Tropical Paradise Found: Prime Investment Opportunity in Mal Pais

Malpais, Puntarenas
$19,900,000 Property ID: 19591

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Location: Malpais, Puntarenas, Costa Rica
Nestled along the unspoiled shores of Mal Pais, this extraordinary beachfront property is a rare gem, offering an unparalleled investment opportunity for those seeking to own a slice of paradise. Boasting over 320 meters of pristine beach frontage and coveted hotel zoning, this expansive 33-hectare parcel of land unveils endless possibilities for crafting a world-class resort or an intimate boutique hotel in one of the region's most coveted destinations.

Property Highlights:

Prime Beachfront Location: Over 320 meters of coveted beach frontage, ensuring an extraordinary coastal experience.
Hotel Zoning: Perfect for realizing your vision of a world-class resort or an exclusive boutique hotel.
Expansive Land: Sprawling over 33 hectares, the property offers ample space for a multitude of development possibilities.
Maritime Zone: Approximately 5.6 hectares of the property are located in the maritime zone.
Hotel Zoning Flexibility: The hotel zoning allows for 40% coverage and up to 60 rooms per hectare, setting the stage for a highly profitable investment.
Mixed Zoning: Beyond the road, an additional 1.5 hectares of titled land boast mixed zoning, permitting up to 75% land coverage for either commercial or residential development.
Road Frontage: With over 400 meters of road frontage, the property provides endless development options.
Existing Structures:
The property already features a range of well-equipped structures, including:

A fully equipped restaurant
Seven luxury safari tents (each 36m2)
A four-bedroom beachfront home
A one-bedroom beachfront house
A two-bedroom bungalow with a kitchen, living room, and private terrace
A fully equipped communal kitchen
A yoga shala
An art studio
Back-of-the-house facilities with laundry and storage
Development Opportunities:
Building permits are currently in place for nine additional units and common areas on the concession property, along with permits for four villas on the titled property. Additional building permits are also in progress, making this an opportune moment to capitalize on the groundwork that has been done and create a unique and thriving hospitality experience.

Adjacent Land:
Just in front of the beachfront property lies an additional 26 hectares of titled land. A short walk from the beach and boasting 260 meters of street frontage, this land is easily accessible and teeming with potential for development. Notably, there's a large flat area (70,000m2/17 acres) located below the road, providing ample space for constructing residential homes, commercial spaces, or any other development envisioned by the buyer.

The property offers awe-inspiring ocean views from its elevated sections, making it an ideal location for crafting luxurious ocean-view homesites. The panoramic vistas of the ocean and coastline provide an incredible backdrop for potential residences.

Whether you envision developing a luxury residential community, boutique hotel, or a blend of residential and commercial spaces, this development land offers boundless possibilities. Don't miss out on this rare opportunity to create a remarkable project in one of Costa Rica's most coveted and desirable locations.

This beachfront property is a canvas for your vision, offering the chance to create an unforgettable hospitality experience or luxury residences with stunning ocean vistas. Contact us today to seize this rare opportunity and turn your dreams into reality in the heart of Costa Rica's paradise.

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MLSID
19591
Price
$19,900,000
Status
Active/Published
Property Type
Hotel / Leisure
Beds
14
Baths
14
LOT Area (SQ M)
334395
Floor Area (SQ M)
450
Year Built
2022
Acres
82.63
Additional Features
Parking Spaces : 15
View : Ocean

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