Palmvita Project, Playa Uvita

Property Description

A 10 acre gated residential community, surrounded by a 250 acre primary forest. There are seven 1.25 acre “agricultural´´ lots, fully prepared for residential living.

The developers, originally Dutch, have a more then 15 year experience in Costa Rica in the nineties they developed successfully the hotel resort ‘Villas Rio Mar’ in Dominical, and now they want to create a similar area for eco friendly residential living.

The property

A 10 acre gated residential community, surrounded by a 250 acre primary forest. There are seven 1.25 acre “agricultural´´ lots, fully prepared for residential living. Each lot has a building site, approx. 80 – 90 meters (250 – 300 ft) above sea level, offering a spectacular ocean view and a continuous cool breeze from the ocean. There is electricity, potable water, mobile internet/telephone, and direct TV.

Cable and telephone companies are waiting with connections till home construction proceeds.

–       Secured (gated, caretaker/maintenance staff around, transparent, street lamps in the night),

The investment

The “fincas´´ include a well done landscaping and a solid finished infrastructure, ready for construction. For all building lots positive soil tests are available.

Buyers can opt for “all included´´ home construction.

Security

The property is surrounded by 250 acres of primary forest which gives a high degree of security.  The main gate has 24 hours surveillance (guardhouse). The gate is remote controlled. There are no public roads into or around the property. There is one caretaker and one maintenance employee living on the 4 hectare property.

Legal title

All “fincas´´ have legal title, incorporated in a local corporation (S.A.). It could be sold or mortgaged freely.

Construction

Each “finca´´ has a specific building site where soil test proved solid conditions and where also the utilities (water, electricity) came into the property.

Prices

Reduced prices per May 2011.

Lot 1   :    occupied and built by developer

Lot 2   :    occupied and built by developer

Lot 3   : lot price $  175.000 (1,25 acre),

Lot 4  :  lot price $  175.000 (1,25 acre). The property include a basic 35 m2 house.

Lot 5  :  lot price $  175.000  (1.25 acre)

Lot 6 ;   lot price $  225.000  (1.25 acre).

Lot 7 :   lot price $  150.000   (1.75 acre) .

Monthly fees for maintenance are around $ 100 per lot/finca (year 2011). This includes a full time maintenance of the grounds.

Property Details

$150,000
Property ID: PROP-143
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