Beachfront Development Parcel in Playa Grande

  • $19,500,000
Featured For Sale
Playa Grande, Cabo Velas, Cantón Santa Cruz, Provincia Guanacaste, 50308, Costa Rica
Featured For Sale
Beachfront Development Parcel in Playa Grande
Playa Grande, Cabo Velas, Cantón Santa Cruz, Provincia Guanacaste, 50308, Costa Rica
  • $19,500,000

Description

This 16-hectare (40-acre) parcel of titled beachfront land presents a distinctive development prospect in Costa Rica. Its exceptional value stems from the scarcity of titled oceanfront land in the country, coupled with its prime location in a thriving region.

Situated along Playa Grande in Guanacaste, one of Costa Rica’s rapidly expanding beach communities, the property offers ideal conditions for various development visions, whether it be a signature surf hotel, an exclusive residential community, or a luxury health retreat. The land features a completely flat topography, confirmed utility access, and clearly defined developable space according to legal parameters.

Since 2021, residential lot and home prices in Grande have more than doubled, driven by several factors. Firstly, the globally renowned Playa Grande surf break attracts surfers from around the world, consistently boosting tourism in the community.

Secondly, significant environmental and water-related issues were successfully addressed, paving the way for community development. Simultaneously, the influx of expat families and digital nomads into Costa Rica during the post-COVID relocation boom from 2021 to 2023 further fueled the area’s growth. Clear boundaries for the national park and developable areas were established, leading to a surge in construction within the community.

Thirdly, Grande benefits from its location in a corridor with essential amenities that attract expats, including private schools, healthcare facilities, and a well-connected international airport.

The noticeable rise in private school enrollment in the area reflects a broader trend in Guanacaste—more individuals than ever are interested in visiting or relocating to Costa Rica. The government’s pro-foreign-investment policies have created a region ripe with opportunities and a growing audience, with 2023 poised to be a record year for international arrivals in Costa Rica.

For serious investors seeking to establish a legacy property, this Playa Grande parcel offers oceanfront land for sale that is unparalleled. Contact us for additional information.

  • Address Playa Grande, Guanacaste
  • City Playa Grande
  • State/county Guanacaste Province
  • Zip/Postal Code 50308
  • Country Costa Rica

Details

Updated on February 9, 2024 at 5:53 pm
  • Property ID: 20181
  • Price: $19,500,000
  • Land Area: 39.73 acres
  • Property Type: Investment Land Lot
  • Property Status: For Sale

Overview

Property ID: 20181
  • Investment Land Lot
  • Property Type
  • 39.73
  • Lot acres

Contact Information

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Matt Rosensteele

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Matt Rosensteele
  • Matt Rosensteele