Playa Hermosa Real Estate for sale by Remax Prestige Ocean Properties , Playa Hermosa, Playa Del Coco, Playa Panama Real estate for sale and Papagayo real estate, Guanacaste condos and villas as well as Playa Del Coco homes and condos. Financing for condo and villas in Playa Panama on ocean view villas and ocean view condos. Playa Hermosa homes for sale by Remax prestige Ocean Properties.

 
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Located in the Hacienda Del Mar Sales Center on the Las Trancas Rd. in Playa Panama, Costa Rica.

Office: 001-506-2672-1298              Cell 011-506-8827-5418            FAX 011-506-2672-1334 

Email: michael@costarica-realestate.com               Web:http://www.prestige-ocean-properties.com/

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Commercial & Development Land

 

 

Triplex -- INCOME GENERATING Playa Hermosa, Guanacaste, Costa Rica


Now is your opportunity to live in a quiet beach community on the Pacific Coast of Costa Rica while generating an income. Located across the street from the ocean, his 3500 square ft building offers three different apartments on a 541. sq. meter lot with mature vegetation.
On the ground floor is a double garage, 3 storages areas and a reserve water tank. On the first level of the triplex, a one bedroom apartment with a living room, dining room, kitchen, bedroom, washroom, laundry facilities and private outdoor patio. A two bedroom apartment with living room, dining room, kitchen, washroom, laundry facilities, two spacious bedrooms and a covered deck to sit and watch the wild life from. Both of these units include appliances and custom made cabinets.
On the top level is a large three bedroom unit with cathedral ceilings in the living room, dining room and kitchen. The entry is accented by a floor to ceiling stone tiled wall and large windows allowing for plenty of sunshine. The kitchen features an island, granite counter tops, custom made cabinets and appliances.
The current owners are using one of the bedrooms as an office as seen from the pictures and video. The master bedroom has also been expanded and opens onto a very private deck with an outdoor tub.
In addition to being so close to the beach, you are only 5 minutes from the local grocery store, restaurants/bars, gym and movie theatre. 25 minutes to International Liberia airport.

Just reduced to  $489,000
 For more information on this property -  Email remax.prestige.ocean.properties@gmail.com
 

 

 

Development Lot for 10 Villas  -  Hacienda Del Mar - Playa Panama

Designed in the footprint of some of the worlds most renowned residential communities, including Monte Carlo and Beverly Hills, Hacienda Del Mar offers an exclusive lifestyle of refinement and convenience on Costa Rica's Pacific Coast. Lot # 8 offers ocean views of the Bay of Culebra, the Gulf of Papagayo and the world renown "Four Seasons Papagayo Resort". Just steps away from the recently completed "Casa Club" this 6522 sq. meter parcel is zoned for 10 elegant town homes' owners will have access not only to the Casa Club but also to the ocean front Beach Club. Only 20 minutes to the Liberia International Airport, 7 minutes to the newly announced hospital and 15 min to restaurants, banks and shopping.
$1,950,000

For more information on this property - Email Michael at michael@costarica-realestate.com

 

 

Hacienda Del Mar - Playa Panama

Development Land  - Ten  Breath Taking View Lots

Designed in the footprint of some of the worlds most renowned residential communities, including Monte Carlo and Beverly Hills, Hacienda Del Mar offers an exclusive lifestyle of refinement and convenience on Costa Ricas Pacific Coast. This elegant ocean-side escape is designed to cater to your every desire, with world-class amenities and services you would expect from a five-star resort. Surrounded by a lush tropical rainforest, the magnificence of this seductive paradise will overwhelm you with mesmerizing golden sunsets and spectacular panoramic views of the Gulf of Papagayo and the Pacific Ocean.
Hacienda Del Mar is now offering ten and only ten, residential villa sites. All with incredible views of the Gulf of Papagayo and the wide open Pacific Ocean. Lots range in size from 1000 - 3000 square meters and can accommodate a 6500 sq. ft luxury villa.
Lots are being offered at $450,000 - $695,000 with full Hacienda Del Mar amenities. Club House's, Pool, Restaurant and Beach Club.

