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USD 1,300,000

Manuel Antonio
Manuel Antonio, Puntarenas

Property Description

This property has breath taking ocean views that not only you see, but you can hear! Just a short walk away is a beautiful beach, ideal for kayaking and snorkeling as it is sheltered from waves by the picturesque bluffs that surround the water’s edge. Additionally, there is a trail system that connects to other famous beaches like Playa la Macha & Tulemar Beach. This ocean view lot has .92 acres of land a distributed between 3 tiers, each with remarkable ocean views. This property sits on top of the entire area and looks down along the coastline where you can enjoy dynamic views and see all the boats leaving the marina which is only 10 mins away. When you are designing your luxury home, the terrain allows you to have ocean views from every level and the zoning allows you to build on 70% of the land which leaves no limit for the masterpiece that can be created. There’s no faster way to get appreciation on a property than when you build. Re-sell values on brand new luxury homes with 4,500 – 5,000 square feet (418-464 M2) will be between $3.5M-$4.5m. At $2,000 per square meter for luxury construction, you would conservatively spend $1M-1.3M in construction & $1.3M in land acquisition for a total investment of $2.3-2.5M and have a home valued at $3.5-$4.5M. Whether you are creating your forever home, or looking for a return this is a piece of real estate that cannot be replaced. Location-Location-Location, This property is located in Manuel Antonio within walking distance to the Ronny’s Place Restaurant and Restaurant Casa Lamia. The local airport is only a 10 minute drive which means you can get to your home without a full day of adventure.

Listed by Coldwell Banker Vesta Group Dominical

Property Details

ID #
18440
Status
For Sale
Type
Lots & Land
Lot Area
39,988ft2

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