Playa Grande Beachfront Development Property

Playa Grande, Guanacaste
$19,500,000 Property ID: 20181

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Location: Playa Grande, Costa Rica
This 16 hectares (40 acres) of titled beachfront land represents a unique development opportunity in Costa Rica. It is an extraordinary asset due to the extreme scarcity of titled oceanfront land in the country, combined with its absolutely prime location in a booming area.

Tucked along Playa Grande, Guanacaste - one of the fastest-growing beach communities in the country - the property has the key components needed for developing any vision, from a signature surf hotel to an exclusive residential community or luxury health retreat. Its topography is entirely flat; utility access has been confirmed; the developable space has been clearly/legally defined.

Since 2021, prices for residential lots and homes in Grande have more than doubled due to several factors. First and foremost, the Playa Grande surf break is world-renowned, attracting surfers from all parts of the globe. The waves have always brought tourism into the community.

Second, key environmental and water issues were fully resolved, allowing for development in the community, at the same time that a wave of expat families and digital nomads flooded Costa Rica in the 2021-23 post-COVID relocation boom. The area now has clear boundaries for its national park, as well as the developable areas - and with the final hurdles cleared, construction in the community soared immediately.

Third, Grande is located in a corridor with the key amenities that attract expats, including private schools, healthcare facilities and a well-connected international airport.

The rapid increase in the area's private school enrollment is evidence of a trend that is palpable in Guanacaste - more people than ever want to visit or move to Costa Rica. The government's pro-foreign-investment policies have created a region that is ripe with opportunity and a growing audience; 2023 is set to be a record year for international arrivals in Costa Rica.

For serious investors looking to create a legacy property, there is little oceanfront land for sale that compares to this Playa Grande parcel - contact us for more information.
MLSID
20181
Price
$19,500,000
Status
Available
Property Type
Land
LOT Area (SQ M)
160789
Acres
39.73
Additional Features
View : Ocean

Real Estate Agent

Matt Rosensteele

Coldwell Banker Pacific Realty

Costa Rica Direct: +506-4500-3820

Marketed by
Coldwell Banker Pacific Realty
Call us today on +506-4500-3820

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