Nestled along the pristine shores of Mal Pais, this extraordinary beachfront property presents an unparalleled investment opportunity for those seeking to own a slice of paradise. With over 320 meters of beach front, boasting a coveted hotel zoning designation, this expansive parcel of land offers limitless possibilities for the development of a world-class resort or boutique hotel in one of the region’s most sought-after destinations.
Sprawling over 7 hectares, the property has ample space for a multitude of development possibilities. 5.6 hectares of the property are located in the maritime zone. The property is zoned for hotel use which allows for 40% coverage and up to 60 rooms per hectare. The rarity of hotel zoning in this location sets the stage for a lucrative investment opportunity. The remaining 1.5 hectares is titled land that has mixed zoning which allows for up to 75% land coverage for either a commercial or residential development. With over 400 meters of road frontage the development options are endless.
The existing structures on the property include:
- Fully Equipped Restaurant
- 7 Luxury Safari tents (36m2 each)
- 1 Bedroom Beachfront House
- 2 Bedroom Bungalow with Kitchen, Living Room and Private Terrace
- Back of the House with Laundry Facilities and Storage
Building permits are currently in place for 9 additional units and common areas on the concession property and 4 villas for the titled property. Additional building permits are also in the works so this is a prime moment to capitalize on the groundwork that has been done and develop a unique hospitality experience.
The neighboring property is also currently for sale. The combined properties make an incredible development opportunity.
Don’t miss your chance to own a coveted piece of beachfront real estate with exceptional investment potential. Contact us today to explore this unique offering and begin your journey to crafting an unparalleled hospitality experience in one of Costa Rica’s most alluring destinations.
Click here for a 360º virtual tour. For best results view in 4k.