The Lot

Prime Caribbean beachfront resort site available in Puerto Morelos. 21 miles South of Cancun and 19 miles North of Playa del Carmen.

This unique parcel has a beautiful white sandy beach and faces the second largest barrier reef in the world “The Great Mayan Reef”, providing panoramic views of the Caribbean sea and waves breaking over the reef.

The location is approximately 900 meters south of the main square of Puerto Morelos village and 200 meters north of the El Cid deep water marina.

It is bordered by the El Cid Resort master plan project and it neighbors on the north with the Caribbean Reef Villas private condominium. At the same time the El Cid project is bordered on the west by a large national ecological reserve and on the south with two new Five Star luxury resort developments (under construction).

The lot has the perfect shape for beachfront development, approximately 1,312 feet (400 ms.) of undeveloped beachfront with an average of 656 feet (200 ms). of depth, to total approximately 18.92 acres (76,586.53 sq. ms.).

Its authorized zoning is 50 hotel keys per hectare 20.3 keys per acre (a hotel key is defined as a bedroom with a bath) in maximum 4 level height buildings.

The current authorized density allows the possibility to build 383 all beachfront luxury hotel rooms or 192 all beachfront two bedroom 2 bath condominiums.

Price

18.92 Acres X $1,800,000 USD / Acre = $34,081,000 USD

$445 / m2 X  76,586.53 m2= $34,081,000 USD