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I am looking at purchasing 3/4 acre oceanfront land in Jaco. I know it’s difficult to assess prices without seeing the land, but can anyone give me a ballpark figure on how much it should cost?
What would be a great price?
What would be a fair price?
What would be too much?If not, where can I find out a fair market value? Can you recommend someone who would know?
Ocean front in Jaco? Try to think close to a million. Jaco is getting lots of attention these days – major hotel chains are in the area and others are coming to the area.
Your best bet is to look to the north or south about 30 minutes.
Dwayne, It isn’t hard to access value without seeing the property, it is virtually impossible. The variables are far too many for anyone to give you an evaluation on value and pricing. I agree though with Puravida, in Jaco you are probably looking in the $500K to $1 million range for beach front in Jaco of that size. Even further south in Esterillos beach some beach front lots are selling for upwards of $300 a sq meter. 3/4 of an acre is appx. 3000 sq meters. You do the math. Almost anything along the coast here is going to be in the range of $250K and up for any size of beach front lot. Most people will say that is rediculous. However, most people would not turn down the money if they were the ones selling. So a fair price, or market value is just that….it’s what the market is willing to pay, and what ever the market is willing to pay is a fair price. I think too many people take it personal when they are priced out of the market that they wish they could purchase in. I would love an ocean side home in Malibu but I can’t. It’s not overpriced, it’s overpriced for my budget.
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