Uvita Grove

ID CODE: #3165
Sales Price: US$58,000
  • Land: 4,000 m2 (43,040 sq.ft.)

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A gorgeous acre of land, located in a very quiet and shaded area of Uvita. This is an excellent entry level property for getting established in Uvita. Or for those already established in the area that would like to invest in an income generating property or spec-home. The services are in to the property edge and it is ready to build.

There are glimpses of the ocean from parts of this property, but the primary virtues of this property are: the area where it is located, the quiet, the proximity to Uvita’s services & shops, beaches and rainforest & ocean tours. And then there is the overall niceness and potential of the property.

Most of the acreage is usable, so there is plenty of room for a main house a pool, and perhaps a couple or several rental villas. The location is prime for income generation from rental villas. You are right in the middle of all the tourism activities that are offered in the area. You are located about 7 minutes to the Marino Ballena National park and about the same distance to a gorgeous waterfall & pool with others not much further away. And then there are the ocean related activities all up and down the coast: surfing, whale watching, fishing, stand-up paddle boarding, kayaking, ATV tours etc...

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The current owner decided to not do the tractor work of putting in the entry drive, nor the building pad. There are a variety of ways that this property can be developed, so it’s a clean slate with wide open possibilities.

Rental villas were mentioned. Also the seller has priced it to sell so it would be a great property for the speculative investment builder. Buy this property at $69,000, build a 1,400 sq. ft. house on it for $130,000 – you’ve got $200,000 invested. Our imaginary house would likely command somewhere around $280,000 - some nice supplemental income to round out your year.

Or of course, there is the option of building your home and living in it. Uvita is one of the fastest growing areas with a steady stream of people moving in to the area. There are banks, grocery stores, medical & dental services, hardware stores etc. Uvita is fast becoming the core of life in Costa Rica’s southern pacific zone and is getting repeated mention as a top tourism and re-location / retirement area on the globe.

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