• $3,000,000

This ocean view ranch in famous Playa Morrillo is a wonder to behold. Running fresh water streams, rolling hills, jungle patches, and views of the National Park Cerro Hoya as well as offshore islands that will drop your jaw. With numerous level portions of the ranch, easily accessible by surrounding dirt roads, this property is an easy option for development of a home(s) upon various sites as well as commercial plazas, etc. Located just a few minutes walk to a beautiful sand beach, and 30 minutes from the town of Mariato, this property is located within an area that is already growing in popularity and value, and is sure to rise even more so in the future; offering the investor an incredible location for their dream home, real estate development opportunity, or a raw land investment that will provide a
​huge return in the future. There are plans for a residential development adjacent to this property on another ranch which will bring infrastructure, foreign investment, attention, and increasing property values for the Morrillo zone. The new road being constructed down the Mariato coastline which has begun and set to complete by 2022 at the latest will also mean great things for this region and property owners in Morrillo. Current drive time to the city of Santiago is 1 hour 45 minutes due to road conditions, but upon completion of new road this drive time will likely be reduced to 1 hour. Out of all the regions of Mariato district, Morrillo is the location we predict will see the most increase in property value, and creation of a classic beach/surf town with residential projects, beautiful beachfront houses, hotels, hostels, commercial plazas, and more.