This stand alone villa or townhome, or casita (whatever you want to call it) is cozy and comnfortable and is in the development of 7 other condos. It is a good use of space, built really for a single person or couple. It also could make a good airbnb.
It has 2 bedrooms, the lower one is small about 10 feet by 8 feet, able to fit a bed and dresser. The upper bedroom has a nice view with a private terrace and good views both of the ocean and mountains behind. This bedroom is long and a little narrow on one end, but it works with views.
On the main floor is the kitchen, good sized considering, with a built in table. It also has the good sized bathroom and living space which opens to a terrace. In the sala or living room is a floor to ceiling picture window, this villa has great natural light.
The development itself is in Pyramid section of Plaza del Mar, and is oceanfront. The owner will full access to the federal zone where the views are the best and access to a 15 man Jacuzzi swim spa. There is also a planned and yet to be completed steam room and an adequate workout area. The development also has solar panels and as of now the HOA is paying any additional electrical cost, which so far have been next to nothing. The total HOA is $1,000 per year as of now and is run as a committee of all 8 owners able to vote according to the number of shares their unit has. The title is escrituras however they are in a Mexican corp which owns and holds title. You will buy shares in the corporation and receive shares as proof of ownership, just like a coop in the USA. This makes the transfer of title quick and mostly cost free. And no need for annual bank trust payment.
The HOA also pays the predial or property tax bill, so the $1,000 per year HOA fee is actually saving you money when you calculate in a predial an electric bill, a water bill and possible a bank trust as ongoing expenses. It is really a great way to own the property.
And did I mention the views
