Club Alegría is a 94,924-square-meter planned residential development that consists of 48 residential homesites, 3 built townhomes, and a communal area that includes a built-out restaurant and pool. There is also an additional 102,722 square meters of land at the back of the project that is included with the sale.

The project sits less than 15 minutes from the heart of Granada, in a pastoral area between the bustling Spanish Colonial town and the majestic Laguna de Apoyo Reserve.

The project has access to water and power, and since one of the townhomes conveys with the sale, this is a great opportunity for a hands-on developer who wants to live on-site while working on the development.

Two of the three townhouses have been sold and are not included in the sale; however, they are available for resale from their current owners if desired. The included townhouse is a stylish two-bedroom, Hacienda-style home with soaring ceilings and a bonus loft.

Additionally, lots 33, 40, and 43 have already been sold and, as such, are not included in the sale – but could potentially be purchased from their current owners.

What’s included:

192,749 square meters of land total
42 lots (1,000+ m² each)
Approximately 1,600-square-foot townhouse
Restaurant/clubhouse with pool (planned common area)
Caretaker’s house
Guardhouse at gated development entrance
This project is a smart choice for a developer who can pick up where the current developer has left off—much of the work has already been done. The new owner can focus on selling lots, even at below-market prices, and still benefit from a substantial profit margin.