This is a 4 hectare parcel with significant frontage on Highway 34, also known as the Costanera, or coastal, Highway.
The property has flat areas that slope upward to provide great views of the Pacific and the Terraba River basin. The property is accessible from the highway, as well as another public road that goes to Punta Mala.
The lot is just minutes south of Ojochal, which has become one of Costa Rica’s premier expat communities and one of the hottest real estate markets in the country right now.
This property could be used for either residential or commercial development. It would be great for a boutique hotel, or for a condo development with individual cabinas with ocean views.
There is ample water available as the well for the local Asada (rural community water supply) is actually on this property!
Going south is the community of Cortes, which features the area’s only new regional hospital. The property is less than a half-hour from the airport in Palmer Norte and only about 30 minutes or so from popular beaches like Uvita and Dominical.
The price is right and this property presents one of the best investment opportunities in the area.