For more information and pricing please contact me at      remax.prestige.ocean.properties@gmail.com   

 

DEVELOPMENT LOT and PLANS FOR SALE

Verano 0023a.jpg

 This Lot (lot alone not including the improvements nor the permits or building plans) has been appraised at $1.1 million but is a foreclosure and is being offered to you with plans for 599,000   A developer’s dream.

     v14a.jpg       Verano 013a.jpg

 Perfectly located on the Pacific Northwest of Costa Rica a mere 20 minute drive from Daniel Oduber International Airport, 15 minutes to the new CIMA Hospital and ideally situated in a spectacular region of pristine beaches and clear blue waters. This 53,541 square foot lot was projected for a condominium development. The projected condominium would be nestled amidst the hills, overlooking the tranquil bay of Playa Hermosa, in the province of Guanacaste. This magnificent property, elevated 350 feet above sea level, offers spectacular ocean views and sunsets, while providing complete privacy within its tropical landscape. An excellent lot for a premier condominium project as it is secluded but can showcase every luxurious amenity and modern day convenience possible; this was the idea behind this lot and most permits are in place. The area offers the modern conveniences such as, supermarkets, banks, medical services, pharmacies, exquisite cuisine and exciting nightlife. Just needs a new owner with this vision. The projected condominium complex presented a unique range of offerings with three towers and four distinct floor plans, 39 units of which there are four penthouses in the plans. The architectural design by Richard Cipriano utilizes space, light and functionality to create an exceptional living environment for future discerning homeowners. This could be yours to develop.

 For more information on this property -  Email remax.prestige.ocean.properties@gmail.com

 

 

Below the location can be viewed with a Google map showing its proximity to the prettiest, cleanest and safest beach in the area, Playa Hermosa

Monkey Bar Property – Playa Hermosa

 

This 8531 square meter lot is located in the heart of Playa Hermosa, 2 blocks from the beach and easy walking distance. The property was once the home of the local landmark “The Monkey Bar”. The building was dismantled and moved to the Papagayo Golf Course and now this prime piece of property is being offered along with a concessioned well and main road in access. Next door to the property is Luperon Grocery Store, the beach is a short ten minute walk, local restaurants, a 2 minute walk.

The location is perfect for a condominium complex with ocean views from second floor up.  Commercial would also suit this main road property as would an “assisted living complex” in light of the two new hospitals currently under construction. CIMA Hospital is only 10 minutes from this property and it is only 15 minutes to the new $40 million dollar Clinic Biblica Hospital.  The owner has initial designs for condos and a commercial center concentrating on condos being available for under $300,000 which seems to be our new market for 2111.

Priced to sell at $1.5 million dollars

 

Please email me for more information remax.prestige.ocean.properties@gmail.com   

 

             

 50 hectares (125 acres) Development land - Country Estate Lots - Sardinal

This project is ready to go with the water and electric connected to each lot. The roads are all in with a wide variety of lots to choose from. All lots are 5000 square meters and larger, valley, mountain and volcano views. Only 5 minutes from the Papagayo Golf & Country Club and 20 minutes Playa Hermosa & Playa Coco. 8 minutes to medical facilities & grocery shopping and 25 minutes to the Liberia airport.  Four wells on the property. With the road being paved from Sardinal to the connecting Tamarindo road this location is dynamite! A JV would also be considered.


$1.7 Mil

 

             

For more information and pricing please contact me at  RE/MAX  Prestige Ocean Properties

remax.prestige.ocean.properties@gmail.com   

 

 

 

Boutique Hotel Playa Hermosa

This 22 room Boutique Hotel is located on the beach in Playa Hermosa, Guanacaste, Costa Rica. It looks out across the bay to the Four Seasons Papagayo Resort and the Gulf of Papagayo. The hotel has a restaurant/bar which will seat approx. 85 people with lots of room for expansion.
The property also includes: Pool, Generator, Commercial laundry facilities, full kitchen with walk-in refrigeration units and new commercial freezers, 5 telephone lines, point of sale system, security cameras throughout and a 36 ft totally refurbished Benateau sail boat with 2 dinghy's.
The 24 hr liquor license is a bonus. The parking lot next door is over 1400 square meters allowing easy water front expansion. The extra lot behind the hotel could then service the parking.
Financial information is available to qualified buyers. The location is dynamite. 25 minutes to the Liberia International Airport. Steve Case's multi million dollar project with hotels/golf course at the south end of the beach and the Viceroy 5 star project on the north point of the beach.

