Description
Large lot with an existing multi-unit residence perfectly positioned on a hilltop in La Punta, Puerto Escondido. Earn immediate rental income from the 3 apartments of the main house and the artist’s studio. There is an incredible investment opportunity to split off the two extra lots on the ends of the property. Furthermore, the new owner can split the property into 4 separate lots for individual sale (house, studio, 2 bare lots).
This property offers stunning ocean views complemented by a lush, mature garden filled with fruit trees. Ready for occupancy or rental, this home includes three self-contained apartments each boasting its own bedroom, bathroom, and kitchen.
The separate artist’s studio adds potential for conversion into additional living spaces or a creative retreat. Just a short walk from dining spots and the beach, Casa Amarillo promises a serene and convenient lifestyle.
Exceptional features like maintenance-free exteriors and modern amenities ensure a carefree living experience. Explore the possibility of expansion or enjoy the existing tranquility of this exquisite property.
Main Features:
- Location: La Punta, Puerto Escondido, Oaxaca
- Property Type: Development opportunity, Multi-unit residence with artist’s studio
- Total Area: 1,200 m² land; 315m² construction
- Accommodation: 3 apartments; potential for additional units
- Amenities: Fully furnished, outdoor terraces, A/C in studio
- Special Features: Ocean views, mature fruit garden, high rental potential
- Asking Price: 13,050,860 Pesos MXN ($700,000 USD exchange rate of Sept 1st of 2025)
Demolition of existing structures and leveling of the lower lot to bare earth is estimated at $280,000 MXN. For complete debris removal from the property, please add $210,000 MXN to this estimate.
Other Property Features:
- Potential Airbnb rental income: -High season: $100-$140USD/night per unit, -Low season: $60-80USD/night per unit (estimated)
- 14,000 liter cistern
- 1,100 liter Tinaco under palapa
- Connected to CFE Electricity with 1 meter, space for more meters
- Connected to municipal water supply
- Laundry area with washing machine and outdoor clothesline
- 2 Large septic systems
- Lockable storage areas
- Stonework all around the property: stairs, retaining walls, pathways
- Mature landscaping providing shade with vast array of native trees & plants
- Easy and walkable access to all the highlights of La Punta
