Multifunctional Property Investment Opportunity in Guanacaste

Price
$1,550,000
Price/M²
$516.66
Price/M² land
$42.12
Lot Size in m²
36794.73

Multifunctional Property Investment Opportunity in Guanacaste

Category

Land and farms

Published

30/08/2023

Location

Sardinal

Price

$1,550,000

Price/M²

$516.66

Price/M² of land

$42.12

Construction M²

3000

Benefits

Near Transit
Plane
Water system
Electrïcity
Easy Acces

Property

If you are looking for a unique property in Guanacaste, here is an opportunity that you cannot miss. This property of almost 4 hectares, with an area of 36,794.73 m², is located in the canton of Carrillo, district of Sardinal, at an altitude of 63 meters above sea level. With a frontage of 100.48 meters to a public street, this plot has great potential and a strategic location.

Property Description:
- Shape: The land has a rectangular shape and is mostly flat, with 95% of its surface in this state.
- Services: It has all the basic and municipal services, as well as commercial and professional services. It has its own water through a well with an abundant supply and is also connected to Aqueducts and Sewers.
- Location: The property is located in an area of high added value, very close to the Coco, Playa Hermosa and Papagayo beaches. In addition, it is a few kilometers from the Daniel Oduber International Airport, which makes it a strategic location for hotel, real estate, recreational, religious or commercial development.

Characteristics of the Constructions:
The property has several buildings with a total of more than 3,000 m²:
- First Section: Includes the main house, a ranch with a kitchen, reception, garage, cabin, cellar, half bathroom, laundry room, and a tool cellar. The built area in this section is 313 m².
- Second Section: Includes a module with three cabins, swimming pools and jacuzzi (requiring improvements due to the COVID-19 pandemic), pump and filter area, water well area to supply the property, kennel, tennis court (316 m²) and play area. The built area in this section is 716 m².
- Third Section: Here is a 320 m² disco, fully equipped with national and foreign liquor patents, disco patent, I.C.T. tourist declaration, a parking area for 50 vehicles (measuring 1,660 m²), a warehouse and an electrical panel room, in addition to a water collection tank. The constructed area in this section is 2,033 m². The nightclub currently requires some improvements due to the downtime caused by the pandemic.

In total, between the three sections, there are 3,062 m² of constructed area, without considering the fence that surrounds the entire property.

The property has a mortgage from the Bank of Costa Rica of $240,000 dollars, which is fully up-to-date.

The land use of the property is mixed, which means that it lends itself to a wide variety of projects.

Current Sale Price: $1,550,000 dollars, which is an exceptional opportunity, considering that the appraisals are considerably higher, the last one carried out in May 2019.

The owner is willing to finance a third of the price for a term of 3 years with an annual interest rate of 6% in dollars.

Note: The pool and some areas require repairs due to the temporary closure due to the pandemic.

This property has a high present and future value, with more than one hundred meters of frontage to the main road and mostly flat land with a two-meter-high perimeter fence.

If you would like more information about this unique property in Guanacaste or to arrange a viewing, please do not hesitate to contact us. We are here to answer all your questions and provide additional information.

JointCapitalCR,
Real Estate Advisors.

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