Residential Development Land

14.77 HECTARES (36.5 ACRES) PRIME RESIDENTIAL DEVELOPMENT LAND READY FOR
CONSTRUCTION, PLAYAS DEL COCO, GUANACASTE

This property is located close to the center of Playas del Coco and minutes
from the beach. The local market is in short supply of mid level homes. This
property allows the developer to take advantage of this excellent market
opportunity. Plus much of the legal work has already been done. Quick start to
contrucion. A Developer’s Dream. 14.76 hectares – 36.5 acres - of prime
development property ready for construction with much of the legal legwork
already in place and the red tape eliminated. Construction can begin soon
after closing. A great deal of the work has already been done. Much time, work
and money has been invested to bring to the market a very timely investment
opportunity for a Builder who is Ready to take advantage of the safe place to
invest that Costa Rica presents. Not only is there a high demand for homes in
Costa Rica, but also a high demand for the lifestyle that this beautiful
country offers.

Advances = Readiness = Low Risk = Money and Time $avings

Get a jump on the market with this ready-to-go, gated subdivision to service
the large influx of people that in today's world are looking for the
tranquility of living in Costa Rica. The local inventory of residential units
is quite low, and the demand is not only great but growing for the types of
homes that can be built in this beautiful location. The approved Master Plan
is available for a gated residential community with 60 beautiful homesites and
a site for 45 condominium units which includes space for a community swimming
pool, club house and outdoor BBQ Patio to maximize the residents’ enjoyment of
this beautiful, natural landscape. The homesites have been placed in such a
manner as to maximize the enjoyment of the large areas of native forest.

There is an existing Master Plan in place (renderings will be made available
upon request). This Master Plan does not in any way obligate the developer to
utilize it. The work already done is in accordance with this existing Master
Plan but it is at a stage where a different concept can easily be developed
depending on the owner’s/developer’s concepts. One can even choose to have a
gentlemen’s ranch in this conveniently located property where you can live in
the country with all the advantages of the city. The asking price translates
to $25.57 / m2. With all the work already in place, this property is truly a
bargain.

FEATURES INCLUDE:

1.) Playas del Coco is the largest coastal community on the Gulf of Papagayo
and the area of largest growth

2.) 236 meters of excellent frontage on the paved main access road leading
into Coco and allowing for commercial development to service Village Point
Properties as well as the city of Playas del Coco and the many surrounding
communities

3.) There are two water wells to service this subdivision as well as water
from the municipality

4.) Many of the permits and legal filings are not only already in place, but
best of all they are current and ready for use

5.) Infrastructure drawings 100% completed and passed by the local
municipality.

6.) Property comes with 11 approved water taps from local AYA/BCR, AYA, INVU,
SETENA

APPROVALS IN PLACE

• Zoning

• Sewage treatment

• Soil analysis

• Underground utilities

• Electric service

• Water -Potable water analysis

• Updating environmental studies for start up of the project

• Property elevations in one-meter increments have been completed

• Topography

• Survey work • Boundary markers in place

• Studies – Archeological, Risk Management (Amenazas de Riesgos Naturales),
Certification Geologia Basica (Basic Geology); Hidrogeologia Ambiental
(Hydrogeological Environments)

Is located in close proximity to many beautiful beaches. And the pristine
nature setting only adds to the enjoyment of owning a home in this great
residential community. The center of the city of Playas del Coco (Guanacaste,
North Pacific) is just 2 km away. Coco is a hub of activity and amenities for
easy, tranquil living – restaurants, entertainment, banks (5), grocery stores
(all 5 offer home delivery services), excellent infrastructure, state of the
art medical facilities close by, site of soon to be started Coco Marina,
boating, fishing, spectacular sunsets, AND the Liberia International Airport
is only 30 minutes away.