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Carara Bay Development Project

$ 8,000,000 Asking Price
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Pura Vida Rentals

Phone:+506 2637-1919
Email:[email protected]

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Property Description

There are so many possibilities with this property because of its’ size and location. The owners are seeking either a capital partner, investor, or buyer. To fully appreciate the possibilities, please watch the 3-minute video summary below.

Carara Bay Development is located less than 1 hour from San Jose, on the Northern border of Costa Rica’s most popular beach resort, Punta Leona. With over 112 acres of Titled property, including Playa Agujas beachfront and a beach club lot on Playa Blanca, the property can be used in a number of different ways. The developers have land plan scenarios that show the versatility of the land: subdivisions, lots, single-family, condos, etc. Like many other developments worldwide, this project was put on hold in 2009 due to the global economic crisis. The developers kept up the improvements to the land and continued with the permitting process so that when the market recovered the property could be developed quickly. A Setena permit has been granted for the marina but the developer is still waiting for a concession for the maritime zone.

There are currently 3 master land plans completed which can be adapted to the changing economy and real estate market. Click on the links below to be taken to a general description of each plan. Detailed plans are available in pdf format and can be downloaded below.

1. Luxury Eco Village resort with a marina on the coast
2. Retirement Community consisting of higher density, lower-cost units and a marina on the coast
3. Luxury Resort featuring an inland marina that would be accessed using a lock system

Please see video below.

State/County:
Zip: 61101
Country: Costa Rica
Property Id: 22490
Price: $ 8,000,000 Asking Price
Property Lot Size: 450,000 m2

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