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$1,880,000

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PALMVITA ESTATES – OVER 9 ACRES OF UNIQUE DEVELOPMENT PROPERTY WITH ASADA WATER CONCESSION AND A 6,000 ft² HOME

Costa Rica, Puntarenas, Uvita

Reference: 079-00079

LOCATION, LOCATION, LOCATION…. sounds cliché but absolutely describes this valuable development opportunity. PALMVITA ESTATES is located within minutes of the thriving and rapidly growing community of Uvita. 5 Fully services Lots with all services provided - Ready to BUILD.
THESE ARE THE CHARACTERISTICS:
1 - Privacy (far enough from public areas, in a tropical lay back area),
2 - Secure (gated, caretaker around, transparent, street lamps in the night),
3 - Close to town (walking distance
4 - Close to the beach (close enough to hear the swell),
5 - Ocean view (view:on the Whale Tale, Canoe Island, also Corcovado and Quepos),
6 - Nature (primary forest around and a big variety of palms and fruit in the property),
7 - Upscale infrastructure (solid, low maintenance, all weather 4x2 access),
8 - Small scale (just seven upscale lots),
9 - Titled, and full ownership,
10 - Fast growing tourist destination, close to the whales and Marina Ballena Park.

The entrance to the PALMVITA ESTATES development is a half a mile South of Uvita opposite the “Marina Ballena” National Park and just 500 meters (¼ of a mile) east on a private road off the new Costanera Highway. This 9 plus acre (3.7 hectare) eco-friendly property is positioned at an elevation of 250 to 300 ft. above sea level offering spectacular ocean views and continuous breezes. The property is surrounded by 250 acres of primary forest. The Front Gated entrance to the development is remote controlled and there are no public roads towards, in, or around the property.

PALMVITA ESTATES is being offered as a package deal at $1,880,000 US. The carefully planned design includes seven (7) Lots laid out in a master plan as follows; The developer combined Lots 1 & 2 providing a 10,000 m² (2.47 acres) parcel of land to accommodate a fully furnished luxurious tropical open concept 5-bedroom home with over 6,000 ft² of living space. This beautiful home is valued at $835,000 US.

The other 5 Lots were parceled out as follows. Lots #s 3, 4, 5 & 6 were segregated out at 5,000 m² (1.24 acres) each and Lot # 7 was segregated out at 7,340 m² (1.81 acres). The balance of the land was dedicated to roads, green areas and easements. These segregated Lots have been registered under separate title with the Registro Nacional (National Registry), in accordance with Costa Rican law for the purpose and ease of title transfer and acquisition of building permits. To further add to the ease of development and construction, each Lot has road, electricity (underground) and water supplied by the local water association ASADA. In addition, the “Soil Tests” and “Land Stabilization Tests” have been completed.

Countless possibilities!! A private get-a-way for a luxurious estate or an ultra-exclusive private community with a handful of upscale homes. Furthermore, consider an upscale hotel-resort with villas scattered over the buildable plantels, restaurants, pools, private spas and facilities to accommodate the most discerning of tastes. Another possibility would be a unique wellness/spiritual/healing retreat center catering to many cultures throughout the business and corporate world offering rainforest experiences to their clientele or employees. PALMVITA ESTATES offers an unparalleled opportunity on the Ballena Coast for someone with vision and the ambition to create something unique and profitable. This is truly a developer’s dream property. For further insight into this opportunity and answers to any inquiries, please the associate representing the owners of Palmvita Estates.

Details
  • Price:  $1,880,000  
  • Status: For Sale
  • Gross Area: 36,937 m2
  • State: Good
  • Construction year: 2008
  • Parking type: 6 Outdoor
Estimated Monthly Payment

$1,880,000