SOLD-Land For Sale in Salitral, Santa Ana – Video interview with developer Dan Downing.

Land For Sale in Salitral, Santa AnaVideo interview with developer Dan Downing.

Real Estate Investment in Development Land in Salitral, Santa Ana

• The first lot of 2.15 hectares (21,500M2) of land is zoned for an executive home site and is for sale at US$15 per square meter for a total of US$322,500
• The building code for this first lot in a protected area allows the owner to build on 10% of the land which is 2,150M2 or 23,134 square feet which would be an extremely spacious luxury home.

• A second lot of 7.6 hectares of neighbouring land also for sale at US$15M2 has a preliminary site plan/infrastructure design for 5 apartment buildings.
• This second lot of 7.6 hectares has 8,000M2 (86,080 square feet) of marketable construction area.
• The land is owned in the name of a Costa Rica corporation which makes for an easy and affordable transfer of ownership upon the completion of the sale.

It’s close to many of the largest multi-national employers in Costa Rica, the best schools, shopping malls, restaurants, the capital San Jose with all of it’s theatres and other attractions is about 20 minutes away.

Originally the investors had thought the land would be ideal for building individual homes, but after numerous meetings with different architects and going through the long planning process, he and his partners decided that it would be best to keep the land in the two separate parcels…

To sell one as an executive home site and to work with the other for the building of low impact apartment complexes with plenty of green areas…

Henry has done his homework and he knows that “Costa Rica is very good business wise and there’s a lot of middle management people” and the plans which are in the approval process are to sell the land to a developer or to jointly develop and build comfortable apartments focusing on that middle level management with sales prices ranging from US$150K – US$225K.

If North Americans also want to buy here and live in a nice, secure middle class area where the “weather is spectacular” then that would be great too.

Protect Your Assets Offshore in Costa Rica Land

After more than two years of hard work – and a pretty significant investment – Henry and his partners have 95% of the permits and permissions (which they would be happy to show you) they need to go to the next phase which is to finalize their relationship with a proven developer and begin construction, they are only waiting on one last approval which they expect before the end of July 2011.

As any real estate investor knows, the value of land increases as the various permits are received so if you have serious interest in buying this land or becoming a pre-construction investor with Henry and his partners then please feel free to contact us at your earliest convenience.

• Are you a real estate investor who is interested in investing in a project – a joint venture maybe – with like minded real estate professionals from the US and protecting some of your assets ‘offshore’ in Costa Rica?
• Or, if you are a real estate developer looking for a superbly convenient location to buy land for only US$15M2 to build on, you might want to consider speaking with Dan and his partners about this and the other fincas they own in the area.

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Andrew Makarik

to@welovecostarica.com

Andrew Makarik is the main editor of WeLoveCostaRica, a fan of this sunny country. He is also a loving husband and a has a lovely daughter. By being a devoted family man and the biggest Costa Rica fan, he wants to make more people feel at home there. WeLoveCostaRica unites people and helps them find new home or a new travel destination. This website is a friendly community where everyone can find not only information, but also new friends and travel pals. Andrew is also passionate about IT and programming, so he himself maintains a friendly atmosphere in this cozy environment of WeLoveCostaRica.com.