This 1.6-acre parcel - located just 5 minutes from the world-famous Playa Negra in Costa Rica - features over $100,000 in construction value alone and is priced to sell quickly. The property includes an unfinished 1300 sf home, two caretaker cabins, a secure storage bodega and other ancillary structures.
The land is zoned for commercial use and can be sub-divided and sold as smaller parcels, making this the perfect opportunity for investors. It is provided with water from one of the region's best aquifers and also has electrical service. A fiber optic internet connection could be installed at minimal cost.
The location couldn't be more perfect - in addition to Playa Negra, the spectacular beaches of Playa Avellanas, Playa Tamarindo, Playa Junquillal and a dozen other surf spots are all within a short driving distance. It is only a few minutes' drive from a paved highway and one hour from an international airport.
The home was started by a Canadian contractor and the structure has been built with high standards. About 70% finished, the costliest portion of construction has already been finished and new owners will not have to invest too much to complete it.
The lot is perfectly flat, allowing for construction everywhere. Its original owners envisioned creating a multi-unit boutique rental property with half a dozen cabins.
In and around Playa Negra, land parcels of a similar size are priced between $70,000 and $90,000, without any construction, making this an exceptional deal in an area with a growing tourism following.