Papagayo Resort Site 136 hectare (338 acre) Ocean Views Playa Panama ( Guanacaste, CR - 5019) Land Only

$28,000,000
Ocean View

Remax Prestige Ocean Properties

Michael Mills Michael Mills 506 2672-1298 (Office) 1877-293-1456 (Office) 506-8867-6929 (Cell) Request More Info

  • 8 min to Hospital, 12 min to Airport
  • Type: Commercial
  • Style: Lot / Land
  • Development Level: Land Only
  • Lot Type: Rectangular
  • Lot Size: 338 acres

Description

The Papagayo Resort site is a 136 hectare (338 acre) hilltop property in Costa Rica with dramatic views of the Pacific Ocean and access to the beach. The site lies approximately 15 minutes from the “Daniel Oduber International Liberia Airport”, 8 minutes to the CIMA Hospital. Directly adjacent to the site are the existing communities of Playa Panama and Playa Hermosa.
Government Supported and Entitled This is a government backed project, named a “priority for the country,” with utilities by the government. In addition, the parcels making up the project site are contiguous and are zoned for full scale resort development.

Magnificent Views
With 150 meters of varying slopes and diverse topography, this site provides magnificent unobstructed views of the Bay of Culebra, Gulf of Papagayo, Four Seasons Papagayo Resort and the Pacific Ocean.

Utility Infrastructure In Place
Due to the Property’s unique location along the main roadway to the airport, the project has main road frontage allowing for great commercial potential and exposure in addition to having many access points throughout the property making construction and utility access easy. Road front access to the required utility infrastructure, including electricity, trash collection, water and telephone/data communications services.

Great Beach Access
The Papagayo Resort property has access to the longest stretch of beach in Papagayo, with more than two miles of
beach front and is located within a short 5 minute boat ride to the new world class mega yacht Papagayo Marina.

Abundant Local and Regional Amenities
The Guanacaste Region of Costa Rica is poised for tremendous growth in the next several years and will begin to rival Baja California and Cancun as a premier resort destination serving the Americas. The Guanacaste Region offers visitors and residents a wide array of recreational opportunities, a favorable climate, a distinct culture and relatively easy access from various locations in North and South America. Major area amenities are outlined below:
• A warm, welcoming culture
• A perfect climate year round, with no history of hurricanes
• Unique and varied landscape
• Easy access to the new CIMA Hospital
• Easy access to international airport
• Wide selection of regional amenities and recreational choices
• A stable government and economy
• Qualified and available workforce
Views and Amenities - The project site has numerous high points, ridge lines and cliff areas, which provide dramatic views to the ocean and surrounding mountains and volcanoes. The plan for the property includes maximizing density in areas that have significant views to the water and leaving “non-views” parcels as ecological preserves. Development in Costa Rica varies widely both in the type of land and quality of the construction. While many projects have been developed on steep slopes, they typically have a detrimental effect on the appearance of the land.
For the purpose of our initial planning efforts we have identified 40% slopes to the upper limit of development.
Slope and Topographical features. - The project site is made up of two stacked ridges running parallel to the bay, therefore creating two large platforms for development, with dramatic views. Since Costa Rica is free from snowfall or freezing temperatures, there are not the same constraints for maximum slopes for roadways or driveway access.
Waterfalls - The presence of water is felt throughout most of the property, with two seasonal waterfalls present ranging from small trickles of water tucked away in the tropical forest, to 10 meter high raging falls which will provide a dramatic backdrop to the resort. The project entry road, with a wooden bridge crossing would provide a unique entry feature to the resort. The water theme could be carried throughout the property by integrating streams, galls, wetlands and ponds into the resort features and the storm water retention system.

Features

View

  • City Lights
  • Golf Course
  • Hills
  • Marina
  • Mountain View
  • Ocean View
  • Panoramic
  • Pasture
  • River View
  • Valley
  • Water View
  • Woods
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Information is deemed to be correct but not guaranteed.