Paradise as it was intended!
Coral Beach is the finest residential community in Utila. White sandy beaches, turquoise water, and stunning coral reefs are just some of the natural wonders you will find here. Coral Beach Resort Community is the only residential community to offer a complete infrastructure to their clients. Property management, 24 hour city power, community water system, water taxi, vacation home rentals, boat rentals, SCUBA and deep sea fishing are just some of the features that make Coral Beach Resort Community a unique and wonderful opportunity.
This beachfront property (Lot 10) includes 120 ft of beachfront along the sandy southern shores of Utila. All the lots in this development are relatively large (more than 0.5 acres) ensuring your privacy. The lot has been cleared of scrub while retaining established palm and native trees.
Boat access via the lower lagoon entrance allows access into the center of Utila without regard for open sea conditions. Private Marina Slips are available at additional cost.
Note for prospective buyers
A good way to equate value of a beachfront property is to use a "cost per lineal foot". This cost is arrived at by dividing the number of ocean/beach front feet into the cost of the lot. i.e 120 feet of frontage divided into $180,000.00. In this particular case, $180,000/120= $1,500.00 per lineal foot.
Judging from comparable Utila Real Estate sales for the past 12 months, this number is at the low/middle portion of the market at this time.
In other words, this lot represents one of the better values for beachfront property lots available, at this time, on Utila.