Located in the southern zone of Costa Rica, this 2,377-acre rice farm presents a very rare opportunity to acquire an impressive amount of land situated right next to the beach. Finding a land parcel of this size for sale in Costa Rica with over 90% flat, uninterrupted, usable land is almost unheard of. Now this unique property is available on the market and it presents a wide array of options for farming interests and real estate investors.
The rice farm has been producing a healthy yield for many years and the business continues in operation to this day. Currently 1,850 acres of the farm is planted with rice and the property is in great condition with an excellent internal road network, and drainage systems. There is a very high demand for rice in Costa Rica. All paddy (rough) rice produced in Costa Rica, stays in Costa Rica. All of the rice produced at the farm is sold to a mill in Costa Rica for local consumption. The sale does not include the farming equipment (they are leased by the business) but it does include all of the structures for administration, workers’ quarters, garages, and storage facilities.
The infrastructure, equipment leases, management and work force are in place to continue operating the business turn-key “as is”, or this fertile farmland in Costa Rica can be converted to produce a wide variety of other traditional agricultural products. Possible farming ideas include bananas, pineapples, sugar, vegetables, tropical fruits, ornamental plants, corn, and palm oil. The rich soil and tropical climate in the area provide an ideal environment for productive farming of many types.
Of course there are other opportunities available here beyond agricultural uses. With such a vast amount of flat, usable land, the property is basically a massive canvas that can accommodate anything from a large golf resort to a residential development with reforestation zones. Although the location is somewhat remote and not beachfront, this property is located only 200 meters from the beach with nothing between. As the region continues to grow, the development opportunities for this property increase accordingly.
The local beach is called Playa Zancudo. It is a very quiet destination featuring tranquil waters and mangrove waterways on the beautiful Coto Colorado River. Minutes from the farm is the top ranked Zancudo Lodge, where guests hold over 70 International Game Fish Association world records! The Panamanian border, the famous surfing town of Playa Pavones, and the old port town of Golfito are all within a 30 minute drive away.
The property’s close proximity to Golfito is particularly intriguing. Now open for business, the new Golfito Marina features the largest berth on the Costa Rican West Coast and holds a very strategic location as the first refueling stop for boats traveling north from Panama. It is also the only marina in the region that can service superyachts, megayachts, and gigayachts. After these luxury yachts pass through the Panama Canal from the Caribbean, on their way to destinations in the Pacific, many of them will make extended stops here.
The Golfito Marina will also include residential housing, commercial development and hospitality services to cater to the every increasing amount of tourists visiting the region. As Golfito begins to take off, the development value for this impressive 2,377-acre property located nearby should increase in kind. In the immediate area, the “green shoots” of growth are already visible with noticeable infrastructure improvements made to bridges, electric networks and recently asphalted roads.
For real estate investors that are looking for a value investment with long term upside, this property can continue to generate a healthy income on the agricultural side until the time is right for a full resale, subdividing parcels for sale, or the development of a large mixed use residential / commercial project. With daily flights from San Jose International to the regional airport in Golfito, one of our agents can make arrangements to pick you up and take you on a full tour of the farm and the surrounding area.