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Ranch & Residence for sale in Ciudad Colon, next to University for Peace
ID CODE: #1706

 
 
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Land size: 5,000 M2 (1.23 Acre)
Construction area: 400 M2 (4,305 sq. ft.)
Price: US$525,000 Reduced to US$445,000



Click on the pictures to enlarge

Full of nature yet close to everything:

This is the paradise that you have always dreamed of.  A semi-rural property surrounded by nature.   Imagine having this picturesque 20 meter - 60\' high water fall in your own backyard !  Costa Rican flora & fauna abound:  toucans, monkeys, fruit trees, exotic plants and butterflies.    This can all be yours and only 20 minutes away from from the best shopping in Costa Rica. The property has a complete orchard including a variety of citrus, mangos, and banana trees.



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Great place to live and to have an attached development and income property!
 
The property is divided into two parts.  One side is the main residential area complete with  exquisite architectural walls and entries, guest house, office, large garage with apartment,  multi use building and graded building site for the main house.  The other side is partially developed,  was planned to have 3  houses and 9 apartments to rent to the university students and professors and or may serve as an eco lodge complex.  This is a great investment/income potential producing property. The community is anchored around the United Nations University for Peace and close to the Forum of Santa Ana making this a highly valued residential zone.

You can build your own house.  All the grading and infrastructure has been completed saving 20k in the construction costs.  For 150-175k you can build up to a 270 m2 3000 s/f main house.  By purchasing the property for 525K, building the main house for $175k you would have a total investment of $700k yet the property would be worth $1 million with the main house.  You would realize a net gain of 300k just by building the main house.  The 3 rental  houses and apartments would cost $400k and gross 6k in monthly rentals for a 18% return.  The additional 400k would increase the value of the entire property to 1.6 million

This property is a bargain at $525k.  The land prices alone in the community of Rodeo are currently selling at $75 - 90/m2 .  5000m2 at $75/m2 $375,000 + 400 m2 of construction plus the beautiful entry walls, gates, gardens and infrastructure all professionally planned and built by a North American architect and North american contractor.  To purchase this same property and duplicate the existing work would exceed $750k.  You must see the property personally to see the quality and its potential.

The community is anchored around the United Nations University for Peace, making this a high valued zone. The property is in the best area for sustainable growth in the Central Valley. The Rodeo Nature Preserve and  the (800 hectare) Guardian coffee plantation which abuts the Preserve.  The coffee plantation is currently in the developmental planning stage and will be a destination resort hotel, golf course and high end, low density housing development.  This positive development will only add a substantial value to all the surrounding properties in the future.

Great Location!

Located only 35 minutes west of downtown San Jose, 30 minutes from the Juan Santa Maria International Airport, 25 from Cima Hospital , 20 from the Forum of Santana home of the largest commercial center in Central America, 15 from the new entrance to the Caldera-Orotina freeway which provides a 1 hour access to the beautiful Pacific beaches of Costa Rica.

 This property is located within the beautiful, pristine community of Rodeo and the Rodeo National Preserve, just 10 minutes from downtown Ciudad Colon.
The area is rated as one of the top ten best climates in the world, a very pleasant weather all year.  Perfect weather year round !

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