Rancho Villa Real development is releasing the rest of its properties to the public. As per the regulations of this community, those blocks can be segregated into different lots, subject to getting a water certification from the local water association of Villa Real (Asada Villa Real). But at the moment, Asada Villa Real is limiting water certification in the area of Villa Real and therefore, the blocks that do not have a water letter are listed at a very attractive price for future investments. There are 2 blocks with valid water letters at the moment: Blocks D & E.
Blocks D and E currently have ONE water meter each (plus a valid water letter) allowing the construction of one home per lot. They can be all registered as Sub-Condominiums and they can be subdivided and sold as single-family lots when the water association will give water certification again in the future. Until then, only one home on each of these blocks can be built.
In case of segregation, those regulations would apply to blocks D & E:
Authorization to build single-family homes
25% Maximum coverage for buildings (houses) and structures (per lot)
65% Minimum space for gardens (per lot)
10% Maximum coverage of paved areas (per lot)
Minimum setbacks between buildings or houses: 8 meters from lot lines
Minimum for garage gate or carport, setbacks: 9 meters from the access road
Overhangs and cantilevered elements: maximum 2 meter2.
The maximum height for buildings: are 2 floors (9 meters).
Garage: 1 per lot
Minimum parking provided: 2 per lot
Blocks A, L, M, N, O & P currently does not have a water certification or water meter permitting the segregation of the blocks, nor building a single-family home. Block B has a water certification but it is not possible at the moment to get a water meter with that certification. As per the original deed, they can be all registered as Sub-Condominiums and they can be subdivided and sold as single-family lots when the water association will gi
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