Property Description
Introducing an exceptional development opportunity nestled within the conveniently located Pez Vela neighborhood of Costa Rica, this expansive development land spans 1 hectare (2.5 acres) and is strategically priced at $55/m2, presenting a compelling investment proposition.
The generous dimensions of the lot, measuring approximately 59m wide and 170m long, afford the potential creation of approximately twenty-nine 300m2 lots, complemented by a 7m wide access road that could be created for access. This configuration positions the property as an attractive prospect for a discerning buyer, as current market rates for residential lots in the area hover around $125/m2. The astute investor stands to realize a lucrative return on investment by subdividing the lots and implementing essential infrastructure.
Situated along the Costanera Sur Highway 34, just north of Herradura and Villa Caletas, and in proximity to Punta Leona, this prime location offers access to the pristine white-sand beaches of Playa Blanca and Playa Mantas. Within walking distance, one can conveniently find restaurants, while a short drive places Punta Leona Club and beaches within 15 minutes, Jaco within 20 minutes, Herradura within 10 minutes, and the natural beauty of Carara National Park just 15 minutes away.
An additional advantage of this development property is the absence of monthly maintenance fees, further enhancing its appeal. Seize the opportunity to acquire this strategic parcel in Pez Vela, where potential meets value, and envision the realization of a lucrative real estate venture.
