Nautica is a luxury development opportunity located on titled beach front in Playa Brasilito, beside the Westin Playa Conchal at Reserva Conchal. This project is fully permitted so your can start building today and realize your ROI faster. This 133 acre (53 hectare) site is zoned for tourism, commercial and condominium use, and has 246 feet that is parallel to the beach, with a road in between. The active building permit allows for 6, 9-story towers that could be built as condos, hotel rooms, or any combination of use. The plans also include a 600,000 gallon pool, exercise center, spa, and recreation area. Another permit is in place to build 45 courtyard homes. There is much more land behind the tower site, some with spectacular ocean views, for future development potential, including two more hotel sites. Nautica already has an approved water association and large quantity of potable water, which will easily supply the development and all the amenities. The property has 1,200 feet of high traffic road frontage, plus three administration buildings with phone lines and high speed internet in place. The property includes a very successful beach restaurant – The Happy Snapper, which bring in high-end traffic. The operating, restaurant, and liquor licenses are included in the sale. The restaurant is currently leased out and the current management is eager to renew their lease. You won’t find another development property available in the area with this much potential and ready to start building today. Download the Property Brochure for more information.