Santa Teresa Hills Development Opportunity

Montezuma real estate, Costa Rica Bienes Raices, Eco Real Estate, Green Real Estate

Location: San Isidro

Price: $325,000 / $6.50/m2

Land Size: 5 Ha (12.5 acres)

Features: Gorgeous 360 degree views, newly-planted organic orchard, internal roads in place

Ref#: 4-228

Property Description:

This impressive property is a great deal at only $6.50/m2 with some ocean views! Located just 8 minutes from the center of Malpais and Santa Teresa, the property is made up of a set of small hills. One of the hills has gorgeous 360 degree views, including some ocean views. Two other hills have second-story ocean views, with beautiful mountain views. All the building sites have beautiful views of one kind or another. There is a well. The property is bordered on two sides by a stream that runs in the rainy season, which has along its banks many huge trees. The owners are in the process of reforesting the land near to the stream to expand the green zone and provide more food and habitat for animals and birds. In addition, there is a newly-planted organic orchard in the center of the property that includes nearly every species of popular fruit that grows here, both common and little known tropical species. $15,000 in internal roads are already in place to reach all the building sites . The owners are in the process of developing a small eco-community here, with eight lots, a lake filled with fish, and a caretaker/guard cottage. They would also consider selling half the property to someone who had similar ecological views, either to develop with them, or to keep half the property as a single large lot. This property would also make an ideal spot for a family compound with several houses on the best spots, and the rest left for reforestation, organic orchards and gardens, and the fish-filled (Tilapia) lake in the center.