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Ocean front lot near Manta - Affordable! (Punta Blanca)

Manta, Manta, Manabí, Ecuador

Basic Listing Information

Price:
$76,500
Listing ID:
LL2000143
Property Type:
Home Construction Site
Listing Type:
Land Listing
Status:
Active
Images:
6
Location Type:
Oceanfront
View Type:
Bay View, City View, Beach View, Ocean View
Total Lot Size:
1,275.00 m² (13,723.93 sq ft)

Listing Images

I know, this is not something you will hear often. A large lot on the ocean and not at a large price. We have a very motivated seller. These are two adjoining lots being sold in one deal. Total square meters is 1,275. The location is on a point with over 25 meters at the ocean. You will have a beautiful view of the Manta skyline. Please keep in mind this is currently zoned residential ONLY. So, here's what I found out. Before accepting this listing I checked on comps as this is not an area I am very familiar with. The seller told me what they wanted. Not only did I find what they wanted was fair, but more than reasonable. I found three comps. Comps on land are done by cost per square meter. One lot is very large and will become a small community. A few lots will be on the ocean but most will not be. So you have to buy all or nothing. They want $10 more per m2 than the seller of the ocean front lot I am offering. The second lot which has a nice location but also not on the ocean, same thing $10 more than the lot I am representing. The third comp is a walled lot. This seller gave me a price that pretty much says they don't want to sell. I'll leave the price unknown because it wasn't reasonable. The seller of this lot wants it sold fast. They want $60/m2. Two of the three comps quoted $70/m2. Neither of the two suggested any flexibility. This could work out to be a nice investment. This is a great find. There is a very limited amount of ocean front land to start with. Super close to Manta which has an airport. At $60/m2 $76,500 At $70/m2 $89,250 You could also build on the large lot and sell off the smaller lot if you don't want this much space. Let me know if you have an interest or questions. I am available to Skype for details too.

See what the agent says about this listing (original title and description):

Ocean front lot near Manta - Affordable! (Punta Blanca)

I know, this is not something you will hear often. A large lot on the ocean and not at a large price. We have a very motivated seller. These are two adjoining lots being sold in one deal. Total square meters is 1,275. The location is on a point with over 25 meters at the ocean. You will have a beautiful view of the Manta skyline. Please keep in mind this is currently zoned residential ONLY. So, here's what I found out. Before accepting this listing I checked on comps as this is not an area I am very familiar with. The seller told me what they wanted. Not only did I find what they wanted was fair, but more than reasonable. I found three comps. Comps on land are done by cost per square meter. One lot is very large and will become a small community. A few lots will be on the ocean but most will not be. So you have to buy all or nothing. They want $10 more per m2 than the seller of the ocean front lot I am offering. The second lot which has a nice location but also not on the ocean, same thing $10 more than the lot I am representing. The third comp is a walled lot. This seller gave me a price that pretty much says they don't want to sell. I'll leave the price unknown because it wasn't reasonable. The seller of this lot wants it sold fast. They want $60/m2. Two of the three comps quoted $70/m2. Neither of the two suggested any flexibility. This could work out to be a nice investment. This is a great find. There is a very limited amount of ocean front land to start with. Super close to Manta which has an airport. At $60/m2 $76,500 At $70/m2 $89,250 You could also build on the large lot and sell off the smaller lot if you don't want this much space. Let me know if you have an interest or questions. I am available to Skype for details too.

Long Description

I know, this is not something you will hear often. A large lot on the ocean and not at a large price. We have a very motivated seller. These are two adjoining lots being sold in one deal. Total square meters is 1,275. The location is on a point with over 25 meters at the ocean. You will have a beautiful view of the Manta skyline. Please keep in mind this is currently zoned residential ONLY. So, here's what I found out. Before accepting this listing I checked on comps as this is not an area I am very familiar with. The seller told me what they wanted. Not only did I find what they wanted was fair, but more than reasonable. I found three comps. Comps on land are done by cost per square meter. One lot is very large and will become a small community. A few lots will be on the ocean but most will not be. So you have to buy all or nothing. They want $10 more per m2 than the seller of the ocean front lot I am offering. The second lot which has a nice location but also not on the ocean, same thing $10 more than the lot I am representing. The third comp is a walled lot. This seller gave me a price that pretty much says they don't want to sell. I'll leave the price unknown because it wasn't reasonable. The seller of this lot wants it sold fast. They want $60/m2. Two of the three comps quoted $70/m2. Neither of the two suggested any flexibility. This could work out to be a nice investment. This is a great find. There is a very limited amount of ocean front land to start with. Super close to Manta which has an airport. At $60/m2 $76,500 At $70/m2 $89,250 You could also build on the large lot and sell off the smaller lot if you don't want this much space. Let me know if you have an interest or questions. I am available to Skype for details too.

Details
Total Lot Size: 1,275.00 m² (13,723.93 sq ft)
Geography
Location: Manta, Manta, Manabí, Ecuador
Country: Ecuador
State: Manabí
County: Manta
City/Town: Manta
Location Type: Oceanfront
Geographic Type: Coast
View Type: Bay View, City View, Beach View, Ocean View
Infrastructure
Street Access Type: Unpaved Road
Type of Water: City Water
Type of Electricity: Public
Sewer Available: No
Internet Available: -
Television Available: -
Financial/Legal
Price per Square Meter: $60.00/m2 ($5.57/sqft)
List Price: $76,500
Ownership Type: Personal

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Agent Information
Roselyn Kristen
Roselyn Kristen

Roselyn Kristen

roselynkristen79@gmail.com

Roselyn Kristen

Phone:
+593 0984136391
Cell Phone:
+59-3-984136391
Office Phone:
+593 0984136391
Agent Contact