The Costa Rica Real Estate and its tourism industry have been attracting hundreds of investors from all around the world in the last couple of decades, particularly to its many tourism development centers in the Guanacaste Province. One such example is Nautica, which offers several investment opportunities for both commercial and residential development purposes.
Nautica, located in the Guanacaste Province, is just a 45-minute drive away from the Liberia International Airport (Daniel Oduber Quirós International Airport) and sits in front of Brasilito Beach, a small traditional Costa Rican fishing town, with four miles of pristine beaches directly in front of this oceanfront property for sale.
What investment opportunities does Nautica offer in the Costa Rica real estate?
Nautica is a 47-hectare (117 acres) beachfront development property. This beachfront property for sale is divided into 3 development sites for residential and commercial purposes and an owner’s area, all uniquely located right in front of Brasilito Beach: a hotel/condo site, the condo project Nautica and the restaurant/rental area.
What does the hotel/condo site have to offer?
This 6.7 hectare (16 acre) hotel/condo site is a great opportunity to invest in the Costa Rica Real Estate and has many entitlements including permits for 6 9-story beachfront hotel/condo towers. It’s nearest neighbor, Reserva Conchal, is just a 5-minute walk to the south and features the Westin Hotel and an 18-hole Robert Trent Jr. golf course. It also has all utilities to the site, including paved road access.
What can be said about the condo project Nautica?
The condo project Nautica is fully permitted for building 6 9-story mid-rise towers with beautiful ocean and mountain views. 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).
Current permits allow for the possibility to convert the condos into hotel units of up to 9 units per floor. The site also includes permits for the construction of a 600,000 gallon pool, gym and a conference area. With all infrastructure to the site such as running water, power, telephone, cable, internet and paved road access this really is a great opportunity to invest in the Costa Rica real estate.
What about the restaurant/rental area?
This area has an operating beachfront Tikis bar/restaurant. This section of the oceanfront property for sale has 75 meters (246 feet) of beachfront and is completely titled to the 50-meter mark, a very unusual find in Costa Rica.
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