Description
Excellent investment opportunity in Montilla, a growing residential area with strong development potential on the outskirts of David. This property offers the space, location, and potential needed for real estate projects or long-term investment.
The property consists of 4 hectares (approximately 9.88 acres), providing ample possibilities for a residential development, housing project, or strategic land investment in an area where several new developments are already underway.
Development Potential
This land has several characteristics that make it especially attractive for developers and investors:
- Ideal for residential development
- Adjacent to an already established residential community
- Borders the Montilla community recreational area (rancho comunal)
- Very close to other growing residential communities such as El Tecla
- Area with multiple residential projects currently under development
The presence of established communities and new projects nearby significantly increases its potential for appreciation in the coming years.
Strategic Location
The property offers excellent connectivity to key areas of the city:
- 2.8 km (approximately 1.74 miles) from the Pan-American Highway, allowing quick access to David
- 4.4 km (approximately 2.73 miles) from the entrance of City Mall
It is also located close to several schools and near the Ciudad Hospitalaria, making it attractive for residential development aimed at families and professionals.
This location makes the property especially appealing for those looking to develop a residential project close to the city while still enjoying a quieter environment with easy access to essential services.
An excellent opportunity to invest in a property with significant size, strategic location, and strong development potential in one of the fastest-growing areas in the district of David.
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