Reserva Papagayo Ocean View Development Property .

Playa Panama, Costa Rica

Listing ID: 00084090166

Located on the North West Pacific Coast of Costa Rica in Guanacaste province and just 25 minutes from the Liberia International Airport (LIR).
Within very close proximity to the Marina Papagayo, Four Seasons Resort, Hyatt Andaz Resort, Arnold Palmer Golf Course, Allegro Papagayo Resort (currently receiving a complete renovation) and the future Rosewood Puerto Papagayo.
Just 200 meters from Playa Manzanillo and 20 minutes from the CIMA Hospital.
Within 30-45 minutes of all major tourist infrastructure and just 35 minutes from the capital City Liberia. 231 linear meters (757 feet) of Public Road frontage.
The is 200 meters from the beach along the same public road.
The terrain is slopped and lends itself to terraced ocean view condo or home sites.
It is perfectly situated for a midrange ocean view development with very close access to the beach.
Being in the Polo Papagayo Zone the property enjoys easy access to utilities and permitting not available in other areas.
Power is currently on the public road that borders the property.
A public water line is approximately 400 meters from the property which was built to serve the Marriot Hotel whose property is 500 meters to east.
Approximately 500 meters of paving is required to have pavement all the way from the Liberia Airport via public roads.
The public road continues 200 meters to the beach and provides direct public access from the property. This is one of the only development parcels in Guanacaste that could start construction relatively quickly.
According to the zoning density allowed for this property, 150 ocean view condos could be built (40 – 3 bedroom, 50 – 2 bedroom and 60 – 1 bedroom). 13.5 Hectares (33.3 acres) – Fully titled.

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$ 1,500,000.00
Lot size:
133,546.00 Sq Mt.
1,437,475.79 Sq Ft.

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