Unique Ocean View Development Project in Costa Rica's Pristine Blue Zone

ID CODE: #2787
Sales Price: US$1,495,000
  • Land: 1 hectares (3 acres)
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Located at the heart of one of the World’s esteemed Blue Zones, this coastal development opportunity will allow for luxury living in one of the healthiest places on earth. This 3.2 acre parcel of land lies on the edge of the 200m maritime beach zone, meaning it is as close to beachfront as possible without having government restrictions. Originally planned as a 44 unit community, this luxury beach condominium development has permits for the construction of 4 towers, seven stories high. Two of these towers are already constructed in grey. This is a rare opportunity to develop a project of this size so close to the beach as the lengthy acquisition of the building permits and architectural plans were made prior to changes in the allowable height of new developments within 1km of the coast.

Each unit is fully titled, with awe inspiring beach and ocean views to the front and unspoilt picturesque mountain vistas from the rear. Floor plans exist for both 2 bedroom 1,600-1,700 sq. ft. garden and upper units and 4 or 5 bedroom 4,000 sq. ft. penthouse options, yet these plans can be modified for towers 3 and 4 with the ability to increase the number of saleable units. Plans for full resort amenities are in place, offering owners and guests a private oasis among natural surroundings. The project allows for fractional sales if the chosen developer wishes. A new luxury hotel is located near to the project as well as vacation rental properties and million dollar homes, making this a blooming, yet virtually untapped market.

Located on the coast of Nicoya, Guanacaste, this secluded natural sanctuary is situated between the popular coastal towns of Nosara and Tamarindo. The area includes a large section of protected reserve, including some of the most pristine beaches in Costa Rica, which offer world class surfing, snorkelling and fishing. The international airport in Liberia is a 1.5 hour drive from the property. This project, with its unspoilt natural surroundings, existing permits and market potential, is a unique investment opportunity which won’t be found anywhere else.

A full due diligence package showing plans, permits, and historical constructional information is available upon request.

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