Located on the North West Pacific Coast of Costa Rica in the Guanacaste Province and just 25 minutes from the new Liberia International Airport (LIR).

[custom_script adID=149]
Within close proximity of the Peninsula Papagayo which houses the Marina Papagayo, the Four Seasons Resort, the Hyatt Andaz and the Arnold Palmer Golf Course and the Allegro Papagayo Resort.

[custom_script adID=155]
Just 200 meters from Playa Manzanillo and 20 minutes from the New CIMA Hospital. Within 30-45 minutes of all major tourist infrastructure and just 35 minutes from the Capital city Liberia.

Property Characteristics:

231 linear meters (757 linear feet) of Public Road frontage. The property is 200 meters from the Beach along the same Public Road.

[custom_script adID=151]
The property is sloped and lends itself to terraced ocean view condo sites. The property is perfectly situated for a mid-range Ocean View Condo development with close access to the beach.

Being in the Polo Papagayo zone the property enjoys easy access to utilities and permitting not available in other areas.

[custom_script adID=150]

Infrastructure:

Power is currently on the public road that borders the property. A brand new Public water line is only approx. 400 Meters from the property which was built to serve the Marriot Hotel being developed 500 meters to the East Only approx. 500 meters of paving is required to have pavement all the way from the Liberia Airport via public roads. The public road continues 200 meters to the beach and provides direct, public access from the property.

Development Profile:

This is one of the only development parcels in Guanacaste that you could start construction relatively soon. According to the zoning density allowed for this property, 150 ocean View condos could be built with 40 three Bedrooms, 50 two Bedrooms and 60 one Bedroom units.

[custom_script adID=153]
The target Sales price for the condos would be $379,000 for a Three Bedroom, $279,000 for a 2 Bedroom and $240,000 for a 1 Bedroom Condo. The land cost per Condo would be $16,667.

Size:

13.5 Hectares (33.3 Acres) fully titled.

 

Reserva Papagayo Ocean View Development Property For Sale. US$2,500,000

 

Article/Property ID Number 4914

[thrive_leads id=’261603′]

Are you interested in this property?

Please fill out the form below or click this link to email us.

Name
Email
Phone Number
*** Fields marked with * are required to fill
Request Information

Are you into beautiful Costa Rica?

All interesting things you want to know about Costa Rica are right here in our newsletter! Enter your email and press "subscribe" button.

There is one comment:

Leave a Reply

Your email address will not be published. Required fields are marked *