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$545,000

Estimated Mortgage
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SOLD!! Puerto Cito Beachfront Development

Costa Rica, Puntarenas, Dominical

Reference: 18081

This PUERTO CITO gem is located 9 kms south of Dominical, Costa Rica in one of Costa Ballena’s premiere high end residential developments. The current 3 parcels offered for sale are part of the original Plan Regulador for the Puerto Cito area. Parcels 1 & 2 have all the concessions in place for the development of a hotel property, a tourism related initiative, a commercial enterprise and a private residence. Parcel 3 is a stunning rain forest tract that can be used for additional green areas, walking trails and protected park to enhance the other two development parcels. Priced at $545,000 US, this exceptional beachfront property is a developers dream because it is available for less than $12.00 m². A quick check into current market values for comparable beach front properties assures the potential investor that this is an incredible deal for a serious and visionary developer.
A unique and important aspect to this particular property is that it lends itself well for use as a Marina. Feasibility studies were initiated and verified that the natural reef and deep waters in front of the property were favorable to support a Marina. This particular area is the only possible location between Quepos and Golfito that supports the criteria necessary for a viable Marina. These studies completed 10 years ago verified that the Puerto Cito location met all the conditions and with that a Marina Plan was initiated. This Marina Plan was approved in the past by the government entities respons

Details
  • Price:  $545,000  
  • Status: For Sale
  • Gross Area: 40,001 m2
Estimated Monthly Payment

$545,000