Just reduced to $3.1 million

Please email me for more information.

remax.prestige.ocean.properties@gmail.com   

 

 

 

Please email me for more information remax.prestige.ocean.properties@gmail.com   

 

 

 

One Hectare ( 2.47 acres) Ocean View Commercial Lot located in the center of
Playa Del Coco Costa Rica


There simply is not a better location in Playa Del Coco. Access to the main street, ocean views from ground level, perfect location for a hotel complex or luxury condominium project. Plans and surveys are included with the purchase of the property. Playa Del Coco has become the "hub" of activity in the Papagayo Region as this once sleepy fishing village is now visited by almost every tourist staying in neighboring hotels as the Papagayo Four Seasons, Occidental Grand & Allegro Hotels, Hilton Papagayo & Airport hotels, Riu Hotels and many more.

The Wind Star Cruise Lines moors in the bay 3 times a week during high season and with the new board walk and marina in the final planning stages Coco's growth is inevitable. Liberia airport begins a 30 million dollar expansion in November of 2010 and the new Sun Ranch retirement Village will include a championship 18 hole Robert Trent Jones Jr. golf course and a $40 million dollar Clinica Biblica state of the art hospital, 15 minutes from Playa Del Coco. 

$3.5 million

 

 

 

 

Papagayo Resort Development Land For Sale

The Papagayo site is a 383 acre hilltop property in Costa Rica with dramatic views of the Pacific Ocean and access to the beach. The site lies approximately 20 minutes from the "Daniel Oduber International Liberia Airport". Directly adjacent to the site are the existing communities of Playa Panama and Playa Hermosa. The site overlooks the bay of Playa Panama with distant views of the Papagayo Peninsula and the existing Four Season Resort Papagayo.
The project presents a rare opportunity to control one of the last large developable properties with direct beach access and unobstructed views in the Gulf of Papagayo, which is Costa Rica's prime tourism and development market.
Some key highlights of this project opportunity include:
150 Meters of varying slopes and divers topography. Magnificent unobstructed views of the Bay of Culebra, Gulf of Papagayo and the Pacific Ocean. The parcels making up the project site are contiguous and are zoned for full scale resort development. The property is approximately 20 minutes from the Daniel Oduber International Airport (Liberia), making it the closest high end beach resort to the airport. Due to the Property's unique location along the main road to the airport, the property has ready access to the required utility infrastructure including electricity, sewer, trash collection and telephone/data communications services.
Utility Infrastructure In Place
Due to the Property's unique location along the main roadway to the airport, the project has miles of main road frontage, allowing for great commercial potential and exposure in addition to having many access points throughout the property making construction and utility access easy. This ready access to the required utility infrastructure, including electricity, trash collection, and telephone/ data communications services.

Inquire for pricing -  remax.prestige.ocean.properties@gmail.com   
 

 

  Reserva Papagayo - Development Land in Costa Rica

 

37 acres of prime water view property for villas and condos overlooking the new Marina Papagayo and the Four Seasons Resort.

Please contact Michael H. Mills for more information and pricing.
 Email: michael@costarica-realestate.com

 

 

 

 

 

El Diamante Development property in Costa Rica

700 acres of water view and beach front property overlooking the Gulf of Papagayo
A perfect location for hotels, villas or condominiums or a private reserve.
One of the last few large parcels of land left for development in this area
Oceanfront land on the Papagayo Gulf is available for development of a luxury residential and spa or boutique hotel project. Booming vacation area in Guanacaste, Costa Rica. Project owns pristine acres of mostly ocean view hills and mountains and controls 71 acres of occupation rights to oceanfront land. Includes occupation rights for 1.1 miles of oceanfront, including 600 feet facing beautiful, mile-long Playa Matapalo beach and all 600 feet facing a small beach, Playa Majagua
Adjoins two existing successful home developments. 35 minutes to international airport .
Neighboring property -- Riu Hotels presently 700 rooms expanding to 2000 rooms as shown below.

