Majestic Ocean View Land in Punta Leona, ID CODE: #3945

15-acre elevated ocean view development site in the exclusive Punta Leona gated community

ID CODE: #3945
Sales Price: $2,400,000 Reduced to US$1,750,000
  • Land size: 6.15 ha / 15.21 acres

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The property is located within an exclusive Punta Leona gated community which incorporates a mix of luxury single family homes and condominiums overlooking Playa Blanca and the gulf of Nicoya.

The neighborhood is surrounded by exuberant tropical rainforest rich in flora and fauna including scarlet macaws. It is unusual to be able to find a development site of this size and quality within this community.

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The sellers have cut in dirt roads and terraces as well as carrying out retaining work on one of the hillsides and they were successful in obtaining the condominium association’s approval for 22 water hook ups. Having all these elements already in place represents a huge advantage to developer investors since it will speed up and reduce the cost of the permitting and development process.

There are several ocean view pads as well as lush forest in which walking trails can be cut. This is a choice site for beach residences such as townhomes or single-family homes and we anticipate strong demand for these properties once built.

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The site itself has all the ingredients in place to create a successful and profitable project such as water availability, ocean views, proximity to a pristine white sand beach with beach club amenties, elevated position offering a more comfortable microclimate, lush tropical vegetation and wildlife and proximity to San Jose and the International Airport.

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