Real Estate Investing - Costa Rica-38 acre ready-to-build development site in Guanacaste w/ocean views

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Costa Rica-38 acre ready-to-build development site in Guanacaste w/ocean views

Tom

2007-04-02, 5:25 pm

This is an excellent opportunity for a developer looking for a
project
in the Guanacaste region Costa Rica. The size of the property is 15
hectare (about 38 acres) and is 40 minutes from Liberia Airport and
15
minutes from Tamarindo. Site is permitted and parceled into roughly
1/2 hectare (1.25 acres) lots with infrastructure (electricity,
roads,
and water) all in place, taking 1 to 2 years off of the total project
length. Several lots on the property have views of the water and the
site is just minutes from the beach. Sale will include an option on a
beach front lot which could be used as an exclusive cabana for the
development. Feasibility studies have been done on the property,
estimating its potential fully developed with condos and villas @
over
$50 million with earnings around $24 million. Asking price is $7.5
million and is negotiable. If you would like photos, aerials, info
etc. email or call.

Tom @ 917-582-1979

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