Our property is behind and to the left of the Riu.

Please contact Michael H. Mills for more information and pricing.
 Email: michael@costarica-realestate.com

 

 

 

Hotel Villa Flores  Playa Del Coco

Hotel Villa Flores is a charming typical Costa Rican bed and breakfast featuring nine rooms with air conditioning and private bath, open air dining room, professionally equipped kitchen and a large lobby/entertainment area. The property is centrally located in beach town of Playas del Coco. This great business opportunity is less than a 100 meter walk to the beach and a short 10 minute walk to the center of town. The town of Playas del Coco has all the amenities that vacationers could want, from 4 large grocery stores to, many restaurants, night clubs, bars and casinos as well as countless tour operators of deep sea fishing, snorkeling, diving, surfing and eco adventure activities. Sitting on over an acre of land, Hotel Villa Flores offers lush tropical gardens as well as the more modern comforts of pool, Jacuzzi and a swim-up bar with rancho. The hotel is cable and internet ready. There is private secure parking. The adjacent 1/2 acre of land is ready and available to increase the size of the hotel with the possibility of building up to a 4 stories addition or can be sold as a great walk to the beach private property.

$1,250,000.00

Please email me for more information.   remax.prestige.ocean.properties@gmail.com   
 

 

 

 

Golf Course in Guanacaste For Sale - 18 Hole

Now for sale - Costa Rica's first public golf course is only 15 minutes away from the Pacific Coast beaches and is located on a 335 acre nature reserve of peace and tranquility.
The Papagayo Golf and Country Club is located in Libertad, about ten kilometers south-east of Playas del Coco, and offers a 18-hole golf course, 8 miles of walking paths, a practice tee, a driving range, a club-house & restaurant & pool .
The Riu Hotel just opened a 700 room hotel 20 minutes from the golf course . Phase two and three will bring another 1200 rooms. The Papagayo Hilton, Occidental Grand Papagayo, Airport Hilton, Occidental Allegro Hotel, Ocotal Resort, Condovac Hotel, Villas Sol Hotel, all within 15 minutes to 30 minutes from the golf course. Well over 2000 rooms. There are plans for another 1000 rooms in this area over the next 5 years.
Condominiums & villas along with another 50 boutique hotels in the area make up another 500 rooms.
NONE OF THESE HOTELS HAVE A GOLF COURSE.

Two new marinas, one in Playa Del Coco which is still in the planning stages and one currently open adjacent to the Four Seasons.
10 minutes to shopping, medical services An established golf course with 3 years maturity, Unlimited water , 15 minutes to our International Airport , Pacific Coast beaches and many of the resorts listed above. The only golf course open to the public in the Papagayo Region. Opportunities for purchaser to obtain balance of residential lots and memberships. Property site available for a Hotel

Land valued at less than $20 M2 in comparison to $100 - $500 M2 close to beach
We offer an established golf course with 4 years maturity

 $3 million for the golf course and hotel site. Add 48 -  1 1/4 acre residential lots and the total price is $5 million.
For a complete presentation package please email me at -
Office 011-506-8-827-5418
FAX 011-506-2-672-0254
Email: michael@costarica-realestate.com
Web:
http://www.costarica-realestate.com

 

  

For more information - contact me at - remax.prestige.ocean.properties@gmail.com

 

 

 

The German Bakery opened 16 years ago to the delight of grocery stores, restaurants and households throughout Guanacaste. Even today it is difficult to find the pastries, cakes and variety of bakery products outside of the German Bakery product line. The owner is retiring and offering the bakery business for sale with options of purchasing the 2.5 acres of Hwy frontage land, 11,000 sq. ft bakery building and the 2400 sq, ft home 4 bedroom home. Located on a high traffic Hwy, 2 minutes from the Liberia International Airport. This is an excellent opportunity to purchase an already successful bakery in the hottest growth area in Costa Rica "The Papagayo Region". The expansion possibilities are endless.

