$3,403,000

Located in the coveted Malecón area of La Paz, this exceptional property offers an unparalleled combination of waterfront location and development potential. With 49 yd of frontage along the iconic Malecón, this property guarantees permanent panoramic views of the Sea of Cortez, known as ''The Aquarium of the World.'' The property is strategically located, close to fine dining restaurants, boutique hotels and marinas for yachts, providing an ideal environment for luxury developments. Its privileged location on the waterfront promenade ensures convenient access to all the amenities La Paz has to offer. With zoning for vertical development up to 7 floors, this land represents an exceptional investment opportunity for: - Luxury Boutique Hotel:Create an exclusive accommodation experience with unparalleled sea views. - Premium Residential Condominiums: Develop luxury residences that attract both domestic and international buyers. - Mixed-Use Development: Combine residential units with high-end commercial spaces to maximize return on investment. - Resort Complex: Capitalize on La Paz's growing tourism market with waterfront facilities. La Paz is experiencing significant growth in the luxury real estate market, attracting international investors and visitors seeking a more authentic and exclusive alternative to more developed destinations. With its unique combination of natural beauty, modern infrastructure, and tranquil atmosphere, La Paz represents an investment opportunity with substantial appreciation potential. - Improved air access with direct flights from major U.S. cities - Continuously improving infrastructure including world-class marinas - Recognized by international travel publications as an emerging luxury destination - Political and economic stability compared to other development markets INVESTMENT ADVANTAGES - Irreplaceable Location: Waterfront on a malecón with strict development controls - High Demand: Growing market for high-quality waterfront properties - Favorable Regulations: Legal framework supporting foreign investment in properties - Appreciation Potential: Market in growth stage with significant appreciation potential - Diversified Returns: Opportunities for rental income and capital appreciation