Guanacaste, Playa Flamingo, Costa Rica

Excellent development opportunity with a plot of over an acre, close to the beach in Playa Flamingo, Guanacaste with views of the ocean and is one of the largest development lots close to the beach.

This unspoilt land of 4,140m2 (44,563 square feet) is 100% titled property with no building restrictions. Permits can be obtained for condos, commercial centres, hotels, residential houses or mixed-use projects, with the location making it highly desirable in the heart of Flamingo's social and entertainment centre, close to La Plaza commercial centre which features local establishments like Marie's Restaurant, Angelina's Bar and Restaurant, EcoTrans, a pharmacy and medical clinic, a tourist services centre, souvenir shops, food kiosks, and small outdoor amphitheatre seating where bookings include local artists, musical concerts, shows, church services, and more.

The Property is just 20 metres from the beach with breathtaking and unobstructed oceans views. The property is also only 20 metres from the Flamingo Marina and has access by two entrances to the only two public, paved main roads in Flamingo.

Flamingo Beach is an exclusive development area renowned for its consistent growth and is ranked as one of the best destinations along the entire Gold Coast of Costa Rica, its world-class beach being its main attraction. Year after year, it has been awarded the Blue Flag from the Ministry of Environment, a distinction showing it's passed environmental clean water studies. Not only is Flamingo Beach gorgeous geographically, its encompassed between two prominent ridges, known as North and South Ridge, that acts as an enclave nestling a wide expanse of white sand beach. Known in many tourist guidebooks as the upscale "Beverly Hills" of Guanacaste, most of its high-end real estate are multi-million dollar mansions and villas overlooking the Pacific. The entire Flamingo Beach area is accessed via newly paved roads. This area has become the focus for opportunity and development. New condo developments are emerging in Flamingo and with the future marina, this land is a outstanding piece of investment.

45 minutes Liberia International Airport

15 metres Marina

15 minutes Tamarindo Airport

5 minutes Beach Potrero, Brasilito Beaches

The project suggested is a two building development project comprising of 32 luxury ocean view condominium residences in the centre of Playa Flamingo. The 32 units range in size from 108 - 177m2. This is a unique investor/developer opportunity with potential of at least a 300% return on investment.

Some featured amenities are: Underground and Exterior Parking Spaces, Pool Area and Waterfalls, Security Gates, Technology Infrastructure (wireless high-speed Internet everywhere on the property)

The price for the property is $1,350,000.

For more information please get in touch.

REFERENCE: 214495