Commercial Development project for investors, Herradura Prime Real Estate, La Reserva

  • $4,500,000

Commercial Development project for investors, Herradura Prime Real Estate, La Reserva

  • $4,500,000

Overview

Property ID: ECO21PVH59
  • Commercial, Projects
  • Property Type
  • 2007
  • Year Built

Description

This is a unique and small community located in a prime pacific resorts location to satisfy your high expectations of living, providing security, privacy, and affordable resort quality of life, within an untouched tropical environment. With its natural flourishing ambience, La Reserve offers the peace and calm of the forest while less than 2 miles from the beach, the golf course, the marina, and all other pleasures of a world class resort environment. La Reserve is a fully gated private community with incredible amenities, amazing greenery and peaceful surroundings that will make you want to come home to your beautiful new condominium in Herradura Bay, Costa Rica.

  • 12 existing luxury units for sale.
  • All paperwork ready for segregation and sale
  • Permits in place to build 16 more identical units at the two empty lots. There are 12 buildings existing at the current moment on two floors. Total the project will have 28 condos, upstairs/downstairs.
  • Every condo has 3 bedrooms, 2 baths; The Upstairs units are 191 m2; The downstairs units are 151 m2. Modern design as interior, Terraces and Balconies, Granite Countertops & Custom Wood Furnishings, Porcelanato Tile Flooring, Custom Baseboards & Crown Moldings, Master Bathroom with Spa Shower, Dual Sinks with optional Jacuzzi Tub, Gourmet Kitchen with Stainless Steel Appliances, Imported Fixtures, Ceiling Height 9 ft 4 in,
  • Full Handicap Accessible Ramp
  • Property Administration and Maintenance
  • World Class Landscape Design
  • Fully Structured Gated Community
  • Underground Utilities
  • Cable TV & High-Speed Internet
  • Private & Filtered Water Supply System
  • Back-Up Energy Supply
  • 2-Car Covered Carport per Unit and 4 Visitor Parking Spaces
  • Landscaped Swimming Pool with Ample Sundeck & Jacuzzi
  • Ranch-style Wet Bar, BBQ Grill
  • Designated Children’s Pool & Playground Area
  • All units are rented long term at this moment with 100% occupancy with one unit is dedicated to the owner.
  • Total property is 8,736 m2. – Lot for new building, roughly 3,464 m2
  • Backup generator for main building facilities.
  • All walled in, and very secure like a safe heaven.

My take: this could be a commercial real estate opportunity as a good real estate investment with its adequate Net Value profit Strategically nice located, near los Suenos and the main road in Herradura. Prime real estate area and plus value in Herradura. All condos are ready to sell. The new condos are ready to be build as permits in place. Total project for 28 condos and existing 12 to sell for cashflow.

Address

  • City Garabito
  • State/county Puntarenas
  • Zip/Postal Code 61101
  • Area Herradura
  • Country Costa Rica

Details

Updated on October 16, 2021 at 10:22 am
  • Property ID: ECO21PVH59
  • Price: $4,500,000
  • Land Area: 8736 M2
  • Rooms: 12
  • Year Built: 2007
  • Property Type: Commercial, Projects
  • Property Status: For Sale

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