This property is a villa for sale in Puerto Escondido, Oaxaca Mexico. The villa is in the neighborhood of Bococho. This building was designed and is owned by a 64-year-old artist from Santa Cruz California. This building was designed and is owned by a 64-year-old artist from Santa Cruz California.

Currently the property is being called Casa Luna y Sol. This building includes three floors. The first floor includes two standard sized rooms and a one-bedroom unit, all with complete accoutrement.

The second floor is a two-bedroom apartment with a full kitchen, all fronted with a large connecting deck overlooking the ocean. This floor could easily accommodate another room, effectively making it a three-bedroom unit and still have a very large ocean view patio. The second floor area is 2,000 square feet.

The third floor is unfinished. There is a roof, roughed-in plumbing and electrical but the floor is unfinished and there is no floor plan. As a consequence, this floor lends itself easily to any configuration.

Outside the living area of this building there is a large entry through a well-designed steel gate. There is a small caretaker’s residence on the right side of the entry. To the left there is a two car park area, again, with a well-designed steel gate. As you walk through the entry there is a large cement spiral staircase to the right which leads to the upper floors, beneath which is a fountain. As you walk through the breezeway, the ocean comes into view, and the empty beach below. The two single units are down the left and the two-bedroom apartment is on the right. There is a covered patio that’s 8 foot wide and in the center is the pool.

In its current condition the building will produce, based on 60% occupancy, $95,916 per year without the development of the third floor. At 100% potential, this property will produce $159,860 per year without the development of the third floor.

This yearly operational expense and income of this business is described in the Excel attachment [ download ]. The administration costs of this business do not change dramatically with higher occupancy.