Montecito Development Parcel in Guanacaste
Montecito is an exceptional parcel of ocean view land for sale in Guanacaste, Costa Rica. Originally purchased in 2005, the Montecito Development Parcel is comprised of 2 connecting farms for a total of 52 acres. Roughly half of the parcel has ocean views while other views are of the valley and surrounding teak plantations. Montecito is a SETENA approved project ready for turnkey real estate development in Costa Rica.
Included with the Montecito Development Parcel is an approved Horizontal Condominium D1 Project, officially recognized by the government and ready for construction. The 52 Acre Parcel holds the valuable designation of being SETENA Approved for seventy one (71) single family homes designed to meet the current real estate market.
Land for Sale Near Hacienda Pinilla
Montecito is a short drive from and overlooks the JW Marriott Resort, Hacienda Pinilla, Playa Langosta,Playa Tamarindo, Playa Grande and beautiful Playa Avellanas. Expansive ocean views from the top of the property compliment low mountain vistas. This Guanacaste parcel has public and private water rights. A seasonal river swells during rainy season to sustain 2 private artisan wells within parcel boundaries.
•Montecito is located inside the affluent Pinilla Valley – 15 minutes south of Tamarindo
•Only minutes from our pristine beaches and championship golf, seaside dining and more found in Hacienda Pinilla and Tamarindo
•We are neighbors with the Travelers’ Choice® 2013 Winner and #1 rated boutique hotel in Costa Rica: Los Altos de Eros Luxury Inn and Spa
•World-class surfing and ceviche found at Playa Avellanas
•And the incredible 5 star JW Marriott Guanacaste Resort & Spa
The final construction permitting process was paused at the most advantageous point and gives the new owner the following options:
1) Evaluate the existing plan and move forward.
2) Make any changes they see fit, request new permits and move to construction.
Contact us today for more information on this unique opportunity to own land for sale in Costa Rica.
$4.2MM or $20/m2 for 210,400m2 (21 Hectares or 52 acres)