MLS ID: CAR7896 - Rio Condor 30
- USD 1,650,000
This 23,028 m2 property is located in Rancho del Oro. One of Ajijic most prestige’s areas.
You are surrounded by million-dollar properties that offer incredible views and high security!
Condors View property line puts you at the highest buildable point in the mountains of Ajijic.
Yes, this property’s location in Rancho del Oro, Ajijic is second to none! You will be the King of the mountain!
Let me explain to you what this property has to offer to give a clearer idea of the value our pricing offers for the purchaser of this gem.
THE MAIN HOUSE IS OLD BUT SOLID AND OFFERS…
• Master bedroom with a walk-in closet and full bathroom. Lake views from your room.
• A guest Room is on the opposite end of the master, has its own built-in closet, and shares a full bathroom with guests in the hallway.
• The hallway is full of closet space and gives another entry to the home.
• Large Office at the west end of the house with panoramic views of Lake Chapala, a secret doorway to a vault, and a full bathroom.
• The elongated kitchen has its own eating area and connects with the very large pantry, laundry room, and office.
• The living room is large and has a sizeable fireplace for those cozy winter months with lake views.
• The 17-meter covered terrace with a breath-taking panoramic view of Chapala Lake is the perfect place to eat drink entertain or just relax and listen to nature.
• The grass in front of the terrace is always green and the pool is solar heated. Perfect place to have a view of both the lake and the mountains behind you.
• There are 2 separate large garages for 1 car each totally detached from the main house and standing as a structure of its own.
• Separated but connected with the main house is a studio with its own bath and cooking area. This room offers a dream-like view of the mountainside with Lake Chapala.
• The main house is equipped with solar water and a solar pool heater. The whole of the property uses solar energy for electricity.
• Located at the main entrance of the property has recently been remodeled.
• It’s a two-story with two bedrooms and bathrooms upstairs.
• The kitchen and living room are connected and there is a half bath below.
• The covered front terrace is a very nice feature of this casita.
• It has its own washer, dryer, stove/oven, refrigerator, and solar water heater. Brand new.
• As a final note, a new septic system was recently installed.
• is not much to talk about and needs a total haul over. It is independent, large, and with spectacular views of the mountains and lake.
• produces its own solar energy and…. has its own CFE-certified transformer on a pole installed near the main house.
• is connected to municipal water with a brand-new cistern, pump, electrical, and tubing at the entry point of 20,000 liters that pumps up to an 80,000-liter cistern to supply water to all the property.
• is fenced with concrete stakes…over 600 meters of fencing.
• has a private road which is paved, approx. 1000 m2 from the main entry gate to the main house and casitas. Needs some repairs but is fully useable.
• has a considerably large storage shed for all the gardening.
• has its own security cameras, automatic gate openers, phone line, and high-speed internet.
IMPORTANT INFORMATION BELOW:
• The property has three titles that total 23,028 m2. It is being sold as one. No exceptions!
• Deed one is titled Urban and can be built on. Total of 4,661 m2 (Main house and all structures except Casita 2 falls under this deed)
• Deed two is titled Urban and can be built on. Total of 7,184 m2 (Casita 2 is included in this deed)
• Deed three is Rustic land and cannot be built on immediately, permits are needed. However, you can plan and improve it. Total of 11,183 m2 (This is the uppermost portion of the property, with Incredible views of Lake Chapala).
RAW LAND VALUES IN RANCHO DEL ORO: SOURCE; WWW.CHAPALAMLS.COM AUGUST 2022.
• SOLD 2020: Rio Condor, Rancho del Oro… 1,306 m2 with 35% use for a price of $143,000 USD. ($109 USD per m2)
• SOLD 2021: Callejon de la mina, Rancho del Oro… 706 m2 for a price of $219,000 USD ($310 USD per m2)
• SOLD 2022: Callejon de la mina, Rancho del Oro… 568 m2 for a price of $190,000 USD ($334 USD per m2)
• ON MARKET 2022: Rio Orinoco S/N, Rancho del Oro… $2,000 m2 with 15% use for a price of $165,000 USD ($82.50 USD per m2)
• ON MARKET 2022: Rio Amazonas, Rancho del Oro… $660 m2 for a price of $149,000 USD ($226 USD per m2)
Prices are soaring and they will not come down anytime soon in our area!
We are offering 23,028 m2 of land with over 668 m2 of total construction along with fully functioning infrastructure at a price of $1,650,000 USD ($71 USD per m2).
AS YOU CAN SEE, THERE ARE MANY INVESTMENT POSSIBILITIES WITH THIS PROPERTY.
• When you buy it, you will have already made money, as it is being sold considerably below market value. GOOD INVESTMENT!
• Use it as it is or rent it out. Everything works and it will increase in value with time. GOOD INVESTMENT!
• Remodel and upgrade everything. Your property will increase in value by 200% of your investment. GOOD INVESTMENT!
• Keep the Main House with Casita 1 and make more homes for sale on the rest of the property. EXCELLENT INVESTMENT!
• Permits and zoning allow the owner to build at least 6 homes on deeds 1 and 2 together. EXCELLENT INVESTMENT W HIGH-PROFIT MARGINS.
CURRENT MONTHLY EXPENSES FOR PROPERTY:
Property Caretaker: Lives on premises in Casita 2 $ 8,000 pesos
Pool Cleaner $ 1,500 pesos
Gas $ 500 pesos
Electric (CFE) $ 200 pesos
Phone/Internet $ 800 pesos
CURRENT ANNUAL EXPENSES FOR PROPERTY:
Water $11,000 pesos
Property Tax (for the three deeds) $17,500 pesos
TOTAL MONTHLY EXPENSES INCLUDING PROPERTY TAXES WATER AND CARETAKER FOR THE PROPERTY IS APPROX. $12,500 PESOS MONTHLY. LESS THAN $625 USD PER MONTH!
For those who have the money, I believe this to be the best investment in Ajijic today!
AddressOpen on Google Maps
- Address Rio Condor 30, Rancho Del Oro, Ajijic, Jalisco
- City Chapala
- State Jalisco
- Zip/Postal Code 45920
- Area Ajijic (West)
- Country Mexico
- Property ID: CAR7896
- Price: 1,650,000
- Property Type: Residential
- Property Status: For Sale
- Construction m²: 688
- Lot Size m²: 23,000
- Bedrooms: 7
- Bathrooms: 8
- Half Baths: 1
- Solar Hot Water System
- 110v Electrical
- Septic Tank
- Solar Electric System