Ocean Front Land on the Papagayo Gulf
Property is located at the Papagayo Gulf, which is situated in the booming vacation area in Guanacaste and it was designated by government for resort and luxury home development. Property is next to Ocotal and close to Coco/Hermosa beach resort area, where you can find many amenities. Flamingo & Conchal beach resort towns are within 20 minutes: will be shorter when road is improved. The Four Season is 15 minutes away (by boat).
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Liberia International Airport is 35 minutes away. Project owns 654 pristine acres of mostly ocean view hills and mountains and controls 71 acres of occupation rights to oceanfront. Includes concession for 1.1 miles of oceanfront, (600 feet are facing to beautiful Playa Matapalo beach and the other 600 feet are facing a small beach, Playa Majagua). |
There is a master plan proposed. It includes full-service 600-750 unit home home/lot/ villa/condo/rental development featuring views, beaches, & services, a Condo hotel or fractional ownership possible, a luxury spa & hotel 65-90 keys, Beach and health clubs, restaurants, small retail, resort amenities, large natural zones.
Progress to date - Master plan for the project has been prepared - A preliminary conceptual design for a 65-90 room spa hotel and associated villas has been designed. - Submitted the first environmental and regulatory approvals for the development, prepared a draft environmental policy for the project, and identified areas for natural preservation
| Name of project or property offered: Ocean Front Land on the Papagayo Gulf |
| Location: Property is located at the Papagayo Gulf, which is situated in the booming vacation area in Guanacaste and it was designated by government for resort and luxury home development. Property is next to Ocotal and close to Coco/Hermosa beach resort area, where you can find many amenities. Flamingo & Conchal beach resort towns are within 20 minutes: will be shorter when road is improved. The Four Season is 15 minutes away (by boat). Liberia International Airport is 35 minutes away. |
| Size Hectares: 264.00 |
| Acres equivalent : 652.37 |
| Price Per Hectare: $ 159,090.91 |
| Total Price : $ 42,000,000.00 |
| Property Characteristics: Project owns 654 pristine acres of mostly ocean view hills and mountains and controls 71 acres of occupation rights to oceanfront. Includes concession for 1.1 miles of oceanfront, (600 feet are facing to beautiful Playa Matapalo beach and the other 600 feet are facing a small beach, Playa Majagua). |
| Property uses: There is a master plan proposed. |
| Title comments: Ocean Front Land on the Papagayo Gulf |
| Approvals: some |
| Master plan: yes |
| Concession: yes |
| Access: yes |
| Water: yes |
| Electricity: yes |
| Time to nearest international Airport: 30 min |
| Environmental studies completed: No |
| Beachfront lenght: 1,609 meters |