell. This property was designed to be a 5 star hotel and was not developed to any particular Flag specifications. The plans included all amenities needed to make this a premier property. The exterior of the project is completed and ready for finished work. A structual survey was done and passed about 3 years ago.

Priced at $22,000,000 we feel that this property is undervalued especially after reviewing the financial projections which are very conservative. It will require approximately $12,000,000 to complete and finish to a new owners specifications. The way the property sits it can be entirely a hotel, hotel and time share or all timeshare. The top floors contain four huge Penthouse floor plans for owner or celebrity use. There is a significant amount of land attached to the property and has unlimited possibilities. In our opinion, there are no simular properties of this value available with this location and potential. This hotel is on our "highly recommended" list.

Spectacular ocean views.
Two buildings with Penthouse Suites.
Parking garage.
Boutique shop space.
Ample grounds.

Contact

Puerto Vallarta Properties Intl.
1344 S. Wright St.
Lakewood, CO. 80228
Colorado, USA
Phone: 303.986.8000
Fax: 303.986.0606
Email: Puerto Vallarta Properties

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