Are you considering investing in a property near the beach in the picturesque San Vicente? The allure of beachfront living is undeniable, but before you make a decision, it’s crucial to weigh the pros and cons. In this article, we’ll delve into the options available to you: beachfront properties and commercial lots near the beach. Each option has its own set of advantages and limitations, so let’s explore which one might be the best fit for your investment goals.
Understanding Beachfront Challenges:
Beachfront properties in San Vicente offer breathtaking views and a unique ambiance, but they come with specific challenges that potential investors need to consider:
- Stringent Setback Regulations: San Vicente enforces a setback of 50 meters from the high tide point, twice the usual setback in most coastal areas. This non-buildable zone is a proactive measure against the impacts of climate change. While this regulation is beneficial for the environment, it can significantly affect smaller properties.
- Public Amenities: Proposed plans for a bike lane approximately 50 meters from the high tide point might increase foot traffic but could pose challenges for resorts aiming for exclusivity.
- Development Restrictions: Only movable, non-permanent, and lightweight improvements are allowed within the first 50 meters from the high tide point. Permanent structures can be built only after the first 100 meters. For investors with limited beachfront space, this can hinder the development of larger resorts or restaurants.
Considering Commercial Lots Near the Beach:
On the other hand, commercial lots near the beach offer a different set of opportunities and challenges:
- Cost-Effectiveness: Commercial lots near the beach are generally more affordable than beachfront properties. This affordability allows investors to acquire larger plots of land, providing ample space for development.
- More Developable Areas: Unlike beachfront properties, commercial lots offer greater flexibility in terms of construction. Investors can build a variety of structures without the stringent setback regulations, enabling them to maximize the land’s potential.
- Fewer Restrictions: Commercial lots enjoy fewer restrictions, making the development process smoother and potentially faster. Investors can implement their vision without being hindered by extensive regulations, allowing for creative and diverse projects.
Making the Right Choice:
The decision between a beachfront property and a commercial lot near the beach ultimately depends on your budget, long-term goals, and willingness to navigate regulatory challenges. If you have the financial means to invest in a sizable beachfront property, it can offer unparalleled exclusivity and a unique atmosphere. However, if you are looking for a more cost-effective option with fewer limitations, a commercial lot near the beach might be the ideal choice for you.
Consider your investment objectives, conduct thorough research, and consult local real estate experts to make an informed decision. Both beachfront properties and commercial lots near the beach have their advantages – the key is to align your investment choice with your vision and budget.
Whether you opt for the tranquility of a beachfront property or the versatility of a commercial lot near the beach, San Vicente’s beauty and charm will undoubtedly enhance the value of your investment. Take your time, weigh your options, and embark on this exciting journey with confidence, knowing that you’ve made the choice that aligns perfectly with your investment goals.