Serious inquiries only please. Financial records and inventories will be available to qualified buyers.

Bakery business and all equipment - $300,000

11,000 sq. ft. Bakery building, 2400 sq. ft 4 bed home on 10,200 M2  - $1.3 mil.

For more information - contact me at - remax.prestige.ocean.properties@gmail.com

 

 

    

 

Playa Hermosa  - Sports Bar and Restaurant

Popular Sports Bar and Restaurant business in the heart of Playa Hermosa.    The location is perfect with a Spa, convenience store and theatre and retail shops in the same complex.  This location has great exposure and is centrally located on the main road. Seating for over 100 guests on the second floor, seen in the picture attached.  TV's mounted throughout with a large screen TV also.  Satellite TV.  Over  3000 square ft on the second level including outside seating area. Liquor license and all permits are current Owner is willing to help with financing  

Just reduced by $150,000 to   $50,000

                                                           

For more information please contact me at - remax.prestige.ocean.properties@gmail.com 

 

 

 

Just reduced to $4,500,000    Now $4,000,000

For more information - contact me at - remax.prestige.ocean.properties@gmail.com

3000 Acre Ranch

This Fantastic property is one of few remaining large parcels in Guanacaste measuring 3000 acres. The property is located 33 kilometers ( 20.5 miles) from the Liberia International Airport and only 13 kilometers south on the Pan American Highway from Liberia, the capitol of Guanacaste. The development opportunities are unending. The property features mountains, plateaus, valleys, rivers, creeks, ponds and a diverse geography which lends itself to awesome views of Volcanoes Rincon de la Vieja, Miravalles and Tenorio. The property consists of combination of primary and secondary forest. The entire property has been completely surveyed as well as topographically drawn by an engineer. Hydrological studies have been completed, revealing perfect locations for wells to be drilled. Permits have been approved for the wells and are in the process of drilling to locate the best wells to service all lots and mini farms. Many of the required governmental studies have already been completed. This great investment opportunity has been surveyed and plotted the ranch into 115 mini ranches, size 25 40 acres. Most of the mini ranches have one of the three rivers bordering them. Also mapped out are 60-1 acre lots that will front two potentially planned manmade ski lakes. Two community beach areas are plotted along the rivers with swimming holes and water features. The entire property is approximately 6 kilometers deep (3.75 miles east to west) and approximately 4 kilometers wide (2.5 miles north to south). The property is bordered on the north by the Salto River and the Pijije River. The Potrero River runs through the property in addition to four other active creeks. The entire property is fenced and has been used as a cattle grazing ranch (approx. 100 head of cattle) for the last 7 years. There also a custodians house, grapefruit, teak trees and areas for growing crops. Corn and Beans are currently cultivated on the property. A full size dump truck, backhoe, water transportation tanker and diesel powered water pump are included with the sale of the property.


 

 

Development Parcels available within Hacienda del Mar

Project Overview

Designed in the footprint of some of the world’s most renowned residential communities, including Monte Carlo and Beverly Hills, Hacienda Del Mar offers an exclusive lifestyle of refinement and convenience on Costa Rica’s Pacific Coast. This elegant ocean-side escape is designed to cater to your every desire, with world-class amenities and services you would expect from a five-star resort. Surrounded by a lush tropical rainforest, the magnificence of this seductive paradise will overwhelm you with mesmerizing golden sunsets and spectacular panoramic views of the Gulf of Papagayo and the Pacific Ocean. The concept for Hacienda Del Mar was developed when its team of principals identified a strong demand for affordable luxury home sites in Costa Rica, one of the fastest growing and most sought-after locations in the world. The vision behind this one-of-a-kind community is to provide buyers with an opportunity to own world-class luxury residences with fantastic views of the Pacific Ocean and the Gulf of Papagayo, at more affordable prices than those of other homes in the area.

It’s all about location at Hacienda Del Mar. The principals of Hacienda Del Mar chose to develop the land in Papagayo because of its natural beauty, gorgeous views, and its close proximity to beaches and the area’s best conveniences. They are dedicated to transforming Playa Panama into the entertainment district of Papagayo. Future developments will include a world-class golf course, a grand casino, and numerous shops and restaurants. Upon completion, Hacienda Del Mar will undoubtedly be one of the most-coveted tracts of real estate in Central America.

