Land for Luxury House/Condo Development for Sale in Limon Street, La Garita, La Garita, Alajuela, Costa Rica

Best Property at Best Climate in the World, Ready to Build

This large 4,5 hectare (11,27 acre) farm is located on the Alajuela province of Costa Rica, specifically a small city named La Garita which is world famous for being classified internationally as the best climate in the world. The location of this property could not be any better: 15 minutes away from the Juan Santamaria International Airport, 5 minutes away from the new highway known as Route 27 that shorten the distance between San Jose and Central Pacific (Puntarenas) from 2 hours to only 1 hour, and right on the street named CALLE LIMON or Lemon Street where impressive luxury homes can be found.

The property adjoins with two impressive luxury homes at both East and West boundaries. The total front to the public road is 87 meters (285 feet) and total length is more than 500 meters (1,640 feet). The entire front of the property is covered by a 2,5 meters (8,2 feet) tall wall. There are plenty of small fruit trees as well as beautiful old growth trees. Approximate at the center of the property there is a small hill that shows an outstanding landscape view. From there a moderate slope starts to the bottom of the property until you reach a beautiful small river which is actually located inside the property. Another important aspect is that this property has a natural water source located approximate 30 meters from the entrance that can be used for irrigation, filling a swimming pool among other uses. Governmental permission has been obtained to use this water source.

The property can be used to build a dreamed luxury home, a small/medium sized hotel or to develop a luxury condo project. Local Municipality has acknowledged in writing the zoning plan allows developing lot/ condo projects. The potential profits from selling lots/ condominiums for developers can be really high. Other developments in the area sell lots at prices beyond USD $120 per sq. meter. Asking price for USD $45 per sq. meter is very reasonable. Basically is not possible to find another property like this in the area. Willing to finance 50% of the selling price at only 8% yearly interest.