Ocean Lot ready for Construction

Ref # : 22-16

Location : Manuel Antonio

Price : $ 20,000,000 Sold

Land Size : 28 738 m2


Types :

Features :



Status : Sold

Date Sold : 06/07/2011


Real Estate Description

TITLED beachfront with 200 meters of direct beach frontage, and road frontage on the main road.

This is the number one property in Manuel Antonio, and the only significant piece on world famous Manuel Antonio beach. The property comes with an approved environmental impact study for a condo/villa project and over $1M worth of infrastructure has been completed in the last year.

Note: There is a lawsuit with the neighbor over 7 meters of land on the back property line. According to the following plan designed by 4 Season’s architect Miguel Rivera, the total sellable or rentable area, not counting, gym, restaurants, administration, B.O.H., or parking, guard shack, etc is 13,586 m2, or 146,190 sq.ft, and this is without getting super aggressive.

The plan allows for 146 units of 1000 sq.ft. condos, or 292 hotel rooms of 500 sq.ft. each, plus all the required public spaces, parking, restaurants, road, etc., and is based on only 4 floors of height (there is no zoning restriction here and this is titled land).

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