This premier real estate asset in Costa Rica’s Central Pacific offers a unique investment opportunity for high-density residential and commercial projects, featuring world-class cliffside ocean views.

1. Property Executive Summary

Location: Bajamar, Tarcoles, Garabito, adjacent to the famous Peñón Guacalillo.

Total Combined Area: $5,228.24$ sqm.

Lot #2: $2,100.81$ sqm.

Lot #3: $3,127.43$ sqm.

Public Road Frontage: Approximately $97$ linear meters ($40.07$ m for Lot 2 and $57.11$ m for Lot 3).

Asking Price: $\$1,307,060$ USD (Priced at $\$250$ per sqm).

2. Development Constraints (Zoning - Uso de Suelo)

According to the official zoning certificate US-RMU-, the land is designated for Tourist and Commercial use.

Permitted Use: Vertical residential development (condominiums), commercial storefronts, and hospitality services.

Density:

Residential/Commercial: 1 housing unit per $120$ sqm.

Hospitality: 6 guest rooms per $280$ sqm.

Maximum Coverage:

Residential/Commercial: $75\%$ ($80\%$ for corner lots).

Hospitality: $70\%$.

Building Height: Governed by INVU regulations, allowing for $1.5$ times the width of the main road, with potential for increased height based on building setbacks.

3. Investment Highlights

Prime Location: Strategically positioned near the Paso de las Lapas biological corridor, ensuring a unique natural appeal.

Zoning Compliance: The property has a "Uso Conforme" (Compliant Use) status for the intended development projects.

Logistics: Direct access via municipal public road.