New to the market, there is nothing quite like this 301 hectare (745 acres) development property. Encompassing an entire mountaintop, the property sits at the halfway point between two of the most popular tourism destinations in the country, Manuel Antonio and Dominical. The land features panoramic ocean views, Savegre River views, ancient primary rainforest reserves, fresh water springs, waterfalls and large cattle pastures that are prepped for development. It is an exclusive location at the end of the road with nothing but huge swathes of rainforest surrounding 3/4 of the property. The characteristics of the land, combined with an ideal location on the Central Pacific coast, makes this one of the finest opportunities for a new luxury development anywhere in Costa Rica.
Topographical and environmental studies for a world class wellness retreat have been performed on this specific property. 50 hectares (122 acres) of the property were planned for development with the remaining 251 hectares (623 acres) preserved as a nature sanctuary. The primary development site slopes from the southwest to the northeast, providing multiple ocean view building opportunities with heights ranging from 330 meters (1,085 feet) to 510 meters (1,675 feet) above mean sea level.
The project was approved by the Costa Rican government and included 6 development phases with plans for 100 hotel rooms, 127 single-family housing units, 2 club houses, a home owner’s club, spas, multiple pools, recreational guest amenities, restaurants, food & beverage facilities, a meeting space and a wellness facility. The remaining acreage would include hiking and riding trails where guests can enjoy a pristine rainforest setting that few in the world get to experience first hand. This offering also includes a separate land parcel located at the base of the mountain. Bordering the entrance of the property’s primary access road, this area features coastal highway frontage which greatly increases the visibility of a project. This parcel can be utilized for guest receptions, signage, parking with shuttle service, a commercial business, storage or a variety of uses.
To determine the water supply for a development of this scale, a thorough study of the property’s natural water resources was commissioned. Water can be obtained from approximately 35 on site fresh water springs. Water from these springs yielded an average of 60 liters (16 gallons) per second during wet periods and an average of 30 liters (8 gallons) per second during dry weather. During peak demand through the dry season, the project could also rely on water reservoirs if necessary. To keep with the sustainable goals of the project, water provided to the buildings was to be supplied by recycled grey water, treated rainwater and potable water.
The original concept for a wellness center is a perfect fit for this development property. Wellness tourism is an identifiable niche market and it is expected to grow 50 percent faster than the overall tourism industry. Wellness tourists are generally high-yield tourists, spending, on average, 130 percent more than the average tourist, and according to a forecast by the Global Wellness Institute, the wellness travel sector will exceed $600 billion in 2017. Given that Costa Rica is a premier global tourism destination with an established reputation for healthy living, this property is ideally positioned to tap into the lucrative wellness market.
Although the proposed project was conceptual, preliminary studies give us a good sense of what can be accomplished here. Our team at Costa Rica Real Estate Service will be pleased to provide these reports for verification, but due to the proprietary nature of the documentation, this information will be provided to prequalified investors only.
With stunning ocean views and ancient rainforest areas, the property itself is a unique destination. An additional highlight is the property’s prime location neighboring secluded beaches and popular adventure tours. In minutes, guests will be able to dip their toes in the water at the wonderful beaches of Playa Linda and Playa Matapalo. These beaches are the very definition of tropical and feature long stretches of palm lined, sandy shores.
The mouth of one of Costa Rica’s most pristine rivers, the Rio Savegre, can be seen directly below the property. Further up the river, guests can take white water rafting tours on class II to class IV rapids. During the dry season, the water is an alluring shade of blue and during the rainy season, the rapids become much more exhilarating. Tours down the Savegre are unforgettable and feature stops at beautiful waterfalls and swimming holes. This property is also conveniently located between the #1 tourism destination in the country, Manuel Antonio (Quepos) and the growing towns of Dominical and Uvita.
Within a 15 to 45 minute radius of the property, guests can:
With the completion of the coastal highway down to the Panamanian border, access to this part of Costa Rica has never been easier, and word is spreading. With so much to do in the area, there is a little something for everyone to enjoy. The central and southern Pacific coast of Costa Rica is witnessing a rapid increase in tourism and as a direct result, developers have taken notice. From Manuel Antonio to Uvita, there are no remaining large ocean view land parcels of this quality available on the market. There are very few properties in this region that can accommodate a large scale development and none of them have the stunning ocean views that this unique property has to offer.
This first time offering is a fantastic opportunity to capitalize on the tremendous growth in the area. If you are looking for the best development property on the Central Pacific coast of Costa Rica, your search is over.