Hacienda Del Mar is designed to blend with its peaceful surroundings and evoke an overwhelming sense of peace. This is achieved, in part, by the property’s distinctive 16th century Castilian architecture, which captures Spain’s enchanting Mediterranean style. The design is a stunning, yet complementing contrast to the lush, tropical landscape of Playa Panama.
Estate lots -  One-story villas  - Two-story townhomes - Three-story townhomes


 Please see the web site at - http://www.hdmcostarica.com

 

Parcel 5 - Development lot -  14037.36 M2 which would accommodate 22 units, 1,2 & 3 story with a 12634 M2 construction coverage. This site would also be suitable for a boutique hotel site offering breath taking views and all the amenities already in place at Hacienda Del Mar.   $3.5 mil.


For more information on all the development and commercial sites we have available, please contact me at - michael@costarica-realestate.com

 

Playa Hermosa  –  Commercial Lot

1497 square meters, fenced and ready to build on.

 Perfect location for a commercial venture, located on the main road in the heart of Playa Hermosa.

 $325,000

For more information please contact me at  RE/MAX  Prestige Ocean Properties

remax.prestige.ocean.properties@gmail.com 

 

 

Mini B & B  - Ocotal on the main road before the gate  -  excellent location

This 1300 square meter property is located at the entrance to Playa Ocotal.  The structure has 5 rooms that are currently rented out short term and the one bedroom, one bath and living room the owner lives in.  Being right on the main road the options for expanding, a restaurant/bar or mini market make this a choice location. The home and all rooms and courtyard area measure out to approximately 3000 square feet.  Plunge pool, 5 minute walk to the beach.

$350,000

 

For more information please contact me at  RE/MAX  Prestige Ocean Properties

remax.prestige.ocean.properties@gmail.com 

 

 

This 1600 square meter lot is on the main road to the airport in Comunidad. Perfect location for any commercial enterprise. Only six kilometers from the airport. 28 meters of road frontage. Every person landing at Liberia airport and heading south or to any Pacific Beach location MUST pass past this property.  5 minutes to the Liberia Airport which is under going A 30 MILLION DOLLAR EXPANSION.

Offers accepted on $275,000


For more information please contact me at  RE/MAX  Prestige Ocean Properties

remax.prestige.ocean.properties@gmail.com 

 

 

 New Projects

 

 

Over the last ten years residential projects in the Playa Hermosa, Playa Ocotal and Playa Panama areas have been established but to date there has not been Master Planned Community as what has been planned for Playa Panama.

 

     

Fractional Ownership

 Hacienda del Mar will certainly set the standards for future developments not only in this area but throughout Costa Rica.

This amazing Master Planned community coming on board: “Hacienda Del Mar” which basically translates to Ocean Estates. Hacienda del Mar (HDM) is Playa Panama’s premier master planned community and the only one of its kind.
The entrance to the location is 15 minutes from the new Liberia International Airport. It is the very first development you come to as you arrive at the beaches down the new Las Truncas Road. The moment you lay your eyes on the sea, there is the development, nestled atop of the bluffs.

The entire property is approximately 400 acres.
The first phase of construction boasts 70 acres.
The developer has almost finished the infrastructure stage, and the residential communities will begin construction in a few months.
HDM will consist of 240 town homes, villas and condominiums.
Each home will have a unique view: either with breathtaking ocean views, vast canyon and volcano views, golf course views, or a mixture of several.
The units will range in size from 1800 to 3300 square feet, with the highest quality of construction.
Some of Guanacaste’s finest custom home builders have been brought on board to ensure the standards you would expect in a luxury high-end development.


It is Resort Living with quality and luxury at the forefront.

The first phase will include two huge clubhouses, with world-class swimming pools. There will be an on-site sales office, welcome center, fitness, gym, property management and retail commercial centers.

