Publish Ad Publish Ads
Share this ad

Cóbano | Massive land Multipurpose Ocean View Developer’s Dream

Price
$5,000,000
Lot Size in m²
409165

Cóbano | Massive land Multipurpose Ocean View Developer’s Dream

Location

Cóbano

Published

16/05/2024

Price/m² of land

$12.22

Details

Panoramic ocean and jungle views throughout.
Flexibility in development and incredible profit potential.
Incredible biodiversity and natural beauty.

The Santa Teresa real estate market continues to cook, and with it comes the inevitable collapse of average lot size – but you can throw all that out the window with this sprawling 40 hectare unicorn of a property sandwiched between beautiful Cabuya and the sleepy fishing enclave of Mal Pais. With its development-friendly zoning and incredible natural beauty, this enormous chunk of pristine Costa Rican jungle is for discerning large-scale developers looking to leave an indelible mark on the development of the area.

The first section of the property is a 10 hectare plot bordered by the main road to the exotic, lush, and wave-rich town of Cabuya. This section of land is 75% developable and zoned for commercial and residential purposes, and its proximity to the main road and ample privacy buffer make it a perfect fit for a scalable hotel development. Utilities like electricity, water, and fiber optic internet are already set up, meaning less time between purchase and breaking ground.

The second section of the property, further back off the main road, boasts incredible panoramic ocean views set against the dramatic backdrop of the surrounding virgin jungle. This 25% developable land has already been parcelled into 60 x 5000m pieces, 30 of which have access to the property’s signature Pacific ocean vistas. These pieces are perfect for immediate resale in the area’s hot real estate market, with water via 3 wells and electricity easily pulled in from the main road.

The land itself is teeming with an unparalleled potpourri of jungle flora and wildlife. The sheer size of the property means access to a variety of different altitudes and the resulting biodiversity, adding an extra dimension to a listing that already seemingly has it all. This is a rare and highly coveted opportunity with a high volume of interest expected, so get in touch today to see what this listing can do for you.

ID: 1012073