Coastal Breeze Farm, Cortez/ Muneca $550,167

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Coastal Breeze Farm
Map
Lot Acres 75 acres
Overview
This property is located about 35 to 40 minutes south of Dominical and about 15 minutes north of Palmar Norte on the south central pacific coast of Costa Rica. It is ideally located for a development and subdivision due to its location. It could also make a wonderful estate lot with just one home and a horse farm or a 10 unit Condo development. The most advanced hospital in Costa Rica was just built only minutes away in anticipation of an International Airport slated to begin construction when the hospital is finished. The Int. Airport when built will be about 20 minutes away in between Palmar Norte and Sierpe. In addition, there are adjacent subdivisions and developments which have made significant improvements to the infrastructure of the area including enlarging the entrance road from the Costanera, gravelling the road and bringing electricity up the hill. Much work has been done that will benefit the buyer allowing better road access and cheap electricity installation, and translating to a greater value for the buyer of this farm without any expense.
The upper half of the farm has very beautiful ocean views and when subdivided will yield a minimum of 8 ocean view lots, with a value of approximately $100,000 each when electricity and water are brought to the lots. There is already an access road which traverses the entire farm and it needs only widening and gravel to be fully functional.
The lower half of the farm consists of many flat areas which could be divided and sold as valley view lots which are being sold for around $65,000 a hectare in the area. The lower half could also be sold as one 15 hectare piece for a horse farm, or planted with hardwoods as a tree farm for investment in the future. Many of the lots on the lower half also have very very small "peek" ocean views, enhancing their value. Adding a second story to any house built on one of these lots would increase the view.
Perhaps the best aspect of this farm is the 2 year round springs . These will provide more than enough water for any development, with minimal additional expense for infrastructure.
All in all this farm is an excellent investment at $550,167 with excellent financing and terms. Price and terms are very negotiable.

--Lots of water, multiple springs, 1 year round, city water (Cortes) nearby
--Location, location, location. Near new Hospital and Int. Airport and located along the best road in Costa Rica the Pacific Costanera.
--Excellent accessibility. Can be reached by 2 different entry roads, neither of which cross any rivers or creeks. Entrances from the Costanera have been enlarged and roads have been fully gravelled by other developers in the area.
--Electricity is immediately adjacent to the farm.
--Value of ocean view half of farm easily exceeds purchase price. Ocean view lots in this area start at $150,000. Valley views at $65,000. There are a minimum of 8 ocean view lots above and maybe as many as 15 valley views on the lower half.
--Adjacent developments are priced very high enabling faster sales without loss of profit by undercutting area prices slightly.
--Beautiful Ocean Views.
--Beautiful Valley Views.
--Farm was a tree farm previously and is well suited to continue in that vein as well as be developed.

Owner is willing to Finance with $200,000 down with negotiable payments and interest (All offers considered). Great Opportunity. Act Now!
Amenities
  • Ocean View
  • Mountain View
  • Wooded
  • Mountain Frontage
  • Sportsfishing
  • Bike Paths
  • Exercise Area
Coastal Breeze Farm
Cortez/ Muneca
Costa Rica
Sale Type:
Category: Farms
Details
Lot Acres: 75 acres
Coastal Breeze Farm
Cortez/ Muneca
Costa Rica
Sale Type:
Category: Farms
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Coastal Breeze Farm
Cortez/ Muneca
Costa Rica
Sale Type:
Category: Farms
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Coastal Breeze Farm
Cortez/ Muneca
Costa Rica
Sale Type:
Category: Farms
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Green Leaf

Dominical, Costa Rica

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