Nautica is a 47 hectare (117 acres) beachfront property for sale in Costa Rica’s Guanacaste Province. Located only a five-minute walk away from playa Conchal, Costa Rica and a five-minute drive away from playa Flamingo, Costa Rica, this oceanfront property for sale lay in Brasilito Beach, a small traditional Costa Rican fishing town and is intended for both commercial and residential development purposes.
Costa Rica real estate has been booming in the past few decades since the country has become one of the most politically and economically stable countries in the Central American region. A pioneer in ecotourism, Costa Rica boasts of the largest collection of protected lands in both the developing and developed world and attracts millions of tourists to its many national parks and private reserves on a yearly basis.
What development opportunities are there in this beachfront property for sale?
The Nautica property is divided into three commercial and residential development sites, plus the owner’s area.
First, there is the hotel/condo site. This fully permitted titled 6.7 hectare (16 acres) hotel site has many entitlements including permits for 6 9-story beachfront hotel/condo towers. This beachfront property for sale is uniquely located right in the middle of Brasilito Beach and has all utilities to the site, including power, running water, telephone, cable, internet and paved road access. Its nearest neighbor, Reserva Conchal, is just a 5 minute walk to the south and features the Westing Hotel and a 18-hole Robert Trent Jr. golf course.
Then, there is the condo project Nautica site. This beachfront property for sale is fully permitted for the construction of 6 9-story towers with both beach and mountain views. Here, up to 51 2-bedroom (2,154 square feet) condos and 51 3-bedroom (2,334 square feet) condos plus 6 penthouses (7,653 square feet) can be built. Current permits include a 600,000 gallon pool, gym, conference area and the possibility to convert the condos to hotel units of up to 9 units per floor.
Are there any options for living in Costa Rica?
As we mentioned above, we also offer an owner’s area. This 11 hectare (27.5 acres) section of the property features five existing condos, a large semi-olympic pool, and spectacular views. The section is designed for owners to move right in while they carefully oversee the development of their beachfront section of the property.
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