There is access to the private Beach Club that is being constructed later this year on the pristine shores of Playa Panama.
The future phases will include the design and construction of a signature golf course, and a luxury brand hotel and spa, to be announced later this year.
The commercial developments will be unique as it not only will service the built-in onsite residents, but also the community as a whole. These commercial sites are already sought after with lease holders, and the variety of vendors is being controlled to host an abundance of tenants.

We do have a couple development parcels left so please inquire for availability and further information.

 

 

 

                        

 For more information contact 

Email - remax.prestige.ocean.properties@gmail.com

 

 

 

 

 

 

 

 

 

Bahia Resorts of Papagayo - Playa Panama

This property is in the heart of Papagayo, directly across the Bahia Culebra from the Four Seasons Hotel, and about 20 minutes from the Daniel Oduber airport. We believe this is the one of the best locations in all of Costa Rica, and one day will become the French Rivera of Central America.

We estimate that there is about 8-10 billion dollars planed to be invested, “the smart money” in the Papagayo area over the next few years, i.e. 15 five star Resorts. Steve Case has publicly announced his plans for an ($800,000,000) dollar resort which is located about 2 miles away for our property.

The Papagayo area has been designated by the Government as a Tourist development priority for the country. These ICT concessions are very unique when compared to rest of the country. This area has a Master Plan, unique set of by-laws, zoning restrictions, government guarantee for utilities, and the federal government has jurisdiction over this land, not the local municipalities.

13 hectares of ICT Concession property in the heart of the Papagayo Resort development area. The property includes boulevard road frontage for commercial lots, a 2 hectare hotel site with 5 road front boulevard lots, 3 killer view condominium sites with views of Culebra Bay and residential lots The options are endless at this stage and a hotel site could also be located on the best view lots presently allocated for the condominiums. Sol Meliá just released news of their new hotel located across the road above this project.

“The design of this luxury resort of 381 rooms in a cascade down to the beach one of the world's most stunning bays. With incredible views from virtually anywhere in the hotel, five restaurants and five bars offer customers a multitude of environments in which they enjoy a sophisticated cuisine while admiring the natural beauty of the region.”

 
The boulevard has been has been designated to be the Costa Rican “ Rodeo Drive” with brick lock roads, bicycle and walking paths, lighting standards and high end boutiques, restaurants and casinos.


Our residential parcels will allow for about (100 residential units) to be developed in a prime location, with stunning ocean views.

Our commercial frontage on the Boulevard is also a prime development opportunity. The neighboring developers, and us, envision the boulevard to become the next “Rodeo Drive" of Costa Rica. Development plans include a 5 star casino, amphitheater, many high end shops and restaurants, directly across the street from our property.

Our Hotel parcel is also, a great business opportunity and an excellent location for a mid-priced, (boutique hotel or a 3-4 star select service hotel). When you consider, the hotel site is a 5 minute walk to Panama beach, our neighbors, the new 5 start hotels( Weston, Viceroy) , room rates will be starting $300 to 700 per night, if this hotel offered room rates from $100 to $150, we believe there would very high occupancy rate year round.


The best asset this area has to offer developers is the quantity of available water resources. The experts estimate there is an adequate supply of water in a massive reservoir (2-3 miles away) to fulfill the needs of community indefinitely. This is one of the main reasons the “Papagayo Peninsula Group - Four Seasons Resort” decided to invest a billion dollars over the next 15 years in Papagayo.

The climate is a “dry temperate rain forest” which is perfect for the Americans traveling south for the winter months. During the high season Papagayo receives very little rain. The combination of the Papagayo winds to cool things down, and perfect sunny days, creates a tropical paradise for tourism.

 

We will also consider a JV or will sell sections separately with financing options.


For more information please contact me at  RE/MAX  Prestige Ocean Properties

remax.prestige.ocean.properties@gmail.com   

 

 

 
 
 
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Playa Hermosa Real Estate for sale by Remax Prestige Ocean Properties , Playa Hermosa, Playa Del Coco, Playa Panama Real estate for sale and Papagayo real estate, Guanacaste condos and villas as well as Playa Del Coco homes and condos. Financing for condo and villas in Playa Panama on ocean view villas and ocean view condos. Playa Hermosa homes for sale by Remax prestige Ocean Properties.