Unique Development Parcel with Strategic Location
Playas Del Coco
- Type: Lots and Land
- Style: Single Story
- Development Level: Built
This strategic, truly unique, parcel l of land is ready for development. Located in the heart of Playas del Coco, the tourism service center of the Papagayo Peninsula. It allows for an easy walk to the center of town with all its varied restaurants, shops, and services such as sports fishing, scuba diving, sailing, jet-skiing, paddle boarding just to mention a few. And it is just far enough away to escape the hustle and bustle when you feel like it. The beach is less than one block away.
What makes this parcel unique? It offers the ONLY privately titled parcel of land between the Playas del Coco beach and the La Chorrera Road that runs along the beach. There are 2,667.24 m2 of privately titled land in this parcel. The total land area is 5,631.89 m2. It is zoned “mixed-use” which allows for Condos/Hotels/Commercial development. This unique feature allows for 21 meters of construction height expanding and maximizing the possibilities for ocean view development along Coco beach. The other 2,964.65 meters can also be developed with the standard 14 meters of construction height to achieve maximum utilization of the land.
Playas del Coco is more than ready for an upscale hotel to service the demand being caused by the growth in tourism as well as the rapid growth of the local area. The medical tourism industry is another sector that would be well served it this type of development. The timing is right to take advantage of this business hub. Coco is also ready for more convenient, residential construction. The demand is not being met. The possibilities are many. The infrastructure is in place. No need to bring services to the property. They are already there. Access is convenient and easy.
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Brokered and Advertised by :
Palm Real Estate
Information is deemed to be correct but not guaranteed.