If you are looking for real estate investment opportunities then this beachfront property in Costa Rica is for you. Nautica is a 47-hectare (117 acres) beachfront property in Costa Rica for both commercial and residential development purposes. This beachfront property for sale is located in Brasilito Beach, Guanacaste, just a 45-minute drive away from the Liberia International Airport (Daniel Oduber Quirós International Airport).
The Costa Rica real estate has been booming in the last years ever since the country became the most visited country in the Central American region. By 2004, the tourism industry was generating more revenue and foreign exchange than bananas and coffee combined and in 2016 a million tourist came into the country from the United States alone and almost half a million came in from Europe.
The Nautica beachfront property for sale is divided into 3 commercial and residential development sites: a condo / hotel site, the condo project Nautica site, the restaurant / rental site and the owner’s area.
The condo project Nautica site is fully permitted and ready to start construction today. The site’s permits allow for the construction of 6 9-story mid-rise towers with both ocean and mountains view. Up to 51 2-bedroom (2,154 square feet) 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. This site’s entitlements also include permits for the construction of a
Are there any opportunities for living in Costa Rica?
As we have already mentioned above, the Nautica beachfront property in Costa Rica also offers the owner’s area. This 11 hectare (27.5 acres) section of the beachfront property for sale already has five existing condos, a large semi-
You will love read: Costa Rica Real Estate Investment Opportunities: Nautica