Two Development Farms with 105 Ha for Sale in Balsa, Atenas – Reduced Price!

We are offering two exceptional properties totaling 105 hectares in Costa Rica, specifically suited for residential development, now available at significantly reduced prices for a quick sale.

For developers looking to build a residential community, gated estate, retirement community, or condominium project, opportunities like this are extremely rare. With its strategic location, beautiful views, and excellent accessibility, it would be difficult to find a better price per square meter for comparable land in this region of Costa Rica.

The property is located near Balsa, just 2 km from Route 27 and approximately 49 km from San José. The farms are positioned directly in front of Lake Chucás, offering beautiful lake views for future homes or condominiums.

Recently Reduced Prices

To motivate a fast sale, the owners have dramatically reduced the prices:

Property 1
499,771 m² (125 Acres)
$2.58 per m² — US $1,290,000
(previously $5.25 per m²)

Property 2
550,373 m² (137 Acres)
$1.81 per m² — US $998,000
(previously $3.95 per m²)

Location

The farms enjoy a quiet yet highly accessible location.

While marketed under Atenas (the nearest city), the properties are legally located in Picagres, within the canton of Ciudad Colón.

The farms sit near the National Technical University of Costa Rica campus in Río Grande de Atenas.

Access from Route 27 is fully paved until the last 300 meters before reaching the properties.

Across from the properties, the Italian energy company Enel constructed a hydroelectric project that created the lake adjacent to the farms, giving future residences spectacular lake views.

Development Potential

Property 1

Ideal for a mixed residential development, including:

• Up to 6 apartment towers on the nearly flat section facing the public road (see renderings)
• Individual residential lots
• Common areas and amenities such as:
  • Swimming pools
  • Walking trails
  • Recreational areas

Property 2

Perfect for a luxury residential estate development, with:

• Large 7,000 m² residential lots (see renderings)
• Panoramic mountain, valley, and lake views
• Ideal for estate homes or a gated community

Permits and Preliminary Studies

The owners have already completed several preliminary steps important for development.

Available documentation includes:

Certificate of Potential Environmental Viability

Additional preliminary studies can be provided on request, including:

• Cadastral status of the properties
• Land use and zoning regulations (density, coverage, classification)
• Review of municipal regulations and restrictions
• Availability of infrastructure services including:
  • Road access
  • Sewage disposal
  • Drainage
  • Electricity
  • Telecommunications

Water Availability

A hydrogeological study was conducted by Pura Vida Drillings S.A. to evaluate water resources on the properties.

Findings include:

• Up to 6 wells possible within the cold water vein, producing up to 15 liters per second
• Estimated potential water supply: 1,080 m³ per day (based on 20 hours pumping)
• Up to 3 additional wells possible within